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1408 Commerce Ave; Chesapeake, VA Property Details

1408 Commerce Ave, Chesapeake, VA is a Quadruplex 4 Units that was built in 1966. This property is currently Financed and is not for sale. Our records show that 1408 Commerce Ave has a total of 3,306 square feet. The lot size of 1408 Commerce Ave is 9,365 square feet.

Off market
1408 Commerce Ave Chesapeake, VA 23324
$236,500 Estimated Value
3,306 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1966
  • Purchase Price: $160,000
  • Open Loans / Balance: 1 / $106,818
  • Est. Equity / %: $315,182 / 74.69%
  • APN: 1340000003710
  • Situs County: Chesapeake City
  • Length Of Ownership: 22 years, 3 months

Structure

  • Stories: 20
  • Exterior Wall Type: Brick veneer
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,306/SqFt
  • Lot: 9,365/SqFt
  • Gross: 3,306/SqFt
  • Living: 3,306/SqFt
  • Building: 3,306/SqFt
  • Price Per Square Foot: $48.40

Legal Description

  • Description: 80-81-82 HOYE
Building Insights

Land Information

  • Property Type: Quadruplex 4 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.812878 / -76.26914
  • Subdivision: South Norfolk - Commercial
  • Property Class: Residential
  • Zoning: MULTI: MUL

Amenities

  • Plus Four: 3273

Ownership Info

1408 Commerce Ave has no associated ownership info
1408 Commerce Ave has no associated ownership info.

Taxes

1408 Commerce Ave has 10 associated Taxes items

1408 Commerce Ave, 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 $236,500. The APN we've located for 1408 Commerce Ave is 1340000003710.

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Taxes
  • Assessed Value:  $236,500
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  1340000003710
  • Assessed Land Value:  64500
  • Market Land Value:  64500
  • Tax Amount:  2389
  • Tax Year:  2025
  • Market Value:  236500
  • Market Year:  2025

Tax History

1408 Commerce Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $236,500 Land Value $64,500 Improvement Value $172,000 Tax Amount $2,389 Change Rate Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value $236,500 Land Value $64,500 Improvement Value $172,000 Tax Amount $2,389 Change Rate -0.122646% Assessed CR Tax Rate +0.010101%
Year 2023 Assessed Value $269,600 Land Value $64,500 Improvement Value $205,100 Tax Amount $2,722.96 Change Rate Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $269,600 Land Value $66,000 Improvement Value $203,600 Tax Amount $2,722.96 Change Rate +0.169209% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $225,700 Land Value $66,000 Improvement Value $159,700 Tax Amount $2,328.89 Change Rate +0.030779% Assessed CR Tax Rate +0.010319%
Year 2020 Assessed Value $220,500 Land Value $66,000 Improvement Value $154,500 Tax Amount $2,259.35 Change Rate +0.020516% Assessed CR Tax Rate +0.010246%
Year 2019 Assessed Value $213,400 Land Value $66,000 Improvement Value $147,400 Tax Amount $2,213.93 Change Rate +0.00405% Assessed CR Tax Rate +0.010375%
Year 2018 Assessed Value $210,000 Land Value $66,000 Improvement Value $144,000 Tax Amount $2,205 Change Rate +0.056865% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $198,700 Land Value $66,000 Improvement Value $132,700 Tax Amount $2,086.36 Change Rate +0.000005% Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $198,700 Land Value $66,000 Improvement Value $132,700 Tax Amount $2,086.35 Change Rate +0.099607% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $180,700 Land Value $66,000 Improvement Value $114,700 Tax Amount $1,897.36 Change Rate -0.127891% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $207,200 Land Value $66,000 Improvement Value $141,200 Tax Amount $2,175.6 Change Rate Assessed CR Tax Rate +0.0105%