502 Tekoa Rd Chesapeake, VA 23325
Indian River NeighborhoodEstimated Value: $236,000 - $277,000
3
Beds
1
Bath
950
Sq Ft
$267/Sq Ft
Est. Value
About This Home
This home is located at 502 Tekoa Rd, Chesapeake, VA 23325 and is currently estimated at $253,783, approximately $267 per square foot. 502 Tekoa Rd is a home located in Chesapeake City with nearby schools including Georgetown Primary School, Sparrow Road Intermediate School, and Indian River Middle.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 17, 2021
Sold by
Faircloth Andrew C
Bought by
Lopez Freddy Ortiz
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 5, 2010
Sold by
Winters Michael H
Bought by
Faircloth Andrew C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,405
Interest Rate
4.5%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez Freddy Ortiz | $150,000 | Stewart Title Company | |
| Lopez Freddy Ortiz | $150,000 | Stewart Title Company | |
| Faircloth Andrew C | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Lopez Freddy Ortiz | $7,000 | |
| Open | Lopez Freddy Ortiz | $147,283 | |
| Closed | Lopez Freddy Ortiz | $147,283 | |
| Previous Owner | Faircloth Andrew C | $118,405 |
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 | $2,202 | $233,200 | $100,000 | $133,200 |
| 2024 | $2,202 | $218,000 | $90,000 | $128,000 |
| 2023 | $1,743 | $199,300 | $80,000 | $119,300 |
| 2022 | $1,722 | $170,500 | $65,000 | $105,500 |
| 2021 | $1,514 | $144,200 | $55,000 | $89,200 |
| 2020 | $1,365 | $130,000 | $55,000 | $75,000 |
| 2019 | $1,332 | $126,900 | $55,000 | $71,900 |
| 2018 | $1,349 | $120,600 | $50,000 | $70,600 |
| 2017 | $1,304 | $124,200 | $50,000 | $74,200 |
| 2016 | $1,281 | $122,000 | $50,000 | $72,000 |
| 2015 | $1,266 | $120,600 | $50,000 | $70,600 |
| 2014 | $1,181 | $112,500 | $50,000 | $62,500 |
Source: Public Records
Map
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