NOT LISTED FOR SALE

508 Adair Ln Chesapeake, VA 23323

Deep Creek Neighborhood

Estimated Value: $276,000 - $319,000

3 Beds
1 Bath
1,278 Sq Ft
$236/Sq Ft Est. Value

About This Home

This home is located at 508 Adair Ln, Chesapeake, VA 23323 and is currently estimated at $301,165, approximately $235 per square foot. 508 Adair Ln is a home located in Chesapeake City with nearby schools including Deep Creek Elementary School, Deep Creek Middle School, and Deep Creek High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Thompson Herbert I
Bought by
Simms William T and Patterson Hannah Elizabeth
Current Estimated Value
$301,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Outstanding Balance
$239,734
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$61,431
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
Simms William T $255,000 Fidelity National Title
Simms William T $255,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simms William T $250,381
Closed Simms William T $250,381
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 $2,532 $263,000 $140,000 $123,000
2024 $2,532 $250,700 $130,000 $120,700
2023 $1,974 $229,500 $120,000 $109,500
2022 $2,227 $220,500 $110,000 $110,500
2021 $1,797 $171,100 $80,000 $91,100
2020 $1,430 $174,300 $80,000 $94,300
2019 $1,176 $179,200 $80,000 $99,200
2018 $1,127 $164,900 $75,000 $89,900
2017 $1,850 $176,200 $80,000 $96,200
2016 $1,731 $164,900 $75,000 $89,900
2015 $1,122 $171,000 $75,000 $96,000
2014 $1,776 $169,100 $75,000 $94,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23323 Deep Creek

508 Adair Ln, Chesapeake, VA

This home is located at 508 Adair Ln, Chesapeake, VA 23323 and is currently estimated at $301,165, approximately $235 per square foot. 508 Adair Ln is a home located in Chesapeake City with nearby schools including Deep Creek Elementary School, Deep Creek Middle School, and Deep Creek High.

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