NOT LISTED FOR SALE

5029 Cape May Loop Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $587,000 - $607,000

4 Beds
3 Baths
2,759 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 5029 Cape May Loop, Chesapeake, VA 23321 and is currently estimated at $596,089, approximately $216 per square foot. 5029 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
Jun 6, 2022
Sold by
Wirth Holdings Llc
Bought by
Memering Nicholas A and Memering Ashley
Current Estimated Value
$596,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,300
Outstanding Balance
$447,606
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$148,483

Purchase Details

Closed on
Nov 23, 2021
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
$367,430
Interest Rate
3.05%
Mortgage Type
Construction
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

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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
Memering Nicholas A $533,738 Stewart Title Guaranty Company
Wirth Holdings Llc $85,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Memering Nicholas A $475,300
Previous Owner Wirth Holdings Llc $367,430
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 $5,327 $553,900 $155,000 $398,900
2024 $5,327 $527,400 $150,000 $377,400
2023 $4,070 $523,800 $140,000 $383,800
2022 $4,813 $476,500 $130,000 $346,500
2021 $1,365 $130,000 $130,000 $0
2020 $1,260 $120,000 $120,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

5029 Cape May Loop, Chesapeake, VA

This home is located at 5029 Cape May Loop, Chesapeake, VA 23321 and is currently estimated at $596,089, approximately $216 per square foot. 5029 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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