NOT LISTED FOR SALE

2801 Martin's Point Way Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $640,000 - $744,000

4 Beds
3 Baths
2,555 Sq Ft
$264/Sq Ft Est. Value

About This Home

This home is located at 2801 Martin's Point Way, Chesapeake, VA 23321 and is currently estimated at $675,200, approximately $264 per square foot. 2801 Martin's Point Way 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
Dec 21, 2022
Sold by
Classics 3 Group Llc
Bought by
Chen Jianming and Chen Yun Yi
Current Estimated Value
$675,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,250
Outstanding Balance
$514,289
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$160,911

Purchase Details

Closed on
May 24, 2021
Sold by
Drum Point Properties Llc
Bought by
Classics 3 Group Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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

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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
Chen Jianming $625,000 Fidelity National Title
Chen Jianming $625,000 Fidelity National Title
Classics 3 Group Llc $135,000 Attorney
Classics 3 Group Llc $135,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jianming $531,250
Closed Chen Jianming $531,250
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 $5,481 $584,700 $160,000 $424,700
2024 $5,481 $542,700 $160,000 $382,700
2023 $4,026 $496,800 $150,000 $346,800
2022 $4,808 $476,000 $140,000 $336,000
2021 $1,470 $140,000 $140,000 $0
2020 $1,208 $115,000 $115,000 $0
2019 $1,208 $115,000 $115,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

2801 Martin's Point Way, Chesapeake, VA

This home is located at 2801 Martin's Point Way, Chesapeake, VA 23321 and is currently estimated at $675,200, approximately $264 per square foot. 2801 Martin's Point Way 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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