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1503 Forest Cove Dr; Chesapeake, VA Property Details

1503 Forest Cove Dr, Chesapeake, VA is a Single Family that was built in 1983. This property is currently Financed and is not for sale. Our records show that 1503 Forest Cove Dr has 3 bedrooms, and 1 bathroom, and a total of 1,188 square feet. The lot size of 1503 Forest Cove Dr is 12,676 square feet.

Off market
1503 Forest Cove Dr Chesapeake, VA 23323
$268,800 Estimated Value
3 Beds
1 Baths
1,188 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $136,000
  • Open Loans / Balance: 2 / $208,388
  • Est. Equity / %: $120,612 / 36.66%
  • Gross Yield: 7.021%
  • APN: 0343017000120
  • Situs County: Chesapeake City
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,188/SqFt
  • Lot: 12,676/SqFt
  • Living: 1,188/SqFt
  • Building: 1,188/SqFt
  • Ground: 1,188/SqFt
  • Price Per Square Foot: $114.48

Legal Description

  • Description: LOT 30 FOREST COVE SEC 2
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.765392 / -76.31544
  • Subdivision: Forest Cove / Raintree / Lindberg Manor
  • Property Class: Residential
  • Zoning: R8S: RESID

Amenities

  • Plus Four: 5733
  • Cooling: Yes
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1503 Forest Cove Dr has no associated ownership info
1503 Forest Cove Dr has no associated ownership info.

Taxes

1503 Forest Cove Dr has 10 associated Taxes items

1503 Forest Cove 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 $268,800. The APN we've located for 1503 Forest Cove Dr is 0343017000120.

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Taxes
  • Assessed Value:  $268,800
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0343017000120
  • Assessed Land Value:  130000
  • Market Land Value:  130000
  • Tax Amount:  2715
  • Tax Year:  2025
  • Market Value:  268800
  • Market Year:  2025

Tax History

1503 Forest Cove Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $268,800 Land Value $130,000 Improvement Value $138,800 Tax Amount $2,715 Change Rate +0.024915% Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value $262,300 Land Value $125,000 Improvement Value $137,300 Tax Amount $2,649 Change Rate +0.10386% Assessed CR Tax Rate +0.010099%
Year 2023 Assessed Value $237,600 Land Value $105,000 Improvement Value $132,600 Tax Amount $2,399.76 Change Rate +0.089413% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $218,100 Land Value $95,000 Improvement Value $123,100 Tax Amount $2,202.8 Change Rate +0.261504% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $185,800 Land Value $70,000 Improvement Value $115,800 Tax Amount $1,746.17 Change Rate +0.088187% Assessed CR Tax Rate +0.009398%
Year 2020 Assessed Value $159,800 Land Value $60,000 Improvement Value $99,800 Tax Amount $1,604.66 Change Rate +0.057053% Assessed CR Tax Rate +0.010042%
Year 2019 Assessed Value $150,500 Land Value $60,000 Improvement Value $90,500 Tax Amount $1,518.05 Change Rate +0.013858% Assessed CR Tax Rate +0.010087%
Year 2018 Assessed Value $142,600 Land Value $60,000 Improvement Value $82,600 Tax Amount $1,497.3 Change Rate -0.036821% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $146,700 Land Value $60,000 Improvement Value $86,700 Tax Amount $1,554.54 Change Rate -0.009027% Assessed CR Tax Rate +0.010597%
Year 2016 Assessed Value $149,400 Land Value $60,000 Improvement Value $89,400 Tax Amount $1,568.7 Change Rate +0.028926% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $145,200 Land Value $60,000 Improvement Value $85,200 Tax Amount $1,524.6 Change Rate Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $145,200 Land Value $60,000 Improvement Value $85,200 Tax Amount $1,524.6 Change Rate Assessed CR Tax Rate +0.0105%