NOT LISTED FOR SALE

405 Rio Dr Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $545,000 - $581,000

4 Beds
2 Baths
2,422 Sq Ft
$231/Sq Ft Est. Value

About This Home

This home is located at 405 Rio Dr, Chesapeake, VA 23322 and is currently estimated at $559,545, approximately $231 per square foot. 405 Rio Dr 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
Jun 15, 2016
Sold by
Powers Bernard P and Powers Connie Sue
Bought by
Bechtel Michael J
Current Estimated Value
$559,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,487
Outstanding Balance
$268,952
Interest Rate
3.61%
Mortgage Type
VA
Estimated Equity
$290,593

Purchase Details

Closed on
Oct 6, 2006
Sold by
Gordon Walter L
Bought by
Powers Bernard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
6.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bechtel Michael J $350,000 Advance Title & Abstract Inc
Powers Bernard P $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bechtel Michael J $337,487
Previous Owner Powers Bernard P $263,000
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 $4,876 $505,200 $205,000 $300,200
2024 $4,876 $482,800 $185,000 $297,800
2023 $4,153 $463,300 $165,000 $298,300
2022 $4,082 $404,200 $145,000 $259,200
2021 $3,767 $358,800 $125,000 $233,800
2020 $3,593 $342,200 $125,000 $217,200
2019 $3,550 $338,100 $125,000 $213,100
2018 $3,550 $338,100 $125,000 $213,100
2017 $3,409 $324,700 $120,000 $204,700
2016 $3,251 $309,600 $120,000 $189,600
2015 $3,228 $307,400 $120,000 $187,400
2014 $3,170 $301,900 $120,000 $181,900
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

405 Rio Dr, Chesapeake, VA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes