NOT LISTED FOR SALE

525 Fairfield Dr Chesapeake, VA 23322

Albemarle Acres West Neighborhood

Estimated Value: $398,000 - $443,000

4 Beds
2 Baths
1,724 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 525 Fairfield Dr, Chesapeake, VA 23322 and is currently estimated at $426,723, approximately $247 per square foot. 525 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
Nov 3, 2020
Sold by
Sorey Richard Lee
Bought by
Macias Martha and Sorey Richard L
Current Estimated Value
$426,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,946
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2002
Sold by
Beach George William
Bought by
Bearden Kenneth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,617
Interest Rate
6.09%
Mortgage Type
FHA
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
Macias Martha $279,000 Amrock Inc
Bearden Kenneth S $169,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macias Martha $280,500
Closed Macias Martha $273,946
Previous Owner Sorey Richard L $210,789
Previous Owner Sorey R Lee $188,000
Previous Owner Bearden Kenneth S $168,617
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 $3,852 $398,500 $185,000 $213,500
2024 $3,852 $381,400 $185,000 $196,400
2023 $3,338 $361,200 $175,000 $186,200
2022 $3,287 $325,400 $150,000 $175,400
2021 $3,132 $298,300 $130,000 $168,300
2020 $3,002 $285,900 $115,000 $170,900
2019 $3,002 $285,900 $115,000 $170,900
2018 $2,858 $272,200 $105,000 $167,200
2017 $2,658 $253,100 $105,000 $148,100
2016 $2,658 $253,100 $105,000 $148,100
2015 $2,605 $248,100 $100,000 $148,100
2014 $2,553 $243,100 $95,000 $148,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Albemarle Acres West

525 Fairfield Dr, Chesapeake, VA

This home is located at 525 Fairfield Dr, Chesapeake, VA 23322 and is currently estimated at $426,723, approximately $247 per square foot. 525 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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