NOT LISTED FOR SALE

Estimated Value: $601,104 - $661,000

4 Beds
3 Baths
2,600 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 425 Fall Ridge Ln, Chesapeake, VA 23322 and is currently estimated at $621,526, approximately $239 per square foot. 425 Fall Ridge Ln 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
Nov 15, 2021
Sold by
Carneal Shane Edward and Carneal Lisa Ann
Bought by
Starnes Michael B and Starnes Elaina
Current Estimated Value
$621,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Outstanding Balance
$479,613
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$139,081

Purchase Details

Closed on
Dec 13, 2016
Sold by
Schuler Karen L
Bought by
Carneal Shane Edward and Carneal Lisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,023
Interest Rate
3.57%
Mortgage Type
VA

Purchase Details

Closed on
Jul 7, 2006
Sold by
Gumke Randall A
Bought by
Schuler Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,920
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2003
Sold by
Pa Builders Inc
Bought by
Gumke Randall A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,829
Interest Rate
5.86%
Mortgage Type
FHA
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

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
Starnes Michael B $500,000 Attorney
Carneal Shane Edward $335,000 Attorney
Schuler Karen L $429,900 --
Gumke Randall A $234,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starnes Michael B $518,000
Previous Owner Carneal Shane Edward $323,023
Previous Owner Schuler Steven E $316,282
Previous Owner Schuler Karen L $343,920
Previous Owner Gumke Randall A $210,829
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 $5,490 $543,600 $185,000 $358,600
2023 $4,815 $535,100 $175,000 $360,100
2022 $4,928 $487,900 $150,000 $337,900
2021 $3,998 $380,800 $140,000 $240,800
2020 $3,877 $369,200 $130,000 $239,200
2019 $3,877 $369,200 $130,000 $239,200
2018 $3,818 $363,600 $130,000 $233,600
2017 $3,818 $363,600 $130,000 $233,600
2016 $3,818 $363,600 $130,000 $233,600
2015 $3,726 $354,900 $130,000 $224,900
2014 $3,603 $343,100 $130,000 $213,100
Source: Public Records

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