NOT LISTED FOR SALE

2820 Martins Point Way Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $851,000 - $955,000

5 Beds
4 Baths
3,500 Sq Ft
$257/Sq Ft Est. Value

About This Home

This home is located at 2820 Martins Point Way, Chesapeake, VA 23321 and is currently estimated at $900,173, approximately $257 per square foot. 2820 Martins 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
Aug 30, 2023
Sold by
Sasser Construction Lc
Bought by
Rhea Christopher K and Kelleher Rachael T
Current Estimated Value
$900,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,910
Outstanding Balance
$749,549
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$150,624

Purchase Details

Closed on
May 15, 2019
Sold by
Drum Point Properties Llc
Bought by
Sasser Construction Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
4.1%
Mortgage Type
Commercial
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

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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
Rhea Christopher K $849,900 Fidelity National Title
Rhea Christopher K $849,900 Fidelity National Title
Sasser Construction Lc $940,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhea Christopher K $764,910
Closed Rhea Christopher K $764,910
Previous Owner Sasser Construction Lc $940,000
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 $8,528 $843,300 $190,000 $653,300
2024 $8,528 $844,400 $190,000 $654,400
2023 $4,262 $778,900 $180,000 $598,900
2022 $1,667 $165,000 $165,000 $0
2021 $1,785 $170,000 $170,000 $0
2020 $1,470 $140,000 $140,000 $0
2019 $1,470 $140,000 $140,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

2820 Martins Point Way, Chesapeake, VA

This home is located at 2820 Martins Point Way, Chesapeake, VA 23321 and is currently estimated at $900,173, approximately $257 per square foot. 2820 Martins 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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