NOT LISTED FOR SALE

505 Belem Dr Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $587,591 - $610,000

4 Beds
3 Baths
2,568 Sq Ft
$233/Sq Ft Est. Value

About This Home

This home is located at 505 Belem Dr, Chesapeake, VA 23322 and is currently estimated at $598,898, approximately $233 per square foot. 505 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
Dec 29, 2020
Sold by
Weatherly Cary Scott and Weatherly Anita Leonard
Bought by
Strother Timothy J and Tarrant Jill Noel
Current Estimated Value
$598,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Outstanding Balance
$333,738
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$265,160
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Strother Timothy J $440,000 Advance Title & Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strother Timothy J $374,000
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 $5,366 $553,400 $205,000 $348,400
2024 $5,366 $531,300 $185,000 $346,300
2023 $4,624 $513,700 $165,000 $348,700
2022 $4,544 $449,900 $145,000 $304,900
2021 $4,220 $401,900 $125,000 $276,900
2020 $3,862 $367,800 $125,000 $242,800
2019 $3,814 $363,200 $125,000 $238,200
2018 $3,814 $363,200 $125,000 $238,200
2017 $3,697 $352,100 $125,000 $227,100
2016 $3,697 $352,100 $125,000 $227,100
2015 $3,697 $352,100 $125,000 $227,100
2014 $3,584 $341,300 $125,000 $216,300
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

505 Belem Dr, Chesapeake, VA

Not Listed for Sale

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