NOT LISTED FOR SALE

516 Schaefer Ave Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $533,000 - $577,000

4 Beds
3 Baths
2,797 Sq Ft
$198/Sq Ft Est. Value

About This Home

This home is located at 516 Schaefer Ave, Chesapeake, VA 23321 and is currently estimated at $554,442, approximately $198 per square foot. 516 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
Sep 20, 2018
Sold by
Nvr Inc
Bought by
Floyd Demetrius and Floyd Yaminah
Current Estimated Value
$554,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,225
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 20, 2018
Sold by
Whitley Manor Llc A Virginia Limited Lia
Bought by
Nvr Inc A Virginia Corporation
Source: Public Records

Range of Values:

Collateral Analytics

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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
Floyd Demetrius $367,225 Stewart Title Guaranty Co
Nvr Inc A Virginia Corporation $115,000 Nvr Settlement Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floyd Demetrius $440,000
Closed Floyd Demetrius $367,000
Closed Floyd Demetrius $367,225
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
2024 $5,111 $506,000 $130,000 $376,000
2023 $4,404 $473,800 $130,000 $343,800
2022 $4,334 $429,100 $120,000 $309,100
2021 $4,163 $396,500 $120,000 $276,500
2020 $3,977 $378,800 $110,000 $268,800
2019 $3,892 $362,600 $110,000 $252,600
2018 $1,155 $0 $0 $0
2017 $1,155 $110,000 $110,000 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

516 Schaefer Ave, Chesapeake, VA

This home is located at 516 Schaefer Ave, Chesapeake, VA 23321 and is currently estimated at $554,442, approximately $198 per square foot. 516 Schaefer Ave is a home located in Chesapeake City with nearby schools including Southwestern Elementary School, Jolliff Middle School, and Western Branch High School.

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