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2217 Wallace Ln; Chesapeake, VA Property Details

2217 Wallace Ln, Chesapeake, VA is a Single Family that was built in 1952. This property is not for sale. Our records show that 2217 Wallace Ln has 2 bedrooms, and 1 bathroom, and a total of 934 square feet. The lot size of 2217 Wallace Ln is 10,411 square feet.

Off market
2217 Wallace Ln Chesapeake, VA 23323
$131,900 Estimated Value
2 Beds
1 Baths
934 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1952
  • Purchase Price: $50,000
  • Est. Equity / %: $315,000 / 100%
  • Gross Yield: 3.379%
  • APN: 0340000000550
  • Situs County: Chesapeake City
  • Length Of Ownership: 20 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 934/SqFt
  • Lot: 10,411/SqFt
  • Garage: 528/SqFt
  • Living: 934/SqFt
  • Building: 934/SqFt
  • Ground: 864/SqFt
  • Price Per Square Foot: $53.53

Legal Description

  • Description: NECK RD LOT 2 WALLACE PT
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: 36.741837 / -76.32836
  • Subdivision: Bishop Street/Bishop Davis Estates/Shipy
  • Property Class: Residential
  • Zoning: R15S: RESI

Amenities

  • Cooling: None
  • Garage: Detached Garage
  • Heating: None
  • Parking: 2

HOA

  • H O A One: $105
  • H O A Amount: $105
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

2217 Wallace Ln has no associated ownership info
2217 Wallace Ln has no associated ownership info.

Taxes

2217 Wallace Ln has 10 associated Taxes items

2217 Wallace 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 $131,900. The APN we've located for 2217 Wallace Ln is 0340000000550.

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Taxes
  • Assessed Value:  $131,900
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0340000000550
  • Assessed Land Value:  50000
  • Market Land Value:  50000
  • Tax Amount:  1332
  • Tax Year:  2025
  • Market Value:  131900
  • Market Year:  2025

Tax History

2217 Wallace Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $131,900 Land Value $50,000 Improvement Value $81,900 Tax Amount $1,332 Change Rate -0.00374% Assessed CR Tax Rate +0.010099%
Year 2024 Assessed Value $132,400 Land Value $50,000 Improvement Value $82,400 Tax Amount $1,337 Change Rate +0.022203% Assessed CR Tax Rate +0.010098%
Year 2023 Assessed Value $129,500 Land Value $50,000 Improvement Value $79,500 Tax Amount $1,307.96 Change Rate +0.07559% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $120,400 Land Value $50,000 Improvement Value $70,400 Tax Amount $1,216.04 Change Rate +0.170417% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $111,700 Land Value $50,000 Improvement Value $61,700 Tax Amount $1,038.98 Change Rate +0.044873% Assessed CR Tax Rate +0.009302%
Year 2020 Assessed Value $94,700 Land Value $50,000 Improvement Value $44,700 Tax Amount $994.36 Change Rate Assessed CR Tax Rate +0.0105%
Year 2019 Assessed Value $94,700 Land Value $50,000 Improvement Value $44,700 Tax Amount $994.36 Change Rate +0.033853% Assessed CR Tax Rate +0.0105%
Year 2018 Assessed Value $91,600 Land Value $50,000 Improvement Value $41,600 Tax Amount $961.8 Change Rate -0.032745% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $94,700 Land Value $50,000 Improvement Value $44,700 Tax Amount $994.36 Change Rate +0.00001% Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $94,700 Land Value $50,000 Improvement Value $44,700 Tax Amount $994.35 Change Rate +0.033843% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $91,600 Land Value $50,000 Improvement Value $41,600 Tax Amount $961.8 Change Rate Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $91,600 Land Value $50,000 Improvement Value $41,600 Tax Amount $961.8 Change Rate Assessed CR Tax Rate +0.0105%