NOT LISTED FOR SALE

524 Belem Dr Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $506,000 - $561,000

3 Beds
2 Baths
2,286 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 524 Belem Dr, Chesapeake, VA 23322 and is currently estimated at $530,729, approximately $232 per square foot. 524 Belem Dr is a home located in Chesapeake City with nearby schools including Cedar Road Elementary School, Great Bridge Middle School, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2016
Sold by
Lester Christopher and Fawn Charity
Bought by
Millar Nicholas B and Millar Ashley M
Current Estimated Value
$530,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,300
Outstanding Balance
$233,901
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$296,828

Purchase Details

Closed on
Aug 19, 2010
Sold by
Fravel Mark
Bought by
Carter Howell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
4.51%
Mortgage Type
New Conventional
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

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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
Millar Nicholas B $327,000 Attorney
Carter Howell $268,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millar Nicholas B $294,300
Previous Owner Carter Howell $254,600
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 $4,545 $471,500 $205,000 $266,500
2024 $4,545 $450,000 $185,000 $265,000
2023 $3,888 $431,200 $165,000 $266,200
2022 $3,828 $379,000 $145,000 $234,000
2021 $3,541 $337,200 $125,000 $212,200
2020 $3,411 $324,900 $125,000 $199,900
2019 $3,373 $321,200 $125,000 $196,200
2018 $3,372 $321,200 $125,000 $196,200
2017 $3,262 $310,700 $125,000 $185,700
2016 $3,255 $310,000 $125,000 $185,000
2015 $3,255 $310,000 $125,000 $185,000
2014 $3,163 $301,200 $125,000 $176,200
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

524 Belem Dr, Chesapeake, VA

Not Listed for Sale

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