NOT LISTED FOR SALE

406 Mallet Way Chesapeake, VA 23323

Deep Creek-Portsmouth Neighborhood

Estimated Value: $519,000 - $577,000

4 Beds
4 Baths
2,641 Sq Ft
$205/Sq Ft Est. Value

About This Home

This home is located at 406 Mallet Way, Chesapeake, VA 23323 and is currently estimated at $541,024, approximately $204 per square foot. 406 Mallet Way is a home located in Chesapeake City with nearby schools including Grassfield Elementary School, Hugo a Owens Middle, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Simmons Daniel V
Bought by
Simmons Daniel Vernon and Simmons Karen Louise
Current Estimated Value
$541,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,200
Outstanding Balance
$451,522
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$85,480

Purchase Details

Closed on
Jul 6, 2022
Sold by
Neumann Jeffrey F and Neumann Theresa M
Bought by
Simmons Daniel V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,200
Outstanding Balance
$451,522
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$85,480

Purchase Details

Closed on
Jul 2, 2008
Sold by
Ervin Martin M
Bought by
Neumann Jeffrey F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,360
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 1999
Sold by
Lifestyle Homes-Sawyers M
Bought by
Ervin Martin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,200
Interest Rate
6.92%

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

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
Simmons Daniel Vernon -- Caplan L T
Simmons Daniel V $500,000 Old Republic National Title
Neumann Jeffrey F $365,000 --
Ervin Martin M $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Daniel V $471,200
Previous Owner Neumann Theresa M $292,353
Previous Owner Neumann Theresa M $321,800
Previous Owner Neumann Theresa M $339,358
Previous Owner Neumann Jeffrey F $359,360
Previous Owner Ervin Martin M $168,200
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 $4,874 $482,600 $165,000 $317,600
2023 $4,155 $455,900 $135,000 $320,900
2022 $3,229 $411,400 $125,000 $286,400
2021 $3,705 $352,900 $105,000 $247,900
2020 $3,571 $340,100 $105,000 $235,100
2019 $3,368 $320,800 $105,000 $215,800
2018 $3,458 $329,400 $105,000 $224,400
2017 $3,257 $310,200 $95,000 $215,200
2016 $3,170 $301,900 $95,000 $206,900
2015 $3,101 $295,300 $102,000 $193,300
2014 $3,057 $291,100 $102,000 $189,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23323 Deep Creek-Portsmouth

406 Mallet Way, Chesapeake, VA

Homes for Sale in Chesapeake, VA

This home is located at 406 Mallet Way, Chesapeake, VA 23323 and is currently estimated at $541,024, approximately $204 per square foot. 406 Mallet Way is a home located in Chesapeake City with nearby schools including Grassfield Elementary School, Hugo a Owens Middle, and Grassfield High School.

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.

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