NOT LISTED FOR SALE

505 E Lake Cir Unit 505 Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $229,000 - $289,977

3 Beds
2 Baths
1,570 Sq Ft
$167/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 $262,494, approximately $167 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
$262,494

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
$74,485
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$193,465

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%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
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 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
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

Virginia Chesapeake County Chesapeake 23322 Great Bridge

505 E Lake Cir Unit 505, Chesapeake, VA

This home is located at 505 E Lake Cir Unit 505, Chesapeake, VA 23322 and is currently estimated at $262,494, approximately $167 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.

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