NOT LISTED FOR SALE

470 Abelia Way Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $384,000 - $419,000

3 Beds
3 Baths
2,000 Sq Ft
$201/Sq Ft Est. Value

About This Home

This home is located at 470 Abelia Way, Chesapeake, VA 23322 and is currently estimated at $402,466, approximately $201 per square foot. 470 Abelia Way 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
Oct 19, 2023
Sold by
Um Kenneth K and Um Kani Kyungae
Bought by
Lee Eric C and Gold Emily
Current Estimated Value
$402,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$305,934
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$96,532

Purchase Details

Closed on
Jul 18, 2017
Sold by
Madanat Daniel A and Madanat Sharon E
Bought by
Um Kenneth K and Um Kani Kyungae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,439
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
May 12, 2014
Sold by
Bribra Cahoon Inc
Bought by
Madanat Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,793
Interest Rate
4.26%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
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

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First American

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Quantarium

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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
Lee Eric C $390,000 Rocket Title
Lee Eric C $390,000 Rocket Title
Um Kenneth K $299,990 Liberty Title & Escrow Co
Madanat Daniel A $292,505 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Eric C $312,000
Closed Lee Eric C $312,000
Previous Owner Um Kenneth K $306,439
Previous Owner Madanat Daniel A $298,793
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 $3,634 $374,000 $120,000 $254,000
2024 $3,634 $359,800 $115,000 $244,800
2023 $3,407 $348,500 $105,000 $243,500
2022 $3,499 $346,400 $90,000 $256,400
2021 $3,110 $296,200 $70,000 $226,200
2020 $3,115 $296,700 $70,000 $226,700
2019 $3,019 $287,500 $65,000 $222,500
2018 $3,018 $287,500 $65,000 $222,500
2017 $2,874 $273,700 $60,000 $213,700
2016 $2,874 $273,700 $60,000 $213,700
2015 $2,833 $269,800 $60,000 $209,800
2014 $2,395 $228,100 $50,000 $178,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

470 Abelia Way, Chesapeake, VA

Not Listed for Sale

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