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1118 Fairway Dr; Chesapeake, VA Property Details

1118 Fairway Dr, Chesapeake, VA is a Single Family that was built in 1988. This property is currently Financed and is for sale. Our records show that 1118 Fairway Dr has 5 bedrooms, and 2.5 bathrooms, and a total of 3,207 square feet. The lot size of 1118 Fairway Dr is 10,149 square feet.

On Market for 93 days
1118 Fairway Dr Chesapeake, VA 23320
$665,000 Listing Price
5 Beds
2.5 Baths
3,207 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $409,500
  • Open Loans / Balance: 1 / $306,339
  • Est. Equity / %: $337,661 / 52.43%
  • Gross Yield: 7.581%
  • APN: 0376001000500
  • Situs County: Chesapeake City
  • Length Of Ownership: 12 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Floor Cover Type: Combination
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true

Measurements

  • Total: 3,207/SqFt
  • Lot: 10,149/SqFt
  • Attic: 460/SqFt
  • Garage: 460/SqFt
  • Living: 3,207/SqFt
  • Building: 3,207/SqFt
  • Ground: 1,131/SqFt
  • Attic Finished: 460/SqFt
  • Garage Finished: 460/SqFt
  • Price Per Square Foot: $127.69

Legal Description

  • Description: 50 WEDGEWOOD ESTATES PH II
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.75568 / -76.21844
  • Subdivision: Wedgewood Estates
  • Property Class: Residential
  • Zoning: PUD: PLANN

Amenities

  • Plus Four: 9439
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $5
  • H O A Amount: $5
  • H O A One Frequency: Monthly
  • H O A One Name: Wedgewood Estates
  • H O A One Type: Home Owner Association

Ownership Info

1118 Fairway Dr has no associated ownership info
1118 Fairway Dr has no associated ownership info.

Taxes

1118 Fairway Dr has 10 associated Taxes items

1118 Fairway Dr, Chesapeake, VA pays taxes in Chesapeake City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $609,200. The APN we've located for 1118 Fairway Dr is 0376001000500.

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Taxes
  • Assessed Value:  $609,200
  • Assessed Year:  2026
  • Assessed County:  Chesapeake City
  • APN:  0376001000500
  • Assessed Land Value:  190000
  • Market Land Value:  190000
  • Tax Amount:  5878
  • Tax Year:  2025
  • Market Value:  609200
  • Market Year:  2026

Tax History

1118 Fairway Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $609,200 Land Value $190,000 Improvement Value $419,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,878 Change Rate +0.022617% Assessed CR Tax Rate
Year 2024 Assessed Value $569,100 Land Value $165,000 Improvement Value $404,100 Tax Amount $5,748 Change Rate +0.021554% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $557,100 Land Value $145,000 Improvement Value $412,100 Tax Amount $5,626.72 Change Rate +0.061141% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $525,000 Land Value $130,000 Improvement Value $395,000 Tax Amount $5,302.52 Change Rate Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $448,100 Land Value $120,000 Improvement Value $328,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $415,800 Land Value $115,000 Improvement Value $300,800 Tax Amount $4,365.92 Change Rate +0.021125% Assessed CR Tax Rate +0.0105%
Year 2019 Assessed Value $410,800 Land Value $110,000 Improvement Value $300,800 Tax Amount $4,275.6 Change Rate +0.002956% Assessed CR Tax Rate +0.010408%
Year 2018 Assessed Value $406,000 Land Value $110,000 Improvement Value $296,000 Tax Amount $4,263 Change Rate +0.043165% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $389,200 Land Value $110,000 Improvement Value $279,200 Tax Amount $4,086.6 Change Rate Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $389,200 Land Value $110,000 Improvement Value $279,200 Tax Amount $4,086.6 Change Rate +0.033452% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $376,600 Land Value $110,000 Improvement Value $266,600 Tax Amount $3,954.32 Change Rate +0.000005% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $376,600 Land Value $110,000 Improvement Value $266,600 Tax Amount $3,954.3 Change Rate Assessed CR Tax Rate +0.0105%