551 Schaefer Ave Chesapeake, VA 23321
Western Branch NeighborhoodEstimated Value: $527,000 - $569,000
4
Beds
3
Baths
2,409
Sq Ft
$227/Sq Ft
Est. Value
About This Home
This home is located at 551 Schaefer Ave, Chesapeake, VA 23321 and is currently estimated at $546,594, approximately $226 per square foot. 551 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
Mar 15, 2018
Sold by
Nvr Inc A Virginia Corporation
Bought by
Betts Joey and Betts Rickkia
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
$389,458
Outstanding Balance
$333,259
Interest Rate
4.32%
Mortgage Type
VA
Estimated Equity
$213,335
Purchase Details
Closed on
Dec 6, 2017
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 |
|---|---|---|---|
| Betts Joey | $381,261 | Stewart Title Guaranty Co | |
| Nvr Inc A Virginia Corporation | $115,000 | Nvr Settlement Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Betts Joey | $389,458 |
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 | $5,044 | $517,100 | $130,000 | $387,100 |
| 2024 | $5,044 | $499,400 | $130,000 | $369,400 |
| 2023 | $4,352 | $465,800 | $130,000 | $335,800 |
| 2022 | $4,300 | $425,700 | $120,000 | $305,700 |
| 2021 | $4,104 | $390,900 | $120,000 | $270,900 |
| 2020 | $3,950 | $376,200 | $110,000 | $266,200 |
| 2019 | $3,950 | $376,200 | $110,000 | $266,200 |
| 2018 | $4,060 | $0 | $0 | $0 |
| 2017 | $1,155 | $110,000 | $110,000 | $0 |
Source: Public Records
Map
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