504 Belem Dr Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $558,981 - $606,000
4
Beds
3
Baths
2,545
Sq Ft
$225/Sq Ft
Est. Value
About This Home
This home is located at 504 Belem Dr, Chesapeake, VA 23322 and is currently estimated at $573,245, approximately $225 per square foot. 504 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 13, 2016
Sold by
Krafft Partick R
Bought by
Vaughn Michael W and Vaughn Sarah
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
$331,987
Outstanding Balance
$264,311
Interest Rate
3.58%
Mortgage Type
VA
Estimated Equity
$308,934
Purchase Details
Closed on
Jun 1, 2005
Sold by
Krafft Patrick R
Bought by
Krafft Patrick R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vaughn Michael W | $325,000 | Attorney | |
| Krafft Patrick R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vaughn Michael W | $331,987 |
Source: Public Records
Tax History Compared to Growth
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 | $4,969 | $514,400 | $205,000 | $309,400 |
| 2024 | $4,969 | $492,000 | $185,000 | $307,000 |
| 2023 | $4,261 | $473,400 | $165,000 | $308,400 |
| 2022 | $4,197 | $415,500 | $145,000 | $270,500 |
| 2021 | $3,871 | $368,700 | $125,000 | $243,700 |
| 2020 | $3,763 | $358,400 | $125,000 | $233,400 |
| 2019 | $3,717 | $354,000 | $125,000 | $229,000 |
| 2018 | $3,717 | $354,000 | $125,000 | $229,000 |
| 2017 | $3,520 | $335,200 | $125,000 | $210,200 |
| 2016 | $3,520 | $335,200 | $125,000 | $210,200 |
| 2015 | $3,520 | $335,200 | $125,000 | $210,200 |
| 2014 | $3,415 | $325,200 | $125,000 | $200,200 |
Source: Public Records
Map
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