NOT LISTED FOR SALE

5001 Cape May Loop Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $575,114

4 Beds
2 Baths
2,760 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 5001 Cape May Loop, Chesapeake, VA 23321 and is currently estimated at $575,114, approximately $208 per square foot. 5001 Cape May Loop 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
Feb 26, 2021
Sold by
Wirth Holdings Llc
Bought by
Wiggins Melvin L and Wiggins Audrey E
Current Estimated Value
$575,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Outstanding Balance
$357,854
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$217,260

Purchase Details

Closed on
Jul 24, 2020
Sold by
Jolliff Landing Llc
Bought by
Wirth Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,400
Interest Rate
3.1%
Mortgage Type
Construction
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

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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
Wiggins Melvin L $439,200 Advance Title & Abstract Inc
Wirth Holdings Llc $85,000 Advance Title & Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiggins Melvin L $399,200
Previous Owner Wirth Holdings Llc $362,400
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 $1,122 $560,700 $155,000 $405,700
2024 $1,122 $534,500 $150,000 $384,500
2023 $1,122 $484,600 $140,000 $344,600
2022 $4,488 $444,400 $130,000 $314,400
2021 $4,421 $421,000 $130,000 $291,000
2020 $0 $120,000 $120,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

5001 Cape May Loop, Chesapeake, VA

This home is located at 5001 Cape May Loop, Chesapeake, VA 23321 and is currently estimated at $575,114, approximately $208 per square foot. 5001 Cape May Loop 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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