3540 Cornland Rd Chesapeake, VA 23322
Pleasant Grove West NeighborhoodEstimated Value: $553,000 - $587,678
3
Beds
2
Baths
2,187
Sq Ft
$263/Sq Ft
Est. Value
About This Home
This home is located at 3540 Cornland Rd, Chesapeake, VA 23322 and is currently estimated at $575,170, 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
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
$239,824
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
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Home Values in the Area
Average Home Value in this Area
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
| 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 | $4,386 | $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
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