505 Belem Dr Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $581,626 - $616,000
4
Beds
3
Baths
2,568
Sq Ft
$234/Sq Ft
Est. Value
About This Home
This home is located at 505 Belem Dr, Chesapeake, VA 23322 and is currently estimated at $600,907, 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
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
$267,169
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Home Values in the Area
Average Home Value in this Area
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
| 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
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