NOT LISTED FOR SALE

540 Schaefer Ave Chesapeake, VA 23321

Western Branch Neighborhood

Estimated Value: $506,037

4 Beds
3 Baths
2,415 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 540 Schaefer Ave, Chesapeake, VA 23321 and is currently priced at $506,037, approximately $209 per square foot. 540 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
Nov 19, 2020
Sold by
Murray Homes Inc
Bought by
Mike Robert and Mike Tannas A
Current Estimated Value
$506,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,557
Outstanding Balance
$381,552
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Mar 27, 2020
Sold by
Whitley Manor Llc
Bought by
Murray Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,250
Interest Rate
3.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mike Robert $419,900 Cardinal Bay Title Llc
Murray Homes Inc $125,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mike Robert $429,557
Previous Owner Murray Homes Inc $305,250
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 $3,114 $484,400 $120,000 $364,400
2024 $3,114 $468,600 $120,000 $348,600
2023 $3,114 $437,200 $120,000 $317,200
2022 $4,152 $411,100 $120,000 $291,100
2021 $3,993 $380,300 $120,000 $260,300
2020 $1,260 $120,000 $120,000 $0
2019 $1,260 $120,000 $120,000 $0
2018 $1,260 $294,400 $294,400 $0
2017 $1,260 $120,000 $120,000 $0
2016 $3,091 $294,400 $294,400 $0
2015 $3,091 $294,400 $294,400 $0
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23321 Western Branch

540 Schaefer Ave, Chesapeake, VA

Not Listed for Sale

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