NOT LISTED FOR SALE

316 Silver Rail Ln Chesapeake, VA 23323

Deep Creek-Portsmouth Neighborhood

Estimated Value: $490,577 - $521,000

4 Beds
3 Baths
2,072 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 316 Silver Rail Ln, Chesapeake, VA 23323 and is currently estimated at $502,144, approximately $242 per square foot. 316 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
Jan 21, 1999
Sold by
Tate Terrance Realty Inve
Bought by
Palermo Deano A
Current Estimated Value
$502,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,850
Outstanding Balance
$20,271
Interest Rate
6.7%
Estimated Equity
$481,873
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Palermo Deano A $234,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palermo Deano A $87,850
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 $4,400 $443,200 $185,000 $258,200
2024 $4,400 $435,600 $165,000 $270,600
2023 $4,077 $403,700 $135,000 $268,700
2022 $3,688 $365,100 $125,000 $240,100
2021 $3,288 $313,100 $105,000 $208,100
2020 $3,176 $302,500 $105,000 $197,500
2019 $3,006 $286,300 $105,000 $181,300
2018 $3,082 $293,500 $105,000 $188,500
2017 $2,818 $268,400 $95,000 $173,400
2016 $2,748 $261,700 $95,000 $166,700
2015 $2,686 $255,800 $100,000 $155,800
2014 $2,650 $252,400 $100,000 $152,400
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23323 Deep Creek-Portsmouth

316 Silver Rail Ln, Chesapeake, VA

This home is located at 316 Silver Rail Ln, Chesapeake, VA 23323 and is currently estimated at $502,144, approximately $242 per square foot. 316 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.

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