NOT LISTED FOR SALE

3500 Mercer Ct Chesapeake, VA 23323

Culpepper Landing Neighborhood

Estimated Value: $549,000 - $575,000

5 Beds
3 Baths
3,216 Sq Ft
$174/Sq Ft Est. Value

About This Home

This home is located at 3500 Mercer Ct, Chesapeake, VA 23323 and is currently estimated at $560,813, approximately $174 per square foot. 3500 Mercer Ct is a home located in Chesapeake City with nearby schools including Deep Creek Central Elementary School, Deep Creek Middle School, and Deep Creek High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2021
Sold by
Pearson Reggie L
Bought by
Ferguson Phyllis and Bullock Sandra
Current Estimated Value
$560,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Outstanding Balance
$233,851
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$326,962

Purchase Details

Closed on
Aug 14, 2007
Sold by
Hearndon Olde Mill Bldg I
Bought by
Pearson Reggie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,556
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Ferguson Phyllis $452,000 Attorney
Pearson Reggie L $398,195 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Phyllis $257,000
Previous Owner Pearson Reggie L $306,000
Previous Owner Pearson Reggie L $318,556
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 $5,021 $516,900 $160,000 $356,900
2024 $5,021 $497,100 $160,000 $337,100
2023 $4,356 $470,000 $155,000 $315,000
2022 $4,402 $435,800 $135,000 $300,800
2021 $3,875 $369,000 $115,000 $254,000
2020 $3,822 $364,000 $110,000 $254,000
2019 $3,774 $359,400 $110,000 $249,400
2018 $3,774 $326,900 $100,000 $226,900
2017 $3,551 $338,200 $100,000 $238,200
2016 $3,432 $326,900 $100,000 $226,900
2015 $3,313 $315,500 $100,000 $215,500
2014 $3,313 $315,500 $100,000 $215,500
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23323 Culpepper Landing

3500 Mercer Ct, Chesapeake, VA

This home is located at 3500 Mercer Ct, Chesapeake, VA 23323 and is currently estimated at $560,813, approximately $174 per square foot. 3500 Mercer Ct is a home located in Chesapeake City with nearby schools including Deep Creek Central Elementary School, Deep Creek Middle School, and Deep Creek High.

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