NOT LISTED FOR SALE

501 School House Rd Chesapeake, VA 23322

Pleasant Grove East Neighborhood

Estimated Value: $542,000 - $614,000

4 Beds
3 Baths
2,748 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 501 School House Rd, Chesapeake, VA 23322 and is currently estimated at $592,183, approximately $215 per square foot. 501 School House Rd is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2011
Sold by
Secretary Of Veterains Affairs
Bought by
Thompson Karl
Current Estimated Value
$592,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2003
Sold by
Simpson Christopher
Bought by
Kermon David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,200
Interest Rate
5.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2000
Sold by
Mehle Michael F
Bought by
Simpson Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,650
Interest Rate
8.06%
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
Thompson Karl $92,000 --
Kermon David $221,000 --
Simpson Christopher D $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kermon David $175,986
Closed Thompson Karl $65,000
Previous Owner Kermon David $196,200
Previous Owner Simpson Christopher D $171,650
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 $5,195 $530,900 $185,000 $345,900
2024 $5,195 $514,400 $185,000 $329,400
2023 $4,537 $488,000 $175,000 $313,000
2022 $4,478 $443,400 $150,000 $293,400
2021 $4,263 $406,000 $130,000 $276,000
2020 $4,141 $394,400 $115,000 $279,400
2019 $4,141 $394,400 $115,000 $279,400
2018 $3,678 $350,300 $115,000 $235,300
2017 $3,678 $350,300 $115,000 $235,300
2016 $3,678 $350,300 $115,000 $235,300
2015 $3,476 $331,000 $115,000 $216,000
2014 $3,547 $337,800 $115,000 $222,800
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Pleasant Grove East

501 School House Rd, Chesapeake, VA

This home is located at 501 School House Rd, Chesapeake, VA 23322 and is currently estimated at $592,183, approximately $215 per square foot. 501 School House Rd is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.

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