411 Rio Dr Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $551,000 - $629,000
4
Beds
3
Baths
2,300
Sq Ft
$262/Sq Ft
Est. Value
About This Home
This home is located at 411 Rio Dr, Chesapeake, VA 23322 and is currently estimated at $601,511, approximately $261 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
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
$358,182
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$243,329
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Home Values in the Area
Average Home Value in this Area
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
| 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
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