Taxes
- Assessed Value: $4,432,600
- Assessed Year: 2025
- Assessed County: Chesapeake City
- APN: 0150000001730
- Assessed Land Value: 997600
- Market Land Value: 997600
- Tax Amount: 44769
- Tax Year: 2025
- Market Value: 4432600
- Market Year: 2025
2424 Gum Rd; Chesapeake, VA Property Details
Off market
2424 Gum Rd Chesapeake, VA 23321
$4,432,600 Estimated Value
52,016 SqFt
Property Type
MotelProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1998
- Purchase Price: $164,400
- Open Loans / Balance: 1 / $743,092
- APN: 0150000001730
- Situs County: Chesapeake City
- Length Of Ownership: 14 years
Structure
- Stories: 30
- Exterior Wall Type: Stucco
- Pool Type: Yes
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 52,016/SqFt
- Lot: 100,057/SqFt
- Gross: 52,016/SqFt
- Garage: 1,000/SqFt
- Living: 52,408/SqFt
- Building: 52,016/SqFt
- Garage Unfinished: 1,000/SqFt
- Price Per Square Foot: $3.16
Legal Description
- Description: AIRLINE RD 2.297 AC
Building Insights
Land Information
- Property Type: Motel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Chesapeake City Public Schools
- Lat / Lon: 36.821114 / -76.427086
- Subdivision: Portsmouth Blvd Corridor
- Property Class: Commercial
- Zoning: B2: GENERA
Amenities
- Pool: true
- Plus Four: 1510
- Garage: Detached Garage
- Heating: Heat Pump
Ownership Info
2424 Gum Rd has no associated ownership info
2424 Gum Rd has no associated ownership info.
Taxes
2424 Gum Rd has 10 associated Taxes items
2424 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 $4,432,600. The APN we've located for 2424 Gum Rd is 0150000001730.
Unlock the full reportTax History
2424 Gum Rd has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $4,432,600 | Land Value $997,600 | Improvement Value $3,435,000 | Tax Amount $44,769 | Change Rate -0.005619% | Assessed CR | Tax Rate +0.0101% |
| Year 2024 | Assessed Value $4,457,600 | Land Value $997,600 | Improvement Value $3,460,000 | Tax Amount $45,022 | Change Rate -0.254977% | Assessed CR | Tax Rate +0.0101% |
| Year 2023 | Assessed Value $5,983,200 | Land Value $918,800 | Improvement Value $5,064,400 | Tax Amount $60,430.32 | Change Rate +0.453149% | Assessed CR | Tax Rate +0.0101% |
| Year 2022 | Assessed Value $4,117,400 | Land Value $918,800 | Improvement Value $3,198,600 | Tax Amount $41,585.76 | Change Rate -0.187492% | Assessed CR | Tax Rate +0.0101% |
| Year 2021 | Assessed Value $4,326,000 | Land Value $918,800 | Improvement Value $3,407,200 | Tax Amount $51,181.98 | Change Rate -0.020713% | Assessed CR | Tax Rate +0.011831% |
| Year 2020 | Assessed Value $5,057,300 | Land Value $918,800 | Improvement Value $4,138,500 | Tax Amount $52,264.55 | Change Rate +0.062013% | Assessed CR | Tax Rate +0.010334% |
| Year 2019 | Assessed Value $4,951,000 | Land Value $918,800 | Improvement Value $4,032,200 | Tax Amount $49,212.71 | Change Rate -0.01789% | Assessed CR | Tax Rate +0.00994% |
| Year 2018 | Assessed Value $4,772,300 | Land Value $720,000 | Improvement Value $4,052,300 | Tax Amount $50,109.15 | Change Rate +0.042738% | Assessed CR | Tax Rate +0.0105% |
| Year 2017 | Assessed Value $4,772,300 | Land Value $720,000 | Improvement Value $4,052,300 | Tax Amount $48,055.36 | Change Rate +0.044647% | Assessed CR | Tax Rate +0.01007% |
| Year 2016 | Assessed Value $4,381,100 | Land Value $720,000 | Improvement Value $3,661,100 | Tax Amount $46,001.55 | Change Rate +0.431217% | Assessed CR | Tax Rate +0.0105% |
| Year 2015 | Assessed Value $3,061,100 | Land Value $720,000 | Improvement Value $2,341,100 | Tax Amount $32,141.56 | Change Rate +0.201751% | Assessed CR | Tax Rate +0.0105% |
| Year 2014 | Assessed Value $2,547,200 | Land Value $697,500 | Improvement Value $1,849,700 | Tax Amount $26,745.6 | Change Rate | Assessed CR | Tax Rate +0.0105% |