Sean Schroeder Real Estate Agent

About Me: Sean Schroeder, Agent with The Real Estate-Xchange

I am a life long resident of the Hampton Roads area. Obtained my real estate license in 2004.  Since obtaining my license, I have been involved in a variety of real estate transactions including Commercial, Residential, Property Management as well as helping homeowners avoid foreclosure.

What sets me apart from the other agents in the area?

Simply put it is my Approach! I want to provide over-the-top customer service. I am able to provide custom packages to my clients, kind of an ala carte approach, check out our testimonial. All that I ask from anyone interested in buying or selling a home in Hampton roads is that they give me only 30 minutes to sit and talk about their needs.

Visit 757realproperty.com for more real estate information

Sean Schroeder, Virginia Beach Real Estate Agent

 

Sean Schroeder, REALTOR
The Real Estate-XChange
517 Baylor Ct.
Chesapeake, Va. 23320

757-839-3954
seanschroeder@757realproperty.com

Sale prices versus tax assessment

Is City Assessment of any real value, other than to the City?

I like looking at numbers, specifically numbers that have some bearing on the real estate market in the cities that I work in. I ran a simple MLS report looking for all the SOLD transactions in the City of Chesapeake between 3/9/2009 and 4/8/2009.

The resulting report showed 181 Sold Listings, the average sold property is a 3 Bedroom, 2 Bath, 2,095 Sq. ft home with a sale price of $272,000 sq. feet with an average of 97 days on the market.

I then looked at city assessments versus the sale price on the average home sold. I ran my second report based on the average sold home in Chesapeake, Va., with a sales price between $260K and $280K, and a closed date between 3/9/2009 and 4/8/2009.

The resulting report only identified 12 homes out of the original 181 sold homes in Chesapeake. The average sale price of these homes was $270,000 for a 3 bedroom, 2 bath home with 2,013 sqr feet.

I then looked at the sale price and the tax assessment of each home. Here is what I found:

8 out of 12 homes sold for less than the city assessment!

In the cities I work in, the city assessment should reflect the Fair Market Value of a home. In the sample case, I found that the city of Chesapeake Va, was off by an average 7%. On a home assessed at $200,000 the actual Fair Market Value would be about $186,000. Currently the city of Chesapeake charges $1.04 per $100 of assessed value in Non-Mosquito controlled areas.

Assuming the city over valued a home by $14,000 resulting in an assessment of $200,000 the tax paid will be $2,080. The tax paid on the fair market value, $186,000 would be $1,934 resulting in a difference of $146. According to the City of Chesapeake, there are 72,000 homes. If just half of these homes pay $146 over what they should be, the City of Chesapeake Va. may be over charging the home owners by as much as $5,256,000.

Military Relocation to Virginia Beach.

Virginia Beach Military Relocation specialist

Military relocation Virginia Beach

You just received your orders to transfer to NAS Oceana, Dam Neck, NOB, Naval Station Norfolk or any of the other bases in Virginia Beach and Norfolk. Now you need to determine your next step.

A military relocation to a new city can be very stressful, and in some cases complicated. After all, you are packing up your family, your property, and saying goodbyes to friends and family, then moving it to a new home possibly across the country. This is no easy task!

My job as a military relocation specialist is to help make the entire process as easy as possible. To work with you and your family, to find that PERFECT place that you can call home. As a professional Real Estate Agent, helping the military members of the US Armed Forces relocate to Virginia Beach is my top priorityl. I can provide you with great tools, at no cost to you. These tools can help you search and categorize all of the available homes that meet your specifications.

Whether you are looking to purchase or sell a condo, townhouse, single family detached in Norfolk, Virginia Beach, Chesapeake, I am here to help you with all of your real estate needs.

View homes for sale in Virginia Beach and the Hampton Roads area at Hampton roads home listings

Feel free to call me at 757-839-3954 or email me

Virginia Beach Pending Sales for Oct @ 794! W/ pending sale, real estate invtry @ 6 month supply . W/out pending sales supply is @ 7.85%

Good morning. Got a home to sell, or looking to purchase a home? Call for you list of Bank Owned Homes #reo 757-839-3954

Virginia Beach homes for sale –> http://tinyurl.com/vbhomesearch .. # norfolk #virginia

Working on market reports! The Hampton Roads real estate market is STRONG. Ready to get of the fence call now

Working on market reports! The Hampton Roads real estate market is STRONG. Ready to get of the fence call now

Working on market reports! The Hampton Roads real estate market is STRONG

Sending Ethan off to school…. I have a lot of market stats to review.. need a report? #fb

Getting my son ready for Scouts tonight..

Chilling out watching Sean Hannity on #FOX interviewing Michale Moore

Heading out to Mt. Trashmore for a fund raiser / walk from 1 to 4