304 Silver Rail Ln Chesapeake, VA 23323
Deep Creek-Portsmouth NeighborhoodEstimated Value: $517,290 - $543,000
4
Beds
3
Baths
2,363
Sq Ft
$222/Sq Ft
Est. Value
About This Home
This home is located at 304 Silver Rail Ln, Chesapeake, VA 23323 and is currently estimated at $525,073, approximately $222 per square foot. 304 Silver Rail Ln is a home located in Chesapeake City with nearby schools including Grassfield Elementary School, Hugo a Owens Middle, and Grassfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 2021
Sold by
Mack Kyle D and Mack Laura P
Bought by
Hanlin David Scott and Hanlin Lisa Ann
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
$424,760
Outstanding Balance
$389,327
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$135,746
Purchase Details
Closed on
Aug 8, 2013
Sold by
Liu Yi
Bought by
Mack Kyle D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 15, 2011
Sold by
Velazquez Jose A
Bought by
Liu Yi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 1999
Sold by
Tate Terrace Realty Inv I
Bought by
Velazquez Jose A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,461
Interest Rate
7.68%
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 |
---|---|---|---|
Hanlin David Scott | $410,000 | Titlequest | |
Mack Kyle D | $295,000 | -- | |
Liu Yi | $280,000 | -- | |
Velazquez Jose A | $146,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hanlin David Scott | $424,760 | |
Previous Owner | Mack Kyle D | $289,656 | |
Previous Owner | Liu Yi | $224,000 | |
Previous Owner | Velazquez Jose A | $148,461 |
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 | $4,692 | $470,700 | $185,000 | $285,700 |
2024 | $4,692 | $464,600 | $165,000 | $299,600 |
2023 | $3,982 | $436,400 | $135,000 | $301,400 |
2022 | $3,982 | $394,300 | $125,000 | $269,300 |
2021 | $3,554 | $338,500 | $105,000 | $233,500 |
2020 | $3,430 | $326,700 | $105,000 | $221,700 |
2019 | $3,239 | $308,500 | $105,000 | $203,500 |
2018 | $3,324 | $293,100 | $95,000 | $198,100 |
2017 | $3,078 | $293,100 | $95,000 | $198,100 |
2016 | $2,998 | $285,500 | $95,000 | $190,500 |
2015 | $2,919 | $278,000 | $100,000 | $178,000 |
2014 | $2,879 | $274,200 | $100,000 | $174,200 |
Source: Public Records
Map
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