NOT LISTED FOR SALE

3540 Cornland Rd Chesapeake, VA 23322

Pleasant Grove West Neighborhood

Estimated Value: $529,000 - $608,000

3 Beds
2 Baths
2,187 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 3540 Cornland Rd, Chesapeake, VA 23322 and is currently estimated at $573,660, approximately $262 per square foot. 3540 Cornland Rd 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
Feb 19, 2019
Sold by
Terhune Shannon D and Terhune Melodi E
Bought by
Reed Leonard L and Reed Sara D
Current Estimated Value
$573,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,210
Outstanding Balance
$335,346
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$238,314

Purchase Details

Closed on
Jun 29, 2004
Sold by
Burns Alvin E
Bought by
Terhune Shannon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,950
Interest Rate
6.2%
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
Reed Leonard L $370,000 Advance Title & Abstract
Terhune Shannon D $261,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Leonard L $382,210
Previous Owner Terhune Shannon D $247,950
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 $4,883 $501,100 $235,000 $266,100
2024 $4,883 $483,500 $215,000 $268,500
2023 $4,130 $434,300 $185,000 $249,300
2022 $4,124 $408,300 $165,000 $243,300
2021 $3,886 $370,100 $150,000 $220,100
2020 $3,808 $362,700 $150,000 $212,700
2019 $3,684 $350,900 $135,000 $215,900
2018 $3,462 $329,700 $135,000 $194,700
2017 $3,329 $317,000 $135,000 $182,000
2016 $3,329 $317,000 $135,000 $182,000
2015 $3,220 $306,700 $135,000 $171,700
2014 $3,220 $306,700 $135,000 $171,700
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Pleasant Grove West

3540 Cornland Rd, Chesapeake, VA

This home is located at 3540 Cornland Rd, Chesapeake, VA 23322 and is currently estimated at $573,660, approximately $262 per square foot. 3540 Cornland Rd 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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