NOT LISTED FOR SALE

2540 Gum Rd Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $541,533 - $587,000

5 Beds
3 Baths
2,640 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 2540 Gum Rd, Chesapeake, VA 23321 and is currently estimated at $564,633, approximately $213 per square foot. 2540 Gum Rd is a home located in Chesapeake City with nearby schools including Western Branch Primary School, Western Branch Intermediate School, and Western Branch Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
R Carter Consulting Contractors Llc
Bought by
Way Shawn Michaels
Current Estimated Value
$564,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,316
Outstanding Balance
$484,271
Interest Rate
6.02%
Mortgage Type
VA
Estimated Equity
$80,362

Purchase Details

Closed on
Mar 19, 2020
Sold by
Gaines Jean D
Bought by
R Carter Consulting Contractors Llc and Mercer Ventures Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Way Shawn Michaels $494,900 Fidelity National Title
Way Shawn Michaels $494,900 Fidelity National Title
R Carter Consulting Contractors Llc $65,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Way Shawn Michaels $503,316
Closed Way Shawn Michaels $503,316
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 $4,749 $502,800 $120,000 $382,800
2024 $4,749 $470,200 $120,000 $350,200
2023 $3,427 $457,100 $110,000 $347,100
2022 $3,635 $359,900 $85,000 $274,900
2021 $788 $75,000 $75,000 $0
2020 $788 $75,000 $75,000 $0
2019 $788 $75,000 $75,000 $0
2018 $210 $20,000 $20,000 $0
2017 $210 $20,000 $20,000 $0
2016 $210 $20,000 $20,000 $0
2015 $210 $20,000 $20,000 $0
2014 $210 $20,000 $20,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

2540 Gum Rd, Chesapeake, VA

This home is located at 2540 Gum Rd, Chesapeake, VA 23321 and is currently estimated at $564,633, approximately $213 per square foot. 2540 Gum Rd is a home located in Chesapeake City with nearby schools including Western Branch Primary School, Western Branch Intermediate School, and Western Branch Middle School.

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