NOT LISTED FOR SALE

509 Fairfield Dr Chesapeake, VA 23322

Albemarle Acres West Neighborhood

Estimated Value: $429,000 - $513,768

3 Beds
2 Baths
1,979 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 509 Fairfield Dr, Chesapeake, VA 23322 and is currently estimated at $478,442, approximately $241 per square foot. 509 Fairfield Dr is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Larese Nelson E
Bought by
Nelson E Larese Revocable Trust and Sharon M Larese Revocable Trust
Current Estimated Value
$478,442

Purchase Details

Closed on
Jul 26, 2021
Sold by
Larese Nelson E and Larese Sharon M
Bought by
Larese Nelson E and Larese Sharon M

Purchase Details

Closed on
Oct 25, 2000
Sold by
Gilpin Darrell S
Bought by
Larese Nelson L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,462
Interest Rate
7.83%

Purchase Details

Closed on
Dec 3, 1998
Sold by
Fulcher Thomas J
Bought by
Gilpin Darrell S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,540
Interest Rate
6.67%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Nelson E Larese Revocable Trust -- None Listed On Document
Larese Nelson E -- None Available
Larese Nelson L $130,000 --
Gilpin Darrell S $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larese Nelson L $100,000
Previous Owner Larese Nelson L $70,000
Previous Owner Larese Nelson L $118,462
Previous Owner Gilpin Darrell S $121,540
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 $4,479 $464,100 $185,000 $279,100
2024 $4,479 $443,500 $185,000 $258,500
2023 $4,269 $422,700 $175,000 $247,700
2022 $3,873 $383,500 $150,000 $233,500
2021 $3,759 $358,000 $130,000 $228,000
2020 $3,602 $343,000 $115,000 $228,000
2019 $3,602 $343,000 $115,000 $228,000
2018 $3,427 $299,600 $105,000 $194,600
2017 $3,146 $299,600 $105,000 $194,600
2016 $3,146 $299,600 $105,000 $194,600
2015 $3,093 $294,600 $100,000 $194,600
2014 $3,041 $289,600 $95,000 $194,600
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Albemarle Acres West

509 Fairfield Dr, Chesapeake, VA

This home is located at 509 Fairfield Dr, Chesapeake, VA 23322 and is currently estimated at $478,442, approximately $241 per square foot. 509 Fairfield Dr is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.

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