NOT LISTED FOR SALE

3235 Western Branch Blvd Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $4,565,962

-- Bed
-- Bath
40,808 Sq Ft
$112/Sq Ft Est. Value

About This Home

This home is located at 3235 Western Branch Blvd, Chesapeake, VA 23321 and is currently estimated at $4,565,962, approximately $111 per square foot. 3235 Western Branch Blvd is a home located in Chesapeake City with nearby schools including Western Branch Primary School, Western Branch Intermediate School, and Western Branch Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2016
Sold by
Churchland Motel Associates Lc A Virgini
Bought by
R And J Motel Management Inc A Virginia
Current Estimated Value
$4,565,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,530,163
Interest Rate
3.52%
Mortgage Type
Commercial
Estimated Equity
$3,086,221
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
R And J Motel Management Inc A Virginia $2,850,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R And J Motel Management Inc A Virginia $1,900,000
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 $45,022 $4,432,600 $600,500 $3,832,100
2024 $45,022 $4,457,600 $600,500 $3,857,100
2023 $36,498 $5,386,600 $720,600 $4,666,000
2022 $31,130 $3,082,200 $720,600 $2,361,600
2021 $29,325 $2,792,900 $720,600 $2,072,300
2020 $35,508 $3,381,700 $720,600 $2,661,100
2019 $31,024 $2,954,700 $720,600 $2,234,100
2018 $28,895 $2,755,000 $630,000 $2,125,000
2017 $30,186 $2,874,900 $630,000 $2,244,900
2016 $29,679 $2,826,600 $630,000 $2,196,600
2015 $28,928 $2,755,000 $630,000 $2,125,000
2014 $33,577 $3,197,800 $630,000 $2,567,800
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

3235 Western Branch Blvd, Chesapeake, VA

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