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2420 Gum Rd; Chesapeake, VA Property Details

2420 Gum Rd, Chesapeake, VA is a Commercial Vacant Land that was built in 1972. This property is currently a cash purchase and is not for sale. Our records show that 2420 Gum Rd has a total of 2,688 square feet. The lot size of 2420 Gum Rd is 108,029 square feet.

Off market
2420 Gum Rd Chesapeake, VA 23321
$1,069,800 Estimated Value
2,688 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1972
  • Purchase Price: $10,000,000
  • Est. Equity / %: $1,317,000 / 100%
  • APN: 0150000001321
  • Situs County: Chesapeake City
  • Length Of Ownership: 19 years, 5 months

Structure

  • Stories: 1
  • Water Source: Municipal

Measurements

  • Total: 2,688/SqFt
  • Lot: 108,029/SqFt
  • Living: 2,688/SqFt
  • Building: 2,688/SqFt
  • Price Per Square Foot: $3720.24

Legal Description

  • Description: PAR A-1 RESUB PAR A WATTS EST 2.480 AC
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.821407 / -76.42638
  • Subdivision: Portsmouth Blvd Corridor
  • Property Class: Vacant
  • Zoning: B2: GENERA

Amenities

  • Plus Four: 1510
  • Garage: Attached Garage
  • Parking: 2

Ownership Info

2420 Gum Rd has no associated ownership info
2420 Gum Rd has no associated ownership info.

Taxes

2420 Gum Rd has 10 associated Taxes items

2420 Gum Rd, 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 $1,069,800. The APN we've located for 2420 Gum Rd is 0150000001321.

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Taxes
  • Assessed Value:  $1,069,800
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0150000001321
  • Assessed Land Value:  1069800
  • Market Land Value:  1069800
  • Tax Amount:  10805
  • Tax Year:  2025
  • Market Value:  1069800
  • Market Year:  2025

Tax History

2420 Gum Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,069,800 Land Value $1,069,800 Improvement Value Tax Amount $10,805 Change Rate Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value $1,069,800 Land Value $1,069,800 Improvement Value Tax Amount $10,805 Change Rate +0.078429% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $992,000 Land Value $992,000 Improvement Value Tax Amount $10,019.2 Change Rate Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $992,000 Land Value $992,000 Improvement Value Tax Amount $10,019.2 Change Rate -0.038095% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $992,000 Land Value $992,000 Improvement Value Tax Amount $10,416 Change Rate Assessed CR Tax Rate +0.0105%
Year 2020 Assessed Value $992,000 Land Value $992,000 Improvement Value Tax Amount $10,416 Change Rate +0.103448% Assessed CR Tax Rate +0.0105%
Year 2019 Assessed Value $992,000 Land Value $992,000 Improvement Value Tax Amount $9,439.5 Change Rate +0.104423% Assessed CR Tax Rate +0.009516%
Year 2018 Assessed Value $814,000 Land Value $744,000 Improvement Value $70,000 Tax Amount $8,547 Change Rate +0.067401% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $781,200 Land Value $781,200 Improvement Value Tax Amount $8,007.3 Change Rate +0.025% Assessed CR Tax Rate +0.01025%
Year 2016 Assessed Value $744,000 Land Value $744,000 Improvement Value Tax Amount $7,812 Change Rate -0.065913% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $814,000 Land Value $744,000 Improvement Value $70,000 Tax Amount $8,363.25 Change Rate -0.021499% Assessed CR Tax Rate +0.010274%
Year 2014 Assessed Value $814,000 Land Value $744,000 Improvement Value $70,000 Tax Amount $8,547 Change Rate Assessed CR Tax Rate +0.0105%