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120 Tranquility Trce; Chesapeake, VA Property Details

120 Tranquility Trce, Chesapeake, VA is a Condominium that was built in 2018. This property is currently Financed and is not for sale. Our records show that 120 Tranquility Trce has 4 bedrooms, and 3 bathrooms, and a total of 2,991 square feet. The lot size of 120 Tranquility Trce is 1,930 square feet.

Off market
120 Tranquility Trce Chesapeake, VA 23320
$545,000 Listing Price
4 Beds
3 Baths
2,991 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $545,000
  • Open Loans / Balance: 1 / $460,411
  • Est. Equity / %: $107,589 / 18.94%
  • Gross Yield: 8.514%
  • APN: 0472021000890
  • Situs County: Chesapeake City
  • Length Of Ownership: 1 year

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,991/SqFt
  • Lot: 1,930/SqFt
  • Garage: 455/SqFt
  • Living: 2,991/SqFt
  • Building: 2,991/SqFt
  • Ground: 1,518/SqFt
  • Garage Finished: 455/SqFt
  • Price Per Square Foot: $182.21

Legal Description

  • Description: UNIT 89 BLDG R RIVERVIEW AT THE PRESERVE CONDO PH 11
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: 36.726696 / -76.25088
  • Subdivision: Riverview At The Preserve (Attached)
  • Property Class: Residential
  • Zoning: PUD: PLANN

Amenities

  • Plus Four: 4088
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit

HOA

  • H O A One: $410
  • H O A Amount: $410
  • H O A One Frequency: Monthly
  • H O A One Name: Riverview At The Preserve Llc Homeowners Assoc
  • H O A One Type: Condo  Owner Association

Ownership Info

120 Tranquility Trce has no associated ownership info
120 Tranquility Trce has no associated ownership info.

Taxes

120 Tranquility Trce has 10 associated Taxes items

120 Tranquility Trce, 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 $525,200. The APN we've located for 120 Tranquility Trce is 0472021000890.

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Taxes
  • Assessed Value:  $525,200
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0472021000890
  • Assessed Land Value:  140000
  • Market Land Value:  140000
  • Tax Amount:  5305
  • Tax Year:  2025
  • Market Value:  525200
  • Market Year:  2025

Tax History

120 Tranquility Trce has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $525,200 Land Value $140,000 Improvement Value $385,200 Tax Amount $5,305 Change Rate +0.042649% Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value $503,800 Land Value $140,000 Improvement Value $363,800 Tax Amount $5,088 Change Rate +0.08757% Assessed CR Tax Rate +0.010099%
Year 2023 Assessed Value $463,200 Land Value $140,000 Improvement Value $323,200 Tax Amount $4,678.32 Change Rate +0.103908% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $419,600 Land Value $120,000 Improvement Value $299,600 Tax Amount $4,237.96 Change Rate +0.0696% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $382,000 Land Value $110,000 Improvement Value $272,000 Tax Amount $3,962.19 Change Rate -0.011657% Assessed CR Tax Rate +0.010372%
Year 2020 Assessed Value $375,800 Land Value $110,000 Improvement Value $265,800 Tax Amount $4,008.92 Change Rate -0.005206% Assessed CR Tax Rate +0.010668%
Year 2019 Assessed Value $383,800 Land Value $110,000 Improvement Value $273,800 Tax Amount $4,029.9 Change Rate Assessed CR Tax Rate +0.0105%