See Home Value
$352,509*
House - Off Market

516 Rutgers Avenue

Chesapeake, VA 23324
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1968 Sqft
$275,000 - $335,000
Reference Base Price*
15.58%
Since Aug 1, 2021
National-US
Primary Model
Sold Aug 31, 2021
$305,000
$299,475 by Evolve Bank & Trust
Mortgage

About This Property

Delightful 4 bed, 2.5 bath home in cul-de-sac with new roof, garage door, furnace & 2 exterior doors in 2020. Newly painted downstairs-May 2021. Convenient breakfast area & dining room. Cozy living room. Spacious bedrooms with tons of closet space! Large deck with above ground pool overlooking wooded area. Nice lot size! Convenient to schools, shopping and interstate. Minutes to downtown Norfolk. So much potential!

The manager has listed the unit size as 1968 square feet.
Unit Size
1,968Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$2,557
HOA Dues
-
Year Built
1998

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold to Joseph Green, Joy Green $305,000
Sold to Joseph Green, Joy Green
Jul 19, 2021 No longer available -
No longer available
Jun 24, 2021 Listed $305,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Unsound
  • 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: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,600
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COUNTRY WDS, VARSITY EST/MANOR SPENCER
  • Land Acres: 0.427
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 8A RESUBD LTS 8 & 9 VARSITY MANOR WEST & POR 30FT ABANDON RR .427AC

Ownership

  • Current Owner : GREEN JOY
  • Current Owner 2: GREEN JOSEPH
  • Previous Owner : YEATES DOUGLAS C
  • Previous Owner 2: YEATES SHERRIE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 020600

Zoning

  • Zoning: R8S: RESID

Geography

  • Assessors Map Reference: MB 165 PG 13
  • District: 31
  • Parcel: 1520000005520
  • Municipality: SOUTH NORFOLK - TIF
  • Latitude: 36.7892
  • Longitude: -76.2775

    Address

  • Full Address: 516 Rutgers Ave
  • Address - House Number: 516
  • Address - Street Name: Rutgers
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C011
  • 4-Digit Zip Code: 1643
  • Zip Code: 23324

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,897

    Appraisal Valuation

  • Standard Deviation: 0.1117
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 88
  • Final Value: 347,310
  • High Value: 386,122
  • Low Value: 308,499

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $314,725
  • First Open Lien Mortgage Lender: EVOLVE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Aug 31, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $299,475
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: EVOLVE BANK & TRUST
  • Second Open Lien Mortgage Recording Date: Aug 31, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $15,250
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $313,600
  • Market Land Value: $90,000
  • Market Improvement Value: $223,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,600
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $223,600

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Transaction ID: 11854590800
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210039597

    Last Sale Mortgage

  • First Mortgage Lender: EVOLVE BANK & TRUST
  • First Mortgage Transaction Date: Aug 31, 2021
  • First Mortgage Loan Amount: $299,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,647 ft²
$219/ft²
$360,000 Sep 13, 2023
-
$188/mo
House
4 Beds
2 Baths
1,132 ft²
$251/ft²
$283,997 Sep 18, 2023
-
$120/mo
House
3 Beds
2 Baths
1,700 ft²
$147/ft²
$250,000 Oct 9, 2023
-
$169/mo
House
3 Beds
2.5 Baths
1,436 ft²
$223/ft²
$319,900 Sep 13, 2023
-
$354/mo
House
3 Beds
2.5 Baths
1,436 ft²
$225/ft²
$322,400 Sep 13, 2023
-
$354/mo
House
3 Beds
2 Baths
1,253 ft²
$200/ft²
$250,000 Sep 7, 2023
-
$148/mo
Commercial
Loft
-
2,196 ft²
$125/ft²
$275,000 Aug 3, 2023
-
$160/mo

About South Norfolk


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Frequently Asked Questions

When was property at 516 Rutgers Avenue built and last sold?
The property at 516 Rutgers Avenue was built in 1998 and last sold on Aug 12, 2021 for $305,000.
How much is this home worth?
The estimated value of the home located at 516 Rutgers Avenue is $311,059.
What are some comparable homes to 516 Rutgers Avenue?
There are currently no comparable homes to 516 Rutgers Avenue.

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