NOT LISTED FOR SALE

701 Leonard Ave Chesapeake, VA 23324

South Norfolk Neighborhood

Estimated Value: $285,811 - $313,000

3 Beds
2 Baths
1,637 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 701 Leonard Ave, Chesapeake, VA 23324 and is currently estimated at $293,953, approximately $179 per square foot. 701 Leonard Ave is a home located in Chesapeake City with nearby schools including Rena B. Wright Primary School, Truitt Intermediate School, and Oscar Smith Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2022
Sold by
Taiwo Olusegun B and Taiwo Mary O
Bought by
Ajot Properties Llc
Current Estimated Value
$293,953

Purchase Details

Closed on
Sep 29, 2005
Sold by
Cherry Shannon L
Bought by
Taiwo Olusegun B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2004
Sold by
D & B Properties Inc
Bought by
Cherry Shannan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,981
Interest Rate
5.71%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2002
Sold by
Carlton Betty
Bought by
Allen Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,899
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Ajot Properties Llc -- Jones Walker & Lake Pc
Taiwo Olusegun B $150,000 --
Cherry Shannan $130,000 --
Allen Doris $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taiwo Olusegun B $152,250
Previous Owner Cherry Shannan $128,981
Previous Owner Allen Doris $75,899
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 $2,258 $230,100 $85,000 $145,100
2024 $2,258 $223,600 $85,000 $138,600
2023 $1,865 $213,300 $75,000 $138,300
2022 $1,820 $180,200 $60,000 $120,200
2021 $1,667 $158,800 $45,000 $113,800
2020 $1,621 $154,400 $45,000 $109,400
2019 $1,588 $151,200 $45,000 $106,200
2018 $1,647 $156,900 $55,000 $101,900
2017 $1,647 $156,900 $55,000 $101,900
2016 $1,616 $153,900 $55,000 $98,900
2015 $1,616 $153,900 $55,000 $98,900
2014 $1,616 $153,900 $55,000 $98,900
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23324 South Norfolk

701 Leonard Ave, Chesapeake, VA

This home is located at 701 Leonard Ave, Chesapeake, VA 23324 and is currently estimated at $293,953, approximately $179 per square foot. 701 Leonard Ave is a home located in Chesapeake City with nearby schools including Rena B. Wright Primary School, Truitt Intermediate School, and Oscar Smith Middle School.

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