550 Schaefer Ave Chesapeake, VA 23321
Western Branch NeighborhoodEstimated Value: $458,762 - $509,000
3
Beds
2
Baths
1,858
Sq Ft
$260/Sq Ft
Est. Value
About This Home
This home is located at 550 Schaefer Ave, Chesapeake, VA 23321 and is currently estimated at $482,441, approximately $259 per square foot. 550 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
May 31, 2018
Sold by
Nvr Inc A Virginia Corporation
Bought by
Hayes William and Goodman-Hayes Jennifer
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,001
Outstanding Balance
$332,961
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$149,480
Purchase Details
Closed on
Feb 27, 2018
Sold by
Whitley Manor Llc A Virginia Limited Lia
Bought by
Nvr Inc A Virginia Corporation
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hayes William | $385,001 | Nvr Settlement Services Inc | |
| Nvr Inc A Virginia Corporation | $230,000 | Nvr Settlement Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hayes William | $385,001 |
Source: Public Records
Tax History Compared to Growth
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 | $4,310 | $440,500 | $130,000 | $310,500 |
| 2024 | $4,310 | $426,700 | $130,000 | $296,700 |
| 2023 | $3,736 | $398,600 | $130,000 | $268,600 |
| 2022 | $3,685 | $364,900 | $120,000 | $244,900 |
| 2021 | $3,549 | $338,000 | $120,000 | $218,000 |
| 2020 | $3,395 | $323,300 | $110,000 | $213,300 |
| 2019 | $3,395 | $323,300 | $110,000 | $213,300 |
| 2018 | $3,480 | $0 | $0 | $0 |
| 2017 | $1,155 | $110,000 | $110,000 | $0 |
Source: Public Records
Map
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