NOT LISTED FOR SALE

5020 Cape May Loop Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $574,000 - $613,000

5 Beds
4 Baths
2,661 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 5020 Cape May Loop, Chesapeake, VA 23321 and is currently estimated at $595,110, approximately $223 per square foot. 5020 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
May 4, 2021
Sold by
Jolliff Landing Llc
Bought by
Lee Seong J and Lee So H
Current Estimated Value
$595,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,900
Outstanding Balance
$244,597
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$350,513
Source: Public Records

Range of Values:

Collateral Analytics

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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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lee Seong J $489,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Seong J $269,900
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 $5,375 $558,900 $155,000 $403,900
2024 $5,375 $532,200 $150,000 $382,200
2023 $4,969 $527,000 $140,000 $387,000
2022 $5,066 $501,600 $130,000 $371,600
2021 $4,423 $421,200 $130,000 $291,200
2020 $2,692 $120,000 $120,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

5020 Cape May Loop, Chesapeake, VA

This home is located at 5020 Cape May Loop, Chesapeake, VA 23321 and is currently estimated at $595,110, approximately $223 per square foot. 5020 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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