NOT LISTED FOR SALE

509 New Zealand Reach Chesapeake, VA 23322

Caroon Farms Neighborhood

Estimated Value: $937,368 - $1,022,000

3 Beds
3 Baths
4,067 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 509 New Zealand Reach, Chesapeake, VA 23322 and is currently estimated at $970,456, approximately $238 per square foot. 509 New Zealand Reach 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
Mar 4, 2015
Sold by
Phillips James W and Phillips Dorothy L
Bought by
Phillips Trustee James W and The Phillips Living Trust
Current Estimated Value
$970,456

Purchase Details

Closed on
Jun 15, 2007
Sold by
Hughes Jeannie G
Bought by
Phillips James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,400
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 1998
Sold by
Deshields Clara M
Bought by
Hughes William D
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

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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

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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
Phillips Trustee James W -- --
Phillips James W $663,000 --
Hughes William D $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips James W $530,400
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 $7,796 $790,000 $250,000 $540,000
2024 $7,796 $771,900 $225,000 $546,900
2023 $6,762 $716,000 $195,000 $521,000
2022 $6,925 $685,600 $180,000 $505,600
2021 $5,967 $568,300 $165,000 $403,300
2020 $5,742 $546,900 $165,000 $381,900
2019 $5,742 $546,900 $165,000 $381,900
2018 $5,653 $538,400 $165,000 $373,400
2017 $5,203 $495,500 $165,000 $330,500
2016 $5,203 $495,500 $165,000 $330,500
2015 $5,135 $489,000 $165,000 $324,000
2014 $5,135 $489,000 $165,000 $324,000
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Caroon Farms

509 New Zealand Reach, Chesapeake, VA

This home is located at 509 New Zealand Reach, Chesapeake, VA 23322 and is currently estimated at $970,456, approximately $238 per square foot. 509 New Zealand Reach is a home located in Chesapeake City with nearby schools including Southeastern Elementary School, Hickory Middle School, and Hickory High School.

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