505 River Gate Rd Chesapeake, VA 23322
Pleasant Grove West NeighborhoodEstimated Value: $598,260 - $705,000
3
Beds
4
Baths
2,516
Sq Ft
$255/Sq Ft
Est. Value
About This Home
This home is located at 505 River Gate Rd, Chesapeake, VA 23322 and is currently estimated at $642,815, approximately $255 per square foot. 505 River Gate Rd is a home located in Chesapeake City with nearby schools including Southeastern Elementary School, Hickory Middle School, and Hickory High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2023
Sold by
Oreilly Lisa S and Oreilly Sean P
Bought by
Oreilly Lisa S
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
$470,000
Outstanding Balance
$455,975
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$186,840
Purchase Details
Closed on
Nov 21, 2018
Sold by
Phelps David Daniel
Bought by
O'Reilly Sean P and O'Reilly Lisa S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,000
Interest Rate
4.8%
Mortgage Type
VA
Purchase Details
Closed on
Sep 18, 2006
Sold by
Palmer Floyd E
Bought by
Phelps David D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 2000
Sold by
Carvana Homes Inc
Bought by
Palmer Floyd E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.83%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oreilly Lisa S | -- | Priority Title | |
| Oreilly Lisa S | -- | Priority Title | |
| O'Reilly Sean P | $419,000 | Title Quest | |
| Phelps David D | $440,000 | -- | |
| Palmer Floyd E | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oreilly Lisa S | $470,000 | |
| Closed | Oreilly Lisa S | $470,000 | |
| Previous Owner | O'Reilly Sean P | $419,000 | |
| Previous Owner | Phelps David D | $315,000 | |
| Previous Owner | Palmer Floyd E | $166,500 |
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 | $5,182 | $544,200 | $185,000 | $359,200 |
| 2024 | $5,182 | $513,100 | $185,000 | $328,100 |
| 2023 | $4,177 | $496,500 | $180,000 | $316,500 |
| 2022 | $0 | $473,200 | $155,000 | $318,200 |
| 2020 | $2,916 | $401,700 | $140,000 | $261,700 |
| 2019 | $2,916 | $392,400 | $140,000 | $252,400 |
| 2018 | $3,888 | $370,300 | $140,000 | $230,300 |
| 2017 | $3,917 | $373,000 | $140,000 | $233,000 |
| 2016 | $3,913 | $372,700 | $130,000 | $242,700 |
| 2015 | $3,605 | $343,300 | $120,000 | $223,300 |
| 2014 | $3,528 | $336,000 | $120,000 | $216,000 |
Source: Public Records
Map
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