NOT LISTED FOR SALE

701 Farman Ct Chesapeake, VA 23322

Pleasant Grove West Neighborhood

Estimated Value: $470,504 - $488,000

3 Beds
3 Baths
1,691 Sq Ft
$284/Sq Ft Est. Value

About This Home

This home is located at 701 Farman Ct, Chesapeake, VA 23322 and is currently estimated at $480,126, approximately $283 per square foot. 701 Farman Ct is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2020
Sold by
Heath Eric D and Heath Christina S
Bought by
Markley Robert and Markley Alexis
Current Estimated Value
$480,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,600
Outstanding Balance
$321,134
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$158,992

Purchase Details

Closed on
Oct 6, 2016
Sold by
Thomas Gregory A and Thomas Amy C
Bought by
Heath Eric D and Crespo Christina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Markley Robert $350,000 Priority Title & Escrow Llc
Heath Eric D $295,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markley Robert $362,600
Previous Owner Heath Eric D $280,250
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
2025 $4,142 $430,000 $185,000 $245,000
2024 $4,142 $410,100 $185,000 $225,100
2023 $3,751 $406,500 $175,000 $231,500
2022 $3,745 $370,800 $150,000 $220,800
2021 $3,408 $324,600 $130,000 $194,600
2020 $3,219 $306,600 $120,000 $186,600
2019 $3,047 $290,200 $120,000 $170,200
2018 $2,968 $282,700 $120,000 $162,700
2017 $2,899 $276,100 $120,000 $156,100
2016 $2,602 $247,800 $110,000 $137,800
2015 $2,549 $242,800 $105,000 $137,800
2014 $2,521 $240,100 $105,000 $135,100
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Pleasant Grove West

701 Farman Ct, Chesapeake, VA

This home is located at 701 Farman Ct, Chesapeake, VA 23322 and is currently estimated at $480,126, approximately $283 per square foot. 701 Farman Ct is a home located in Chesapeake City with nearby schools including Butts Road Primary School, Butts Road Intermediate School, and Hickory Middle School.

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