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1063 Butte Ln; Chesapeake, VA Property Details

1063 Butte Ln, Chesapeake, VA is a Condominium that was built in 2024. This property is currently Financed,New Construction and is not for sale. Our records show that 1063 Butte Ln has 4 bedrooms, and 3.5 bathrooms, and a total of 1,991 square feet.

Off market
1063 Butte Ln Chesapeake, VA 23320
$450,000 Listing Price
4 Beds
3.5 Baths
1,991 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2024
  • Purchase Price: $450,000
  • Open Loans / Balance: 1 / $461,985
  • Est. Equity / %: $23,015 / 4.75%
  • Gross Yield: 7.965%
  • APN: 0384012000050
  • Situs County: Chesapeake City
  • Length Of Ownership: 1 year

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Stories: 3
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,991/SqFt
  • Living: 1,991/SqFt
  • Building: 1,991/SqFt
  • Price Per Square Foot: $226.02

Legal Description

  • Description: UNIT 5 CEDAR GLEN CONDO PH 2
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: 36.739933 / -76.2104
  • Subdivision: Cedar Glen
  • Property Class: Residential
  • Zoning: RMF1: MULT

Amenities

  • Plus Four: 2475
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $203
  • H O A Amount: $203
  • H O A One Frequency: Monthly
  • H O A One Type: Condo  Owner Association

Ownership Info

1063 Butte Ln has no associated ownership info
1063 Butte Ln has no associated ownership info.

Taxes

1063 Butte Ln has 10 associated Taxes items

1063 Butte Ln, 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 $451,500. The APN we've located for 1063 Butte Ln is 0384012000050.

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Taxes
  • Assessed Value:  $451,500
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0384012000050
  • Assessed Land Value:  120000
  • Market Land Value:  120000
  • Tax Amount:  4560
  • Tax Year:  2025
  • Market Value:  451500
  • Market Year:  2025

Tax History

1063 Butte Ln has 1 associated Tax History item
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $451,500 Land Value $120,000 Improvement Value $331,500 Tax Amount $4,560 Change Rate Assessed CR Tax Rate +0.0101%