NOT LISTED FOR SALE

506 Eldridge Ln Chesapeake, VA 23323

Great Bridge Neighborhood

Estimated Value: $491,767

3 Beds
3 Baths
2,234 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 506 Eldridge Ln, Chesapeake, VA 23323 and is currently estimated at $491,767, approximately $220 per square foot. 506 Eldridge Ln is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Great Bridge Middle School, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2022
Sold by
Nvr Inc
Bought by
Reeves James Edward and Reeves Curnell A
Current Estimated Value
$491,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,671
Outstanding Balance
$414,309
Interest Rate
6.7%
Estimated Equity
$77,458
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Reeves James Edward $436,580 Stewart Title
Reeves James Edward $436,580 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves James Edward $428,671
Closed Reeves James Edward $428,671
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 -- $431,200 $120,000 $311,200
2024 -- $401,800 $115,000 $286,800
2023 -- $410,400 $110,000 $300,400
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

506 Eldridge Ln, Chesapeake, VA

This home is located at 506 Eldridge Ln, Chesapeake, VA 23323 and is currently estimated at $491,767, approximately $220 per square foot. 506 Eldridge Ln is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Great Bridge Middle School, and Grassfield High School.

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