NOT LISTED FOR SALE

329 Velva Dr Chesapeake, VA 23325

Indian River Neighborhood

Estimated Value: $250,000 - $291,000

3 Beds
1 Bath
1,302 Sq Ft
$212/Sq Ft Est. Value

About This Home

This home is located at 329 Velva Dr, Chesapeake, VA 23325 and is currently estimated at $276,633, approximately $212 per square foot. 329 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
Apr 1, 2024
Sold by
Barwick Niki R and Lincoln Edward T
Bought by
Eldridge Amber and Eldridge Michael David
Current Estimated Value
$276,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,052
Outstanding Balance
$237,566
Interest Rate
6.9%
Mortgage Type
VA
Estimated Equity
$25,077

Purchase Details

Closed on
May 30, 2018
Sold by
Reeves Betty M
Bought by
Barwick Niki R and Lincoln Edward T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,820
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2018
Sold by
The Estate Of Samuel Branham
Bought by
Reeves Betty M and The Velva Drive Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,820
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Eldridge Amber $235,000 Old Republic National Title
Barwick Niki R $104,000 Attorney
Reeves Betty M $72,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldridge Amber $240,052
Previous Owner Barwick Niki R $105,820
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
2024 $2,454 $243,000 $90,000 $153,000
2023 $1,770 $201,900 $80,000 $121,900
2022 $1,753 $173,600 $65,000 $108,600
2021 $1,535 $146,200 $55,000 $91,200
2020 $1,490 $141,900 $55,000 $86,900
2019 $1,450 $138,100 $55,000 $83,100
2018 $1,416 $125,200 $50,000 $75,200
2017 $1,202 $130,200 $50,000 $80,200
2016 $1,343 $127,900 $50,000 $77,900
2015 $1,326 $126,300 $50,000 $76,300
2014 $1,277 $121,600 $50,000 $71,600
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23325 Indian River

329 Velva Dr, Chesapeake, VA

This home is located at 329 Velva Dr, Chesapeake, VA 23325 and is currently estimated at $276,633, approximately $212 per square foot. 329 Velva Dr is a home located in Chesapeake City with nearby schools including Thurgood Marshall Elementary School, Indian River Middle, and Indian River High.

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