NOT LISTED FOR SALE

505 River Gate Rd Chesapeake, VA 23322

Pleasant Grove West Neighborhood

Estimated Value: $592,043 - $643,000

3 Beds
4 Baths
2,516 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 505 River Gate Rd, Chesapeake, VA 23322 and is currently estimated at $615,761, approximately $244 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
$615,761

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
$159,786

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
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 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
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

Virginia Chesapeake County Chesapeake 23322 Pleasant Grove West

505 River Gate Rd, Chesapeake, VA

Not Listed for Sale

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