NOT LISTED FOR SALE

505 Southfield Dr Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $445,000 - $540,903

3 Beds
3 Baths
2,485 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 505 Southfield Dr, Chesapeake, VA 23322 and is currently estimated at $514,476, approximately $207 per square foot. 505 Southfield Dr 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
Sep 28, 2023
Sold by
Higginbotham William J and Higginbotham Elizabeth L
Bought by
Gaborik Carl W and Taborik Susan L
Current Estimated Value
$514,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$157,561
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$367,287

Purchase Details

Closed on
Sep 4, 2013
Sold by
Cruickshank Scott C
Bought by
Higginbotham William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
4.42%
Mortgage Type
New Conventional
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
Gaborik Carl W $499,900 1St Choice Title
Higginbotham William J $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaborik Carl W $160,000
Previous Owner Higginbotham William J $20,000
Previous Owner Higginbotham William J $149,000
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 $4,743 $469,600 $180,000 $289,600
2023 $3,717 $384,800 $170,000 $214,800
2022 $3,773 $373,600 $150,000 $223,600
2021 $3,435 $327,100 $130,000 $197,100
2020 $3,241 $308,700 $120,000 $188,700
2019 $3,205 $305,200 $120,000 $185,200
2018 $3,112 $296,400 $120,000 $176,400
2017 $3,112 $296,400 $120,000 $176,400
2016 $2,955 $281,400 $115,000 $166,400
2015 $2,875 $273,800 $115,000 $158,800
2014 $2,786 $265,300 $115,000 $150,300
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

505 Southfield Dr, Chesapeake, VA

This home is located at 505 Southfield Dr, Chesapeake, VA 23322 and is currently estimated at $514,476, approximately $207 per square foot. 505 Southfield Dr 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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