NOT LISTED FOR SALE

501 Belem Dr Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $602,000 - $610,000

4 Beds
2 Baths
2,700 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 501 Belem Dr, Chesapeake, VA 23322 and is currently estimated at $606,438, approximately $224 per square foot. 501 Belem Dr 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
Jun 24, 2022
Sold by
Smalley Robert R and Higgins Joan
Bought by
Dearden Brandon and Dearden Samantha
Current Estimated Value
$602,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,367
Outstanding Balance
$477,335
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$118,372
Source: Public Records

Range of Values:

Collateral Analytics

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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
Dearden Brandon $545,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dearden Brandon $497,367
Previous Owner Smalley Robert R $145,000
Previous Owner Smalley Joan H $300,000
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
2024 $5,114 $506,300 $185,000 $321,300
2023 $4,369 $487,500 $165,000 $322,500
2022 $4,293 $425,000 $145,000 $280,000
2021 $3,969 $378,000 $125,000 $253,000
2020 $3,810 $362,900 $125,000 $237,900
2019 $3,764 $358,500 $125,000 $233,500
2018 $3,745 $356,700 $125,000 $231,700
2017 $3,624 $345,100 $125,000 $220,100
2016 $3,624 $345,100 $125,000 $220,100
2015 $3,624 $345,100 $125,000 $220,100
2014 $3,516 $334,900 $125,000 $209,900
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

501 Belem Dr, Chesapeake, VA

This home is located at 501 Belem Dr, Chesapeake, VA 23322 and is currently estimated at $606,438, approximately $224 per square foot. 501 Belem Dr is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Great Bridge Middle School, and Grassfield High School.

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