355 Progress Dr Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $507,000 - $540,568
4
Beds
3
Baths
2,400
Sq Ft
$218/Sq Ft
Est. Value
About This Home
This home is located at 355 Progress Dr, Chesapeake, VA 23322 and is currently estimated at $524,142, approximately $218 per square foot. 355 Progress Dr is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Hugo A. Owens Middle, and Grassfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 18, 2018
Sold by
Andersen Steven J and Andersen Kimberly T
Bought by
Braxton Derek R and Braxton Ashley G
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
$289,656
Outstanding Balance
$252,213
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$271,929
Purchase Details
Closed on
Jun 26, 2003
Sold by
Gibson Tracy C
Bought by
Andersen Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,293
Interest Rate
5.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 27, 2002
Sold by
Catoe Robert
Bought by
Gibson Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
6.09%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 30, 1999
Sold by
J A R Enterprises L L C
Bought by
Catoe Robert B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,758
Interest Rate
7.71%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Braxton Derek R | $295,000 | Real Est Security Agency Llc | |
| Andersen Steven | $216,500 | -- | |
| Gibson Tracy | $170,000 | -- | |
| Catoe Robert B | $143,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Braxton Derek R | $289,656 | |
| Previous Owner | Andersen Steven | $151,293 | |
| Previous Owner | Gibson Tracy | $135,900 | |
| Previous Owner | Catoe Robert B | $145,758 |
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 | $4,389 | $465,700 | $160,000 | $305,700 |
| 2024 | $4,389 | $434,600 | $150,000 | $284,600 |
| 2023 | $4,042 | $426,100 | $140,000 | $286,100 |
| 2022 | $4,024 | $398,400 | $130,000 | $268,400 |
| 2021 | $3,818 | $363,600 | $120,000 | $243,600 |
| 2020 | $3,337 | $317,800 | $110,000 | $207,800 |
| 2019 | $3,235 | $308,100 | $110,000 | $198,100 |
| 2018 | $3,202 | $305,000 | $110,000 | $195,000 |
| 2017 | $2,960 | $281,900 | $110,000 | $171,900 |
| 2016 | $2,960 | $281,900 | $110,000 | $171,900 |
| 2015 | $2,822 | $268,800 | $105,000 | $163,800 |
| 2014 | $2,822 | $268,800 | $105,000 | $163,800 |
Source: Public Records
Map
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