NOT LISTED FOR SALE

2505 Sir Lance Dr Chesapeake, VA 23325

Indian River Neighborhood

Estimated Value: $407,513 - $425,000

4 Beds
3 Baths
2,394 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $302,000 $126 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,583/month

12 Days on Market

Highlights

  • Two Primary Bedrooms
  • Wood Flooring
  • Rear Porch
  • Deck
  • Picket Fence
  • 1 Car Attached Garage

About This Home

As of December 2020

Charming 3 bed, 2 bath rancher with a fully-equipped in-law suite or possible rental unit. Located in a cul-de-sac, this comfortable, super clean home offers a generous dining area adj. to the kitchen and a large exterior deck. The beds and baths are well-designed and nicely upgraded. The rental unit has 1 bed and 1 full bath, a fully equipped kitchen, and a separate entrance. The unit is approx 505 sq feet. Like the rest of the house, it's very clean and well-designed. The roof is brand new, and the water heater was replaced in 2018. New hardwood floor installed in 2018. The house has 4 storm doors. The exterior sheds and the garden well/pump convey as-is. This one won't last on the market very long.

Last Agent to Sell the Property

Nick Sinibaldi

Better Homes and Gardens Native American Group License #0225229360 Listed on: 11/03/2020

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1971

Lot Details

  • 0.38 Acre Lot
  • Picket Fence
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,394 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Outdoor Storage
  • Rear Porch

Schools

  • Georgetown Elementary School
  • Indian River Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0192002002460

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,654

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1971
  • Property Attached Yn: No
  • Lot Size Acres: 0.38
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Stove
  • Accessibility Features: Accessible Approach with Ramp
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Main Level Primary, Multiple Primary Suites, Pantry, Cable TV, Window Treatments
  • Living Area: 2394.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Picket
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Frame
  • Exterior Features: Deck, Porch, Paved Driveway
  • Other Structures: Storage
  • Patio And Porch Features: Rear Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage, Off Street, Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Indian River

Lot Info

  • Parcel Number: 0192002002460
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2654.0

MLS Schools

  • Elementary School: Georgetown
  • High School: Indian River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 14, 2020
Sold by
Tait Steven D and Tait Stephanie L
Bought by
Brunswick Logan Parker and Brunswick Heather Maria
Seller's Agent
Nick Sinibaldi
Better Homes and Gardens Native American Group
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$314,900
Sold Price
$302,000
Premium/Discount to List
-$12,900
-4.1%
Current Estimated Value
$416,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,378
Avg. Annual Appreciation
7.07%
Original Mortgage
$296,530
Outstanding Balance
$262,999
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$153,379

Purchase Details

Closed on
Jul 1, 2015
Sold by
Farmer Richard E
Bought by
Tait Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,853
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Brunswick Logan Parker $302,000 Priority Title & Escrow Llc
Tait Steven D $234,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brunswick Heather M $296,530
Closed Brunswick Logan Parker $296,530
Previous Owner Tait Steven D $227,853
Previous Owner Farmer Richard E $175,000
Previous Owner Farmer Richard E $150,000
Previous Owner Farmer Richard E $91,544
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $302,000 -4.1% $126 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $314,900 -- $132 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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 $3,764 $376,700 $125,000 $251,700
2024 $3,764 $372,700 $115,000 $257,700
2023 $3,454 $366,300 $105,000 $261,300
2022 $3,471 $343,700 $95,000 $248,700
2021 $3,174 $302,300 $75,000 $227,300
2020 $2,785 $265,200 $75,000 $190,200
2019 $2,654 $252,800 $75,000 $177,800
2018 $2,568 $243,400 $76,000 $167,400
2017 $2,480 $236,200 $76,000 $160,200
2016 $2,480 $236,200 $76,000 $160,200
2015 $2,475 $243,400 $76,000 $167,400
2014 -- $243,400 $76,000 $167,400
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nick Sinibaldi

    Better Homes and Gardens Native American Group

  • N

    Buyer's Agent in 2020

    NON MLS USER MLS

    NON MLS OFFICE

See All Agents

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2033531

Chesapeake Bay & Rivers Association of REALTORS®

APN: 0192002002460

Virginia Chesapeake County Chesapeake 23325 Indian River

2505 Sir Lance Dr, Chesapeake, VA

This home is located at 2505 Sir Lance Dr, Chesapeake, VA 23325 since 03 November 2020 and is currently estimated at $416,378, approximately $173 per square foot. This property was built in 1971. 2505 Sir Lance Dr is a home located in Chesapeake City with nearby schools including Georgetown Primary School, Sparrow Road Intermediate School, and Indian River Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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