NOT LISTED FOR SALE

411 Rio Dr Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $561,000 - $621,000

4 Beds
3 Baths
2,300 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 411 Rio Dr, Chesapeake, VA 23322 and is currently estimated at $596,462, approximately $259 per square foot. 411 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
Jul 12, 2021
Sold by
Reveal Larry K and Reveal Connie M
Bought by
Russell Nancy Sommer and Russell Brett
Current Estimated Value
$596,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$362,938
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$233,524
Source: Public Records

Range of Values:

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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.

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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

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.

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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
Russell Nancy Sommer $525,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Nancy Sommer $400,000
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 $4,918 $509,000 $205,000 $304,000
2024 $4,918 $486,900 $185,000 $301,900
2023 $4,135 $467,400 $165,000 $302,400
2022 $4,084 $404,400 $145,000 $259,400
2021 $3,649 $347,500 $125,000 $222,500
2020 $3,503 $333,600 $125,000 $208,600
2019 $3,464 $329,900 $125,000 $204,900
2018 $3,443 $327,900 $125,000 $202,900
2017 $3,250 $309,500 $120,000 $189,500
2016 $3,250 $309,500 $120,000 $189,500
2015 $3,227 $307,300 $120,000 $187,300
2014 $3,172 $302,100 $120,000 $182,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

411 Rio Dr, Chesapeake, VA

Not Listed for Sale

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