NOT LISTED FOR SALE

500 New Zealand Reach Chesapeake, VA 23322

Caroon Farms Neighborhood

Estimated Value: $1,166,000 - $1,267,000

5 Beds
4 Baths
4,250 Sq Ft
$286/Sq Ft Est. Value

About This Home

This home is located at 500 New Zealand Reach, Chesapeake, VA 23322 and is currently estimated at $1,214,011, approximately $285 per square foot. 500 New Zealand Reach is a home located in Chesapeake City with nearby schools including Southeastern Elementary School, Hickory Middle School, and Hickory High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Banta David A and Banta Vicky L
Bought by
Wagoner Derrick D and Wagoner Lindsey
Current Estimated Value
$1,214,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Outstanding Balance
$985,906
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$228,105
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

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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
Wagoner Derrick D $1,125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagoner Derrick D $999,000
Previous Owner Banta David A $75,000
Previous Owner Banta David A $475,000
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 $10,652 $1,074,600 $250,000 $824,600
2024 $10,652 $1,054,700 $225,000 $829,700
2023 $7,946 $786,700 $195,000 $591,700
2022 $7,536 $746,100 $180,000 $566,100
2021 $6,532 $622,100 $165,000 $457,100
2020 $6,306 $600,600 $165,000 $435,600
2019 $6,306 $600,600 $165,000 $435,600
2018 $6,305 $600,500 $165,000 $435,500
2017 $5,929 $564,700 $165,000 $399,700
2016 $5,929 $564,700 $165,000 $399,700
2015 $5,852 $557,300 $165,000 $392,300
2014 $5,852 $557,300 $165,000 $392,300
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Caroon Farms

500 New Zealand Reach, Chesapeake, VA

This home is located at 500 New Zealand Reach, Chesapeake, VA 23322 and is currently estimated at $1,214,011, approximately $285 per square foot. 500 New Zealand Reach is a home located in Chesapeake City with nearby schools including Southeastern Elementary School, Hickory Middle School, and Hickory High School.

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