505 E Lake Cir Unit 505 Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $249,000 - $307,000
3
Beds
2
Baths
1,570
Sq Ft
$181/Sq Ft
Est. Value
About This Home
This home is located at 505 E Lake Cir Unit 505, Chesapeake, VA 23322 and is currently estimated at $283,920, approximately $180 per square foot. 505 E Lake Cir Unit 505 is a home located in Chesapeake City with nearby schools including Great Bridge Primary School, Great Bridge Intermediate School, and Great Bridge Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 16, 2015
Sold by
Wiedmaier Kelliann
Bought by
Phelps Gary B
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
$93,750
Outstanding Balance
$73,482
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$210,438
Purchase Details
Closed on
Mar 11, 2005
Sold by
Bryan William R
Bought by
Mirra Kelliam
Purchase Details
Closed on
Nov 17, 1999
Sold by
Clayton Charles W
Bought by
Bryan William R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
7.76%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phelps Gary B | $125,000 | -- | |
| Mirra Kelliam | $160,000 | -- | |
| Bryan William R | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phelps Gary B | $93,750 | |
| Previous Owner | Bryan William R | $75,200 |
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 | $2,355 | $265,400 | $95,000 | $170,400 |
| 2024 | $2,355 | $233,200 | $85,000 | $148,200 |
| 2023 | $2,061 | $220,500 | $75,000 | $145,500 |
| 2022 | $2,079 | $205,800 | $60,000 | $145,800 |
| 2021 | $1,862 | $177,300 | $45,000 | $132,300 |
| 2020 | $1,777 | $169,200 | $40,000 | $129,200 |
| 2019 | $1,724 | $164,200 | $35,000 | $129,200 |
| 2018 | $1,698 | $151,800 | $35,000 | $116,800 |
| 2017 | $1,594 | $151,800 | $35,000 | $116,800 |
| 2016 | $1,570 | $149,500 | $35,000 | $114,500 |
| 2015 | $1,713 | $163,100 | $40,000 | $123,100 |
| 2014 | $1,775 | $169,000 | $40,000 | $129,000 |
Source: Public Records
Map
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