See Home Value
$467,900*
House - Off Market

501 Cassway Arch

Chesapeake, VA 23323
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2068 Sqft
$360,000 - $438,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model
Sold Jul 30, 2021
$393,000
$399,896 by Ovm Financial Inc
Mortgage
Sold Jun 28, 2016
$280,050
$274,977 by E Mortgage Management Llc
Mortgage

About This Property

Beautiful home located in the Grassfield School District. This 4BR 2.5BA home sits on a 0.27 acre, corner lot, and has tons of outdoor entertainment space which includes: Large fenced in backyard, deck, screened house, firepit, and huge shed. This home has been updated and well cared for. Shows great pride of ownership new light fixtures, stainless steel appliances, wood floors, carpet, and gas fireplace. Truly turnkey and move in ready. A must see!

The manager has listed the unit size as 2068 square feet.
Unit Size
2,068Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
House
Property Taxes
$3,080
HOA Dues
-
Year Built
1994

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold to Christine Reed, Taylor Reed $393,000
Sold to Christine Reed, Taylor Reed
Jun 30, 2021 No longer available -
No longer available
Jun 17, 2021 Listed $399,900
Listed
Jun 28, 2016 Sold to Lindsey Simms, Wesley Simms $280,050
Sold to Lindsey Simms, Wesley Simms

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2016
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,023
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,874
  • Building Area: 1,874
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,874
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CREEKWOOD, CREEKWOOD S, CEDAR CRK, DEER
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 160 CREEKWOOD SEC 5

Ownership

  • Current Owner : REED TAYLOR
  • Current Owner 2: REED CHRISTINE
  • Previous Owner : SIMMS WESLEY
  • Previous Owner 2: SIMMS LINDSEY
  • Owner Before Previous Owner: THE NICKERSON LIVING TRUST DATED JUNE 10
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 021303

Zoning

  • Zoning: R12AS: RES

Geography

  • Assessors Map Reference: MB 107 PG 90
  • District: 12
  • Parcel: 0451003001600
  • Municipality: DEEP CREEK
  • Latitude: 36.7268
  • Longitude: -76.3316

    Address

  • Full Address: 501 Cassway Arch
  • Address - House Number: 501
  • Address - Street Name: Cassway Arch
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: R030
  • 4-Digit Zip Code: 3820
  • Zip Code: 23323

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,688

    Appraisal Valuation

  • Standard Deviation: 0.1076
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 89
  • Final Value: 446,906
  • High Value: 495,007
  • Low Value: 398,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,896
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jul 30, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $399,896
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $407,900
  • Market Land Value: $135,000
  • Market Improvement Value: $272,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,900
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $272,900

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Transaction ID: 11846833771
  • Current Sale Price: $393,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210034715
  • Previous Sale Recording Date: Jun 28, 2016
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $280,050
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Jul 30, 2021
  • First Mortgage Loan Amount: $399,896
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: E MORTGAGE MANAGEMENT LLC
  • Previous Mortgage Transaction Date: Jun 28, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $274,977
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,064 ft²
$201/ft²
$415,000 Jun 5, 2023
$415,000 Jul 10, 2023
$40/mo
House
3 Beds
2 Baths
1,827 ft²
$238/ft²
$435,000 Jan 22, 2024
-
$323/mo
Land
Loft
-
-
$399,900 Apr 6, 2023
-
$239/mo

About Deep Creek South


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Frequently Asked Questions

When was property at 501 Cassway Arch built and last sold?
The property at 501 Cassway Arch was built in 1994 and last sold on Jul 26, 2021 for $393,000.
How much is this home worth?
The estimated value of the home located at 501 Cassway Arch is $406,335.
What are some comparable homes to 501 Cassway Arch?
There are currently no comparable homes to 501 Cassway Arch.

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