NOT LISTED FOR SALE

508 Schaefer Ave Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $482,070 - $530,000

4 Beds
3 Baths
2,386 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 508 Schaefer Ave, Chesapeake, VA 23321 and is currently estimated at $510,018, approximately $213 per square foot. 508 Schaefer Ave is a home located in Chesapeake City with nearby schools including Southwestern Elementary School, Jolliff Middle School, and Western Branch High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Humphries Rickey and Humphries Day Nicole
Bought by
Spears Cameron Romelle and Spears Armone Mahogany
Current Estimated Value
$510,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,005
Outstanding Balance
$494,975
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$15,043

Purchase Details

Closed on
Jul 26, 2018
Sold by
Nvr Inc
Bought by
Humphries Rickey and Humphries Day Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,933
Interest Rate
4.6%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Spears Cameron Romelle $485,000 Stewart Title
Spears Cameron Romelle $485,000 Stewart Title
Humphries Rickey $373,895 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spears Cameron Romelle $501,005
Closed Spears Cameron Romelle $501,005
Previous Owner Humphries Rickey $381,933
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 $4,616 $475,900 $130,000 $345,900
2024 $4,616 $457,000 $130,000 $327,000
2023 $4,312 $426,900 $130,000 $296,900
2022 $3,945 $390,600 $120,000 $270,600
2021 $3,784 $360,400 $120,000 $240,400
2020 $3,623 $345,000 $110,000 $235,000
2019 $3,623 $345,000 $110,000 $235,000
2018 $2,937 $110,000 $110,000 $0
2017 $1,155 $110,000 $110,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

508 Schaefer Ave, Chesapeake, VA

Not Listed for Sale

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