NOT LISTED FOR SALE

4501 Lear Close Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $761,000 - $837,000

5 Beds
4 Baths
4,552 Sq Ft
$173/Sq Ft Est. Value

About This Home

This home is located at 4501 Lear Close, Chesapeake, VA 23321 and is currently estimated at $785,779, approximately $172 per square foot. 4501 Lear Close is a home located in Chesapeake City with nearby schools including Western Branch Primary School, Western Branch Intermediate School, and Western Branch Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Smith David A and Smith Patricia H
Bought by
Reynolds Michiah A and Reynolds Tamara I
Current Estimated Value
$785,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,560
Outstanding Balance
$690,019
Interest Rate
4.16%
Mortgage Type
VA
Estimated Equity
$95,760

Purchase Details

Closed on
May 8, 2017
Sold by
Federal National Mortgage Association
Bought by
Smith David A and Smith Patricia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Mar 10, 2016
Sold by
Commonwealth Trustees Llc Substitute Tru
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 29, 2000
Sold by
Cohen Homes L L C
Bought by
Brindley Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
7.76%
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
Reynolds Michiah A $720,000 Fidelity National Title
Smith David A $475,000 Navy Federal Title Svcs Llc
Federal National Mortgage Association $378,517 None Available
Brindley Douglas R $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Michiah A $736,560
Previous Owner Smith David A $450,000
Previous Owner Brindley Douglas R $333,750
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 $7,319 $740,900 $165,000 $575,900
2024 $7,319 $724,700 $165,000 $559,700
2023 $6,628 $716,400 $155,000 $561,400
2022 $6,834 $676,600 $150,000 $526,600
2021 $5,609 $534,200 $125,000 $409,200
2020 $5,556 $529,100 $120,000 $409,100
2019 $5,325 $507,100 $120,000 $387,100
2018 $5,299 $503,000 $115,000 $388,000
2017 $5,282 $503,000 $115,000 $388,000
2016 $5,496 $523,400 $115,000 $408,400
2015 $5,496 $523,400 $115,000 $408,400
2014 $5,185 $493,800 $115,000 $378,800
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

4501 Lear Close, Chesapeake, VA

This home is located at 4501 Lear Close, Chesapeake, VA 23321 and is currently estimated at $785,779, approximately $172 per square foot. 4501 Lear Close is a home located in Chesapeake City with nearby schools including Western Branch Primary School, Western Branch Intermediate School, and Western Branch Middle School.

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