508 River Gate Rd Chesapeake, VA 23322
Pleasant Grove West NeighborhoodEstimated Value: $656,000 - $707,000
4
Beds
3
Baths
2,900
Sq Ft
$237/Sq Ft
Est. Value
About This Home
This home is located at 508 River Gate Rd, Chesapeake, VA 23322 and is currently estimated at $686,305, approximately $236 per square foot. 508 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
Aug 10, 2015
Sold by
Neva Bryan J
Bought by
Varvel Timothy 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
$393,660
Outstanding Balance
$310,032
Interest Rate
4.07%
Mortgage Type
VA
Estimated Equity
$376,273
Purchase Details
Closed on
Jan 29, 2002
Sold by
Daugherty Anthony B
Bought by
Neva Bryan J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,320
Interest Rate
7.15%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Varvel Timothy S | $432,000 | None Available | |
| Neva Bryan J | $268,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Varvel Timothy S | $393,660 | |
| Previous Owner | Neva Bryan J | $214,320 |
Source: Public Records
Tax History Compared to Growth
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 | $5,957 | $623,800 | $185,000 | $438,800 |
| 2024 | $5,957 | $589,800 | $185,000 | $404,800 |
| 2023 | $5,330 | $572,500 | $180,000 | $392,500 |
| 2022 | $5,313 | $526,000 | $155,000 | $371,000 |
| 2021 | $4,913 | $467,900 | $150,000 | $317,900 |
| 2020 | $4,600 | $438,100 | $140,000 | $298,100 |
| 2019 | $4,538 | $432,200 | $140,000 | $292,200 |
| 2018 | $4,538 | $415,000 | $140,000 | $275,000 |
| 2017 | $4,358 | $415,000 | $140,000 | $275,000 |
| 2016 | $4,373 | $416,500 | $130,000 | $286,500 |
| 2015 | $3,934 | $374,700 | $120,000 | $254,700 |
| 2014 | $3,847 | $366,400 | $120,000 | $246,400 |
Source: Public Records
Map
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