$165,000
SOLD FEB 10, 2025

708 Vellines Ave Chesapeake, VA 23324

Indian River Neighborhood
3 Beds
1.5 Baths
1,351 Sq Ft
5,968 Sq Ft Lot

Recently Sold

$122 Per Sq Ft

138 Days on Market

Highlights

  • Awning
  • Baseboard Heating
  • 1-Story Property
  • Central Air
  • Partially Carpeted

About This Home

As of May 2025

Attention investors and home renovators! 708 Vellines Ave is a fantastic opportunity for those looking to add value and make it their own. This 3-bedroom, 1.5-bathroom home needs some TLC but has great potential. Ideal for transforming into a rental property or resale.

Last Agent to Sell the Property

Kirby Dickerson

Luxe Living Realty Group License #0225242440 Listed on: 05/21/2024

Last Buyer's Agent

Steffanie Battles

1st Class Real Estate Flagship License #0225254915

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 1960

Lot Details

  • 5,968 Sq Ft Lot
  • Back Yard Fenced
  • Chain Link Fence
  • Zoning described as R8S

Parking

  • Carport

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,351 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Awning
  • Crawl Space

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • None Elementary School
  • Oscar Smith Middle School
  • Oskar Smith High School

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 0.137
  • Assessor Parcel Number 1250000001780

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,144

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Property Attached Yn: No
  • Lot Size Acres: 0.137
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Vinyl
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1351.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: Back Yard, Chain Link, None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Vinyl Siding
  • Exterior Features: Awning(s)
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Oscar Smith

Lot Info

  • Parcel Number: 1250000001780
  • Zoning Description: R8S
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2144.24
  • Tax Lot: 0.137

MLS Schools

  • Elementary School: None
  • High School: Oskar Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
May 15, 2025
Sold by
Rosa Investments Llc
Bought by
Heredia Juan Luis De Jesu and Medina Gladys J
Seller's Agent
Steffanie Battles
1st Class Real Estate Flagship
Buyer's Agent
Sheila Gonzalez
World Class Realty
List Price
$289,900
Sold Price
$296,300
Premium/Discount to List
$6,400
2.21%
Views
172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-79.93%
Original Mortgage
$290,932
Outstanding Balance
$290,685
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
-$54,049

Purchase Details

Closed on
Oct 28, 2024
Sold by
Blackwell Ermanell B
Bought by
Rosa Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,100
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $296,300 Old Republic National Title
Bargain Sale Deed $165,000 Fortis Title
Bargain Sale Deed $165,000 Fortis Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,932 FHA
Previous Owner $201,100 Credit Line Revolving
Previous Owner $255,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $296,300 +2.2% $212 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $289,900 +75.7% $207 / Sq Ft
02/10/2025 02/10/25 Sold $165,000 +0.5% $122 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $164,200 0.0% $122 / Sq Ft
10/03/2024 10/03/24 Price Changed $164,200 +2.6% $122 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/28/2024 07/28/24 Price Changed $160,000 -11.1% $118 / Sq Ft
06/16/2024 06/16/24 Price Changed $180,000 -10.0% $133 / Sq Ft
05/24/2024 05/24/24 For Sale $200,000 -- $148 / Sq Ft
Source: Central Virginia Regional MLS

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
2024 $2,291 $226,800 $90,000 $136,800
2023 $1,873 $212,300 $80,000 $132,300
2022 $1,858 $184,000 $65,000 $119,000
2021 $1,632 $155,400 $55,000 $100,400
2020 $1,587 $151,100 $55,000 $96,100
2019 $1,542 $146,900 $55,000 $91,900
2018 $1,524 $139,900 $50,000 $89,900
2017 $1,469 $139,900 $50,000 $89,900
2016 $1,442 $137,300 $50,000 $87,300
2015 $661 $135,500 $50,000 $85,500
2014 $1,423 $135,500 $50,000 $85,500
Source: Public Records

Agents Affiliated with this Home

  • Steffanie Battles

    Seller's Agent in 2025

    Steffanie Battles

    1st Class Real Estate Flagship

    (757) 597-5487

    8 in this area

    192 Total Sales

    Steffanie Battles
    Section Image
  • Kirby Dickerson

    Seller's Agent in 2025

    Kirby Dickerson

    Luxe Living Realty Group

    (804) 439-4582

    1 in this area

    118 Total Sales

    Kirby Dickerson
    Section Image
  • Sheila Gonzalez

    Buyer's Agent in 2025

    Sheila Gonzalez

    World Class Realty

    (757) 324-0542

    3 in this area

    36 Total Sales

    Sheila Gonzalez
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2413481

Central Virginia Regional MLS

APN: 1250000001780

Virginia Chesapeake County Chesapeake 23324 Indian River

708 Vellines Ave, Chesapeake, VA

This home is located at 708 Vellines Ave, Chesapeake, VA 23324 and is currently priced at $165,000, approximately $122 per square foot. This property was built in 1960. 708 Vellines Ave is a home located in Chesapeake City with nearby schools including Thurgood Marshall Elementary School, Oscar Smith Middle School, and Oscar F Smith High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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