505 Downing Dr Chesapeake, VA 23322
Pleasant Grove West NeighborhoodEstimated Value: $597,000 - $638,000
4
Beds
3
Baths
2,856
Sq Ft
$215/Sq Ft
Est. Value
About This Home
This home is located at 505 Downing Dr, Chesapeake, VA 23322 and is currently estimated at $614,140, approximately $215 per square foot. 505 Downing Dr is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 29, 2020
Sold by
Mccroskey Ronald E and Mccroskey Kathryn
Bought by
Hyde Jeffrey Mark and Harrison Melissa Annette
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
$422,000
Outstanding Balance
$375,035
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$239,105
Purchase Details
Closed on
Jul 3, 2017
Sold by
Workman John W and Workman Michelle R
Bought by
Mccroskey Ronald E and Mccroskey Kathryn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,715
Interest Rate
3.95%
Mortgage Type
VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hyde Jeffrey Mark | $422,000 | Ture North Title | |
| Mccroskey Ronald E | $355,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hyde Jeffrey Mark | $422,000 | |
| Previous Owner | Mccroskey Ronald E | $366,715 |
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 | $5,628 | $573,400 | $185,000 | $388,400 |
| 2024 | $5,628 | $557,200 | $185,000 | $372,200 |
| 2023 | $4,745 | $521,800 | $175,000 | $346,800 |
| 2022 | $4,719 | $467,200 | $150,000 | $317,200 |
| 2021 | $4,271 | $406,800 | $140,000 | $266,800 |
| 2020 | $3,954 | $376,600 | $130,000 | $246,600 |
| 2019 | $3,796 | $361,500 | $130,000 | $231,500 |
| 2018 | $3,650 | $325,200 | $130,000 | $195,200 |
| 2017 | $2,587 | $325,200 | $130,000 | $195,200 |
| 2016 | $3,310 | $315,200 | $120,000 | $195,200 |
| 2015 | $3,205 | $305,200 | $110,000 | $195,200 |
| 2014 | $3,147 | $299,700 | $110,000 | $189,700 |
Source: Public Records
Map
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