NOT LISTED FOR SALE

Estimated Value: $704,000 - $830,000

6 Beds
6 Baths
4,482 Sq Ft
$173/Sq Ft Est. Value

About This Home

This home is located at 405 Tranquility Trace, Chesapeake, VA 23320 and is currently estimated at $777,425, approximately $173 per square foot. 405 Tranquility Trace is a home located in Chesapeake City with nearby schools including B.M. Williams Primary School, Crestwood Intermediate School, and Crestwood Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Knollenberg Kim D and Knollenberg Cathrin L
Bought by
Mckay Jonathan Samuel
Current Estimated Value
$777,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,740
Outstanding Balance
$795,477
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
-$18,052

Purchase Details

Closed on
Jan 11, 2013
Sold by
Stone Financing Llc
Bought by
Knollenberg Kim D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2013
Sold by
Burks Christopher A
Bought by
Stone Financing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2009
Sold by
Lovell Corey E and London Laurssia T
Bought by
Burks Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2007
Sold by
Sadler Building Corp
Bought by
Lovell Corey E and London,Larussia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,420
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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.

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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

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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
Mckay Jonathan Samuel $790,000 Old Republic National Title
Knollenberg Kim D $470,000 --
Stone Financing Llc $470,000 --
Burks Christopher A $490,000 --
Lovell Corey E $626,802 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckay Jonathan Samuel $805,740
Previous Owner Knollenberg Kim D $320,000
Previous Owner Knollenberg Kim D $376,000
Previous Owner Burks Christopher A $391,700
Previous Owner Burks Christopher A $392,000
Previous Owner Lovell Corey E $407,420
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
2024 $7,071 $700,100 $210,000 $490,100
2023 $6,067 $662,900 $210,000 $452,900
2022 $5,951 $589,200 $180,000 $409,200
2021 $5,671 $540,100 $170,000 $370,100
2020 $5,522 $525,900 $165,000 $360,900
2019 $5,426 $516,800 $165,000 $351,800
2018 $5,167 $492,100 $130,000 $362,100
2017 $4,848 $461,700 $125,000 $336,700
2016 $4,848 $461,700 $125,000 $336,700
2015 $4,815 $458,600 $120,000 $338,600
2014 $4,815 $458,600 $120,000 $338,600
Source: Public Records

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