402 Rhema Rd Unit Rd. Chesapeake, VA 23323
Great Bridge NeighborhoodEstimated Value: $487,000 - $530,000
            
                4
                Beds
            
            
            
                4
                Baths
            
            
            
                2,316
                Sq Ft
            
            
                
                    $219/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 402 Rhema Rd Unit Rd., Chesapeake, VA 23323 and is currently estimated at $506,563, approximately $218 per square foot. 402 Rhema Rd Unit Rd. is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Great Bridge Middle School, and Grassfield High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Apr 10, 2024
            
        
                Sold by
            
            
                Howell Brian Jason and Howell Cheri Newman
            
        
                Bought by
            
            
                Richardson Matthews Nicholas and Rose Emanski Madison
            
        
                            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
            
            
                $396,000
            
        
                Outstanding Balance
            
            
                $390,150
            
        
                Interest Rate
            
            
                6.94%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $116,413
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Richardson Matthews Nicholas | $495,000 | Fidelity National Title | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Richardson Matthews Nicholas | $396,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $4,536 | $451,400 | $120,000 | $331,400 | 
| 2024 | $4,536 | $449,100 | $115,000 | $334,100 | 
| 2023 | $4,619 | $457,300 | $110,000 | $347,300 | 
| 2022 | $4,146 | $410,500 | $110,000 | $300,500 | 
                Source: Public Records
            
        Map
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