NOT LISTED FOR SALE

500 Oak Lake Terrace Chesapeake, VA 23320

Greenbrier West Neighborhood

Estimated Value: $342,000 - $353,000

3 Beds
2 Baths
1,466 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 500 Oak Lake Terrace, Chesapeake, VA 23320 and is currently estimated at $348,881, approximately $237 per square foot. 500 Oak Lake Terrace is a home located in Chesapeake City with nearby schools including B.M. Williams Primary School, Crestwood Intermediate School, and Greenbrier Middle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2023
Sold by
Nance Terence
Bought by
Shafer Reid and Shafer Brianna
Current Estimated Value
$348,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,746
Outstanding Balance
$307,207
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$41,674

Purchase Details

Closed on
Dec 11, 2019
Sold by
Samuel I White Pc
Bought by
Paramount Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
3.7%
Mortgage Type
New Conventional
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

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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
Shafer Reid $320,000 Fidelity National Title
Paramount Investments Llc $169,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Reid $320,746
Previous Owner Nance Terence $25,603
Previous Owner Paramount Investments Llc $135,200
Previous Owner Gaines Carl Percell $185,940
Previous Owner Gaines Carl Percell $192,000
Previous Owner Gaines Carl Percell $48,000
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 $3,090 $313,800 $115,000 $198,800
2024 $3,090 $305,900 $110,000 $195,900
2023 $2,443 $267,800 $90,000 $177,800
2022 $2,358 $233,500 $75,000 $158,500
2021 $2,349 $223,700 $70,000 $153,700
2020 $2,270 $216,200 $55,000 $161,200
2019 $2,129 $202,800 $55,000 $147,800
2018 $2,129 $202,800 $55,000 $147,800
2017 $2,127 $202,600 $55,000 $147,600
2016 $2,191 $208,700 $55,000 $153,700
2015 $2,191 $208,700 $55,000 $153,700
2014 $2,191 $208,700 $55,000 $153,700
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23320 Greenbrier West

500 Oak Lake Terrace, Chesapeake, VA

This home is located at 500 Oak Lake Terrace, Chesapeake, VA 23320 and is currently estimated at $348,881, approximately $237 per square foot. 500 Oak Lake Terrace is a home located in Chesapeake City with nearby schools including B.M. Williams Primary School, Crestwood Intermediate School, and Greenbrier Middle.

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