559 Schaefer Ave Chesapeake, VA 23321
Western Branch NeighborhoodEstimated Value: $499,000 - $589,000
4
Beds
4
Baths
3,220
Sq Ft
$173/Sq Ft
Est. Value
About This Home
This home is located at 559 Schaefer Ave, Chesapeake, VA 23321 and is currently estimated at $555,730, approximately $172 per square foot. 559 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 4, 2021
Sold by
Monroe Chauncey and Monroe Cedric
Bought by
Salako Adebola Adeyinka
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
$465,465
Outstanding Balance
$425,862
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$129,868
Purchase Details
Closed on
Jul 2, 2018
Sold by
Nvr Inc
Bought by
Monroe Chauncey and Monroe Cedric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,941
Interest Rate
4.5%
Mortgage Type
VA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salako Adebola Adeyinka | $455,000 | Priority Title & Escrow | |
| Monroe Chauncey | $399,355 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salako Adebola Adeyinka | $465,465 | |
| Previous Owner | Monroe Chauncey | $407,941 |
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 | $5,423 | $558,100 | $130,000 | $428,100 |
| 2024 | $5,423 | $536,900 | $130,000 | $406,900 |
| 2023 | $4,668 | $500,200 | $130,000 | $370,200 |
| 2022 | $4,615 | $456,900 | $120,000 | $336,900 |
| 2021 | $4,392 | $418,300 | $120,000 | $298,300 |
| 2020 | $4,216 | $401,500 | $110,000 | $291,500 |
| 2019 | $4,216 | $401,500 | $110,000 | $291,500 |
| 2018 | $4,337 | $50,000 | $50,000 | $0 |
| 2017 | $1,155 | $110,000 | $110,000 | $0 |
| 2016 | $1,155 | $110,000 | $110,000 | $0 |
| 2015 | $525 | $50,000 | $50,000 | $0 |
Source: Public Records
Map
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