NOT LISTED FOR SALE

Estimated Value: $479,796 - $495,000

3 Beds
3 Baths
2,126 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 530 Simpson Ln, Chesapeake, VA 23323 and is currently estimated at $486,199, approximately $228 per square foot. 530 Simpson Ln is a home located in Chesapeake City with nearby schools including Deep Creek Central Elementary School, Deep Creek Middle School, and Deep Creek High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Gamalinda John Jefferson J Le
Bought by
Wesley Lionel Patrick
Current Estimated Value
$486,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,245
Outstanding Balance
$420,704
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$65,495

Purchase Details

Closed on
Sep 4, 2020
Sold by
Wright Tony and Wright Cynthia
Bought by
Gamalinda John Jefferson J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,188
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Feb 27, 2017
Sold by
Hhhunt Homes Hamptjon Roads Llc A Virgin
Bought by
Wright Tony and Wright Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,781
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wesley Lionel Patrick $430,000 Bay Area Title
Wesley Lionel Patrick $430,000 Bay Area Title
Gamalinda John Jefferson J $356,000 Attorney
Wright Tony $329,895 Advance Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wesley Lionel Patrick $439,245
Closed Wesley Lionel Patrick $439,245
Previous Owner Gamalinda John Jefferson J $364,188
Previous Owner Wright Tony $340,781
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 $4,613 $464,400 $150,000 $314,400
2024 $4,613 $456,700 $150,000 $306,700
2023 $4,175 $443,700 $140,000 $303,700
2022 $4,220 $417,800 $130,000 $287,800
2021 $3,778 $359,800 $110,000 $249,800
2020 $3,579 $340,900 $100,000 $240,900
2019 $3,579 $340,900 $100,000 $240,900
2018 $3,579 $340,900 $100,000 $240,900
2017 $3,068 $292,200 $85,000 $207,200
2016 $893 $85,000 $85,000 $0
2015 $683 $65,000 $65,000 $0
Source: Public Records

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