Kelvin Reed
Reeds Real Estate LLC
(757) 780-1258
118 Total Sales
1 in Indian River
$245,000 Price
312 Velva Dr Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $220,000 - $267,486
3
Beds
1
Bath
950
Sq Ft
$252/Sq Ft
Est. Value
Highlights
- City Lights View
- Fireplace
- Ceramic Tile Flooring
- No HOA
- Level Entry For Accessibility
- 3-minute walk to Plymouth Park
About This Home
As of September 2025Welcome to this charming brick ranch featuring 3 bedrooms and 1 full bath, thoughtfully designed for cozy living with an open floor plan. The home offers both character and updates, including a new 6-foot privacy fence, a detached garage, and a large, well-maintained backyard complete with a fireplace.. Major systems have been well cared for—roof replaced in 2014, with the HVAC and hot water heater only 5 years old, giving peace of mind to the new homeowner.
Centrally located near military bases, shopping, interstates, hospitals, and more, this home combines comfort, convenience, and durability in one beautiful package.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,090
Year Built
- Built in 1956
Lot Details
- 5,968 Sq Ft Lot
- Lot Dimensions are 100 x 60
- Back Yard Fenced
- Property is zoned R8S
Home Design
- Brick Exterior Construction
- Asphalt Shingled Roof
Interior Spaces
- 950 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Fireplace
- City Lights Views
- Crawl Space
Kitchen
- Gas Range
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Parking
- 1 Car Detached Garage
- Parking Available
- Driveway
- Off-Street Parking
Accessible Home Design
- Level Entry For Accessibility
Schools
- Thurgood Marshall Elementary School
- Indian River Middle School
- Indian River High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Plymouth Park Subdivision
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2025
Closed on
Sep 11, 2025
Sold by
Bought by
Seller's Agent
Helga Sutton
AMW Real Estate Inc
Buyer's Agent
April Dickson
1st Class Real Estate Flagship
List Price
$230,000
Sold Price
$230,000
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,872
Avg. Annual Appreciation
4.62%
Original Mortgage
$225,834
Outstanding Balance
$223,999
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$15,873
Purchase Details
Closed on
Jan 27, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,146
Interest Rate
3.22%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 20, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,721
Interest Rate
6.07%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Indian River, VA
-
Kelvin Reed
-
Duke Quarshie
Duke Quarshie
Hampton Roads Realty Services
(757) 891-5171
19 Total Sales
1 in Indian River
$380,000 Price
-
Kara Evalenko
Kara Evalenko
Real Broker LLC
(757) 908-3673
118 Total Sales
3 in Indian River
$355K - $630K Price Range
-
Rusty Smith
Rusty Smith
Southern Realty Group
(757) 280-3552
43 Total Sales
2 in Indian River
$166K - $278K Price Range
-
Matthew Salway
Matthew Salway
Iron Valley Real Estate HR
(585) 627-0720
497 Total Sales
19 in Indian River
$192K - $415K Price Range
-
Eric Hovik
Eric Hovik
RE/MAX Alliance
(757) 797-9466
114 Total Sales
2 in Indian River
$208K - $400K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $230,000 | First American Title Insurance | ||
| $195,000 | First American Title | ||
| $163,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $225,834 | ||
| Previous Owner | $19,146 | ||
| Previous Owner | $153,791 | ||
| Previous Owner | $161,721 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | Sold | $230,000 | 0.0% | $242 / Sq Ft |
| 08/28/2025 08/28/25 | Pending | -- | -- | -- |
| 08/19/2025 08/19/25 | For Sale | $230,000 | -- | $242 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,243 | $222,100 | $100,000 | $122,100 |
| 2024 | $2,090 | $206,900 | $90,000 | $116,900 |
| 2023 | $1,642 | $192,000 | $80,000 | $112,000 |
| 2022 | $1,653 | $163,700 | $65,000 | $98,700 |
| 2021 | $1,321 | $125,800 | $55,000 | $70,800 |
| 2020 | $1,284 | $122,300 | $55,000 | $67,300 |
| 2019 | $1,253 | $119,300 | $55,000 | $64,300 |
| 2018 | $1,384 | $127,300 | $50,000 | $77,300 |
| 2017 | $1,337 | $127,300 | $50,000 | $77,300 |
| 2016 | $1,313 | $125,000 | $50,000 | $75,000 |
| 2015 | $1,297 | $123,500 | $50,000 | $73,500 |
| 2014 | $1,305 | $124,300 | $50,000 | $74,300 |
Source: Public Records
Agents Affiliated with this Home
-
Helga Sutton
Seller's Agent in 2025
Helga Sutton
AMW Real Estate Inc
(757) 913-0701
3 in this area
31 Total Sales
-
April Dickson
A
Buyer's Agent in 2025
April Dickson
1st Class Real Estate Flagship
(757) 635-5935
3 in this area
42 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10598223
APN: 0121002003640
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