NOT LISTED FOR SALE

Estimated Value: $550,000 - $562,000

4 Beds
3 Baths
2,781 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 541 Lake Crest Dr, Chesapeake, VA 23323 and is currently estimated at $553,616, approximately $199 per square foot. 541 Lake Crest Dr is a home located in Chesapeake City with nearby schools including Grassfield Elementary School, Hugo a Owens Middle, and Grassfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2021
Sold by
Carns Brett Alan
Bought by
Carns Brett Alan and Morrison Courtney
Current Estimated Value
$540,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,840
Outstanding Balance
$420,168
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$119,971

Purchase Details

Closed on
Oct 1, 2021
Sold by
Hall Kevin D and Hall Katia Y
Bought by
Carns Brett Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,840
Outstanding Balance
$420,168
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$119,971

Purchase Details

Closed on
Jan 19, 2017
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Hall Kevin D and Hall Katia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,197
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2016
Sold by
M&T Bank
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Feb 16, 2016
Sold by
Alg Trustee Llc A Virginia Limited Liabi and Hamilton Josiah
Bought by
M And T Bank

Purchase Details

Closed on
Sep 28, 2001
Sold by
Towne Development Corp
Bought by
Hamilton Josiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,149
Interest Rate
6.92%
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carns Brett Alan -- None Available
Carns Brett Alan $440,000 Liberty Title & Escrow
Hall Kevin D $275,000 Attorney
The Secretary Of Housing And Urban Devel $267,960 Attorney
M And T Bank $267,960 None Available
Hamilton Josiah $189,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carns Brett Alan $455,840
Previous Owner Hall Kevin D $261,197
Previous Owner Hamilton Josiah $255,392
Previous Owner Hamilton Josiah $186,149
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
2024 $5,078 $502,800 $165,000 $337,800
2023 $4,309 $472,700 $135,000 $337,700
2022 $4,304 $426,100 $125,000 $301,100
2021 $3,856 $367,200 $105,000 $262,200
2020 $3,711 $353,400 $105,000 $248,400
2019 $3,497 $333,000 $105,000 $228,000
2018 $3,592 $342,100 $105,000 $237,100
2017 $3,275 $311,900 $95,000 $216,900
2016 $3,188 $303,600 $95,000 $208,600
2015 $3,116 $296,800 $102,000 $194,800
2014 $3,072 $292,600 $102,000 $190,600
Source: Public Records

Map