NOT LISTED FOR SALE

305 Silver Rail Ln Chesapeake, VA 23323

Deep Creek Neighborhood

Estimated Value: $508,088 - $526,000

4 Beds
3 Baths
2,384 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 305 Silver Rail Ln, Chesapeake, VA 23323 and is currently estimated at $520,022, approximately $218 per square foot. 305 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
Feb 26, 1999
Sold by
Tate Terrace Realty Inv I
Bought by
Mitchum Richard A
Current Estimated Value
$520,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,992
Outstanding Balance
$32,941
Interest Rate
6.76%
Estimated Equity
$487,081
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mitchum Richard A $145,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchum Richard A $135,992
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 $4,717 $473,000 $185,000 $288,000
2024 $4,717 $467,000 $165,000 $302,000
2023 $3,982 $436,500 $135,000 $301,500
2022 $3,983 $394,400 $125,000 $269,400
2021 $3,554 $338,500 $105,000 $233,500
2020 $3,429 $326,600 $105,000 $221,600
2019 $3,238 $308,400 $105,000 $203,400
2018 $3,323 $316,500 $105,000 $211,500
2017 $3,077 $293,000 $95,000 $198,000
2016 $2,997 $285,400 $95,000 $190,400
2015 $2,917 $277,800 $100,000 $177,800
2014 $2,878 $274,100 $100,000 $174,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23323 Deep Creek

305 Silver Rail Ln, Chesapeake, VA

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