NOT LISTED FOR SALE

Estimated Value: $485,703 - $500,000

4 Beds
3 Baths
2,506 Sq Ft
$197/Sq Ft Est. Value

About This Home

This home is located at 2240 Ships Crossing, Chesapeake, VA 23323 and is currently estimated at $494,676, approximately $197 per square foot. 2240 Ships Crossing is a home located in Chesapeake City with nearby schools including Deep Creek Central Elementary School, Hugo a Owens Middle, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2015
Sold by
Pena Steven P
Bought by
Herring Scott A
Current Estimated Value
$494,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$151,943
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$342,733

Purchase Details

Closed on
May 3, 2012
Sold by
Haskins Phillip M
Bought by
Pena Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,917
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2006
Sold by
Bone Ernest
Bought by
Haskins Philip M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2004
Sold by
Reeves David B
Bought by
Bone Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2002
Sold by
Tortorelli Raymond
Bought by
Reeves David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 1999
Sold by
Hearndon Constr Corp
Bought by
Tortorelli Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,938
Interest Rate
7.86%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herring Scott A $260,000 --
Pena Steven P $279,900 --
Haskins Philip M $325,000 --
Bone Ernest $260,000 --
Reeves David $187,500 --
Tortorelli Raymond $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herring Scott A $195,000
Previous Owner Pena Steven P $285,917
Previous Owner Haskins Philip M $260,000
Previous Owner Haskins Philip M $48,750
Previous Owner Bone Ernest $195,000
Previous Owner Reeves David $186,000
Previous Owner Tortorelli Raymond $152,938
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,445 $459,200 $185,000 $274,200
2024 $4,445 $440,100 $165,000 $275,100
2023 $3,899 $418,900 $135,000 $283,900
2022 $3,915 $387,600 $125,000 $262,600
2021 $3,534 $336,600 $110,000 $226,600
2020 $3,312 $315,400 $100,000 $215,400
2019 $3,277 $312,100 $100,000 $212,100
2018 $3,257 $295,300 $100,000 $195,300
2017 $3,101 $295,300 $100,000 $195,300
2016 $3,008 $286,500 $95,000 $191,500
2015 $3,051 $290,600 $95,000 $195,600
2014 -- $290,600 $95,000 $195,600
Source: Public Records

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