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1016 Cranberry Dr; Chesapeake, VA Property Details

1016 Cranberry Dr, Chesapeake, VA is a Condominium that was built in 2015. This property is currently Financed,New Construction and is not for sale. Our records show that 1016 Cranberry Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 2,445 square feet. The lot size of 1016 Cranberry Dr is 1,315 square feet.

Off market
1016 Cranberry Dr Chesapeake, VA 23320
$430,680 Listing Price
3 Beds
2.5 Baths
2,445 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2015
  • Purchase Price: $430,680
  • Open Loans / Balance: 1 / $284,184
  • Est. Equity / %: $235,816 / 45.35%
  • Gross Yield: 8.515%
  • APN: 0381011000900
  • Situs County: Chesapeake City
  • Length Of Ownership: 10 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true
  • Patio Type: Patio

Measurements

  • Total: 2,445/SqFt
  • Lot: 1,315/SqFt
  • Attic: 80/SqFt
  • Garage: 376/SqFt
  • Living: 2,445/SqFt
  • Building: 2,445/SqFt
  • Ground: 978/SqFt
  • Attic Finished: 80/SqFt
  • Garage Finished: 376/SqFt
  • Price Per Square Foot: $176.15

Legal Description

  • Description: UNIT 90 SOMMERTON CONDO PH 21
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.74959 / -76.20618
  • Subdivision: Sommerton
  • Property Class: Residential
  • Zoning: RMF1: MULT

Amenities

  • Plus Four: 5043
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $400
  • H O A Amount: $400
  • H O A One Frequency: Monthly
  • H O A One Name: Sommerton Condo Unit Owners
  • H O A One Type: Condo  Owner Association

Ownership Info

1016 Cranberry Dr has no associated ownership info
1016 Cranberry Dr has no associated ownership info.

Taxes

1016 Cranberry Dr has 10 associated Taxes items

1016 Cranberry Dr, Chesapeake, VA pays taxes in Chesapeake City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $496,200. The APN we've located for 1016 Cranberry Dr is 0381011000900.

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Taxes
  • Assessed Value:  $496,200
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0381011000900
  • Assessed Land Value:  115000
  • Market Land Value:  115000
  • Tax Amount:  5012
  • Tax Year:  2025
  • Market Value:  496200
  • Market Year:  2025

Tax History

1016 Cranberry Dr has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $496,200 Land Value $115,000 Improvement Value $381,200 Tax Amount $5,012 Change Rate +0.009263% Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value $491,700 Land Value $105,000 Improvement Value $386,700 Tax Amount $4,966 Change Rate +0.053753% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $466,600 Land Value $105,000 Improvement Value $361,600 Tax Amount $4,712.68 Change Rate +0.025494% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $455,000 Land Value $105,000 Improvement Value $350,000 Tax Amount $4,595.52 Change Rate +0.160306% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $370,300 Land Value $95,000 Improvement Value $275,300 Tax Amount $3,960.61 Change Rate -0.044033% Assessed CR Tax Rate +0.010696%
Year 2020 Assessed Value $379,500 Land Value $95,000 Improvement Value $284,500 Tax Amount $4,143.04 Change Rate -0.053439% Assessed CR Tax Rate +0.010917%
Year 2019 Assessed Value $399,600 Land Value $95,000 Improvement Value $304,600 Tax Amount $4,376.94 Change Rate -0.013603% Assessed CR Tax Rate +0.010953%
Year 2018 Assessed Value $422,600 Land Value $75,000 Improvement Value $347,600 Tax Amount $4,437.3 Change Rate -0.000005% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $422,600 Land Value $75,000 Improvement Value $347,600 Tax Amount $4,437.32 Change Rate +0.000005% Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $422,600 Land Value $75,000 Improvement Value $347,600 Tax Amount $4,437.3 Change Rate Assessed CR Tax Rate +0.0105%