304 Rio Dr Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $522,000 - $530,000
4
Beds
3
Baths
2,211
Sq Ft
$238/Sq Ft
Est. Value
About This Home
This home is located at 304 Rio Dr, Chesapeake, VA 23322 and is currently estimated at $526,282, approximately $238 per square foot. 304 Rio Dr is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Great Bridge Middle School, and Grassfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 7, 2021
Sold by
Higginbotham Thomas and Higginbotham Laura
Bought by
Shetty Sachin S and Shetty Donna D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$271,273
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$255,009
Purchase Details
Closed on
Jun 21, 2018
Sold by
Hadley Darron C and Hadley Jaimee M
Bought by
Higginbotham Thomas and Higginbotham Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,585
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 8, 2008
Sold by
Hanes Steven W
Bought by
Hadley Darron C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,451
Interest Rate
6.4%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shetty Sachin S | $380,000 | Attorney | |
| Shetty Revocable Living Trust | $380,000 | Fidelity National Title | |
| Higginbotham Thomas | $324,900 | Omni Title And Escrow Llc | |
| Hadley Darron C | $347,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shetty Revocable Living Trust | $304,000 | |
| Closed | Shetty Revocable Living Trust | $304,000 | |
| Previous Owner | Higginbotham Thomas | $330,585 | |
| Previous Owner | Hadley Darron C | $358,451 |
Source: Public Records
Tax History Compared to Growth
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 | $4,756 | $493,400 | $200,000 | $293,400 |
| 2024 | $4,756 | $470,900 | $180,000 | $290,900 |
| 2023 | $4,039 | $451,000 | $160,000 | $291,000 |
| 2022 | $3,973 | $393,400 | $140,000 | $253,400 |
| 2021 | $3,654 | $348,000 | $120,000 | $228,000 |
| 2020 | $3,394 | $323,200 | $120,000 | $203,200 |
| 2019 | $3,354 | $319,400 | $120,000 | $199,400 |
| 2018 | $3,354 | $319,400 | $120,000 | $199,400 |
| 2017 | $3,159 | $300,900 | $117,000 | $183,900 |
| 2016 | $3,159 | $300,900 | $117,000 | $183,900 |
| 2015 | $3,136 | $298,700 | $117,000 | $181,700 |
| 2014 | $3,081 | $293,400 | $117,000 | $176,400 |
Source: Public Records
Map
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