416 Fairfield Dr Chesapeake, VA 23322
Albemarle Acres West NeighborhoodEstimated Value: $375,000 - $408,000
3
Beds
2
Baths
1,466
Sq Ft
$268/Sq Ft
Est. Value
About This Home
This home is located at 416 Fairfield Dr, Chesapeake, VA 23322 and is currently estimated at $392,441, approximately $267 per square foot. 416 Fairfield Dr is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 22, 2025
Sold by
Edwards Charles A
Bought by
Varvel Timothy S
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
$300,000
Outstanding Balance
$297,831
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$94,610
Purchase Details
Closed on
May 19, 2020
Sold by
Guiseppe Frank Domonic and Guiseppe Sophia F
Bought by
Guiseppe Frank Domonic and Guiseppe Sophia F
Purchase Details
Closed on
Oct 12, 2005
Sold by
Edwards Charles A
Bought by
Edwards Charles A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Varvel Timothy S | $377,000 | Fidelity National Title | |
| Guiseppe Frank Domonic | -- | None Available | |
| Edwards Charles A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Varvel Timothy S | $300,000 |
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 | $3,406 | $373,400 | $185,000 | $188,400 |
| 2024 | $3,406 | $337,200 | $185,000 | $152,200 |
| 2023 | $3,210 | $317,800 | $175,000 | $142,800 |
| 2022 | $2,836 | $280,800 | $150,000 | $130,800 |
| 2021 | $2,658 | $253,100 | $130,000 | $123,100 |
| 2020 | $2,534 | $241,300 | $115,000 | $126,300 |
| 2019 | $2,519 | $238,500 | $115,000 | $123,500 |
| 2018 | $2,358 | $224,600 | $105,000 | $119,600 |
| 2017 | $2,264 | $215,600 | $105,000 | $110,600 |
| 2016 | $2,264 | $215,600 | $105,000 | $110,600 |
| 2015 | $2,211 | $210,600 | $100,000 | $110,600 |
| 2014 | $2,159 | $205,600 | $95,000 | $110,600 |
Source: Public Records
Map
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