317 Velva Dr Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $247,000 - $297,911
3
Beds
1
Bath
1,270
Sq Ft
$217/Sq Ft
Est. Value
About This Home
This home is located at 317 Velva Dr, Chesapeake, VA 23325 and is currently estimated at $275,978, approximately $217 per square foot. 317 Velva Dr is a home located in Chesapeake City with nearby schools including Thurgood Marshall Elementary School, Indian River Middle, and Indian River High.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 14, 2023
Sold by
Wallace Tracie E
Bought by
Rst Investments Llc
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
$118,500
Outstanding Balance
$115,958
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$160,020
Purchase Details
Closed on
Mar 6, 2006
Sold by
Matthews Mark G
Bought by
Wilson Thelma W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.15%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rst Investments Llc | $158,000 | Wfg National Title | |
| Wilson Thelma W | $182,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rst Investments Llc | $118,500 | |
| Previous Owner | Wilson Thelma W | $182,000 |
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 | $2,460 | $260,100 | $100,000 | $160,100 |
| 2024 | $2,460 | $243,600 | $90,000 | $153,600 |
| 2023 | $2,016 | $228,900 | $80,000 | $148,900 |
| 2022 | $1,998 | $197,800 | $65,000 | $132,800 |
| 2021 | $1,756 | $167,200 | $55,000 | $112,200 |
| 2020 | $1,689 | $160,900 | $55,000 | $105,900 |
| 2019 | $1,641 | $156,300 | $55,000 | $101,300 |
| 2018 | $1,590 | $143,000 | $50,000 | $93,000 |
| 2017 | $1,531 | $145,800 | $50,000 | $95,800 |
| 2016 | $1,502 | $143,000 | $50,000 | $93,000 |
| 2015 | $1,483 | $141,200 | $50,000 | $91,200 |
| 2014 | $1,538 | $146,500 | $50,000 | $96,500 |
Source: Public Records
Map
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