551 E Lake Cir Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $257,000 - $270,000
2
Beds
2
Baths
1,238
Sq Ft
$212/Sq Ft
Est. Value
About This Home
This home is located at 551 E Lake Cir, Chesapeake, VA 23322 and is currently estimated at $262,017, approximately $211 per square foot. 551 E Lake Cir is a home located in Chesapeake City with nearby schools including Great Bridge Primary School, Great Bridge Intermediate School, and Great Bridge Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2021
Sold by
Ellison Donna J
Bought by
Derksen Lee Ann
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
$157,320
Outstanding Balance
$143,053
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$118,964
Purchase Details
Closed on
Jul 8, 2016
Sold by
Lanier Edith F
Bought by
Ellison Donna J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2013
Sold by
Higginbotham Sarah K
Bought by
Lanier Edith F
Purchase Details
Closed on
May 3, 2007
Sold by
Hammer John Michael A
Bought by
Higginbotham Sarah K
Purchase Details
Closed on
Jul 21, 2006
Sold by
Pryor Jason B
Bought by
Hammer John-Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2004
Sold by
Hockman John T
Bought by
Pryor Jason B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.16%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Derksen Lee Ann | $196,650 | Attorney | |
| Ellison Donna J | $142,000 | Titlequest | |
| Lanier Edith F | $163,000 | -- | |
| Higginbotham Sarah K | $170,000 | -- | |
| Hammer John-Michael A | $170,000 | -- | |
| Pryor Jason B | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Derksen Lee Ann | $157,320 | |
| Previous Owner | Ellison Donna J | $75,000 | |
| Previous Owner | Hammer John-Michael A | $120,000 | |
| Previous Owner | Hammer John-Michael A | $16,000 | |
| Previous Owner | Pryor Jason B | $110,000 |
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 | $2,168 | $244,900 | $95,000 | $149,900 |
| 2024 | $2,168 | $214,700 | $85,000 | $129,700 |
| 2023 | $1,869 | $201,500 | $75,000 | $126,500 |
| 2022 | $1,888 | $186,900 | $60,000 | $126,900 |
| 2021 | $1,666 | $158,700 | $45,000 | $113,700 |
| 2020 | $1,571 | $149,600 | $40,000 | $109,600 |
| 2019 | $1,518 | $144,600 | $35,000 | $109,600 |
| 2018 | $1,496 | $142,500 | $35,000 | $107,500 |
| 2017 | $1,420 | $135,200 | $35,000 | $100,200 |
| 2016 | $1,399 | $133,200 | $35,000 | $98,200 |
| 2015 | $1,529 | $145,600 | $40,000 | $105,600 |
| 2014 | $1,584 | $150,900 | $40,000 | $110,900 |
Source: Public Records
Map
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