518 Schaefer Ave Chesapeake, VA 23321
Western Branch NeighborhoodEstimated Value: $517,946
4
Beds
3
Baths
2,637
Sq Ft
$196/Sq Ft
Est. Value
About This Home
This home is located at 518 Schaefer Ave, Chesapeake, VA 23321 and is currently priced at $517,946, approximately $196 per square foot. 518 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
Jan 8, 2018
Sold by
Nvr Inc A Virginia Corporation
Bought by
Ricciarelli Aaron and Ricciarelli Ariene
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
$383,369
Outstanding Balance
$323,187
Interest Rate
3.9%
Mortgage Type
VA
Purchase Details
Closed on
Aug 31, 2017
Sold by
Whitley Manor Llc A Virginia Limited Lia
Bought by
Nvr Inc A Virginia Corporation
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ricciarelli Aaron | $371,122 | 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 | Ricciarelli Aaron | $383,369 |
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 | $2,077 | $498,200 | $130,000 | $368,200 |
| 2024 | $2,077 | $481,700 | $130,000 | $351,700 |
| 2023 | $2,077 | $449,700 | $130,000 | $319,700 |
| 2022 | $4,154 | $411,300 | $120,000 | $291,300 |
| 2021 | $3,977 | $378,800 | $120,000 | $258,800 |
| 2020 | $3,806 | $362,500 | $110,000 | $252,500 |
| 2019 | $3,806 | $362,500 | $110,000 | $252,500 |
| 2018 | $3,909 | $110,000 | $110,000 | $0 |
| 2017 | $1,155 | $110,000 | $110,000 | $0 |
Source: Public Records
Map
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