NOT LISTED FOR SALE

3712 Profit Way Chesapeake, VA 23323

Deep Creek-Portsmouth Neighborhood

Estimated Value: $2,025,536

-- Bed
-- Bath
25,206 Sq Ft
$80/Sq Ft Est. Value

About This Home

This home is located at 3712 Profit Way, Chesapeake, VA 23323 and is currently estimated at $2,025,536, approximately $80 per square foot. 3712 Profit Way is a home located in Chesapeake City with nearby schools including Southwestern Elementary School, Jolliff Middle School, and Western Branch High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2016
Sold by
Profit Way Llc A Virginia Limited Liabil
Bought by
Hb Heafner Industrial Park Llc A Virgini
Current Estimated Value
$2,025,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Outstanding Balance
$945,694
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$1,079,842

Purchase Details

Closed on
Aug 4, 2016
Sold by
The Estate Of James Neil Rudolph
Bought by
Profit Way Llc A Virginia Limited Liabil
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Hb Heafner Industrial Park Llc A Virgini $1,175,000 Bridgetrust Title Group
Profit Way Llc A Virginia Limited Liabil $1,040,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hb Heafner Industrial Park Llc A Virgini $1,175,000
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 $16,174 $1,745,900 $450,000 $1,295,900
2024 $16,174 $1,601,400 $450,000 $1,151,400
2023 $16,188 $1,599,800 $450,000 $1,149,800
2022 $16,563 $1,639,900 $450,000 $1,189,900
2021 $15,469 $1,473,200 $450,000 $1,023,200
2020 $15,578 $1,483,600 $450,000 $1,033,600
2019 $15,234 $1,450,900 $420,000 $1,030,900
2018 $14,618 $1,322,200 $330,000 $992,200
2017 $14,093 $1,342,200 $350,000 $992,200
2016 $13,883 $1,322,200 $330,000 $992,200
2015 $13,883 $1,322,200 $330,000 $992,200
2014 $13,883 $1,322,200 $330,000 $992,200
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23323 Deep Creek-Portsmouth

3712 Profit Way, Chesapeake, VA

This home is located at 3712 Profit Way, Chesapeake, VA 23323 and is currently estimated at $2,025,536, approximately $80 per square foot. 3712 Profit Way is a home located in Chesapeake City with nearby schools including Southwestern Elementary School, Jolliff Middle School, and Western Branch High School.

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