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2500 Drum Creek Rd; Chesapeake, VA Property Details

2500 Drum Creek Rd, Chesapeake, VA is a Single Family that was built in 1959. This property is currently Financed,Bank Sale and is not for sale. Our records show that 2500 Drum Creek Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,516 square feet. The lot size of 2500 Drum Creek Rd is 19,820 square feet.

Off market
2500 Drum Creek Rd Chesapeake, VA 23321
$301,100 Estimated Value
3 Beds
2 Baths
1,516 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Purchase Price: $164,000
  • Open Loans / Balance: 1 / $107,598
  • Est. Equity / %: $235,402 / 68.63%
  • Gross Yield: 7.714%
  • APN: 0092002001410
  • Situs County: Chesapeake City
  • Length Of Ownership: 15 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Unsound
  • Roof Type: Gable
  • Roof Cover Type: Built-up
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,516/SqFt
  • Lot: 19,820/SqFt
  • Living: 1,516/SqFt
  • Building: 1,516/SqFt
  • Ground: 1,516/SqFt
  • Price Per Square Foot: $108.18

Legal Description

  • Description: 141 DRUM CREEK FARMS SEC 2
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: 36.832615 / -76.42491
  • Subdivision: Drum Creek Farms East, West
  • Property Class: Residential
  • Zoning: R15S: RESI

Amenities

  • Plus Four: 2312
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2500 Drum Creek Rd has no associated ownership info
2500 Drum Creek Rd has no associated ownership info.

Taxes

2500 Drum Creek Rd has 10 associated Taxes items

2500 Drum Creek Rd, Chesapeake, VA pays taxes in Chesapeake City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $301,100. The APN we've located for 2500 Drum Creek Rd is 0092002001410.

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Taxes
  • Assessed Value:  $301,100
  • Assessed Year:  2026
  • Assessed County:  Chesapeake City
  • APN:  0092002001410
  • Assessed Land Value:  145000
  • Market Land Value:  155000
  • Tax Amount:  3041
  • Tax Year:  2025
  • Market Value:  311100
  • Market Year:  2026

Tax History

2500 Drum Creek Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $311,100 Land Value $155,000 Improvement Value $156,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,041 Change Rate +0.026325% Assessed CR Tax Rate
Year 2024 Assessed Value $293,400 Land Value $145,000 Improvement Value $148,400 Tax Amount $2,963 Change Rate +0.098742% Assessed CR Tax Rate +0.010099%
Year 2023 Assessed Value $267,000 Land Value $130,000 Improvement Value $137,000 Tax Amount $2,696.72 Change Rate +0.003005% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $266,200 Land Value $120,000 Improvement Value $146,200 Tax Amount $2,688.64 Change Rate +0.183406% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $219,000 Land Value $90,000 Improvement Value $129,000 Tax Amount $2,271.95 Change Rate +0.02185% Assessed CR Tax Rate +0.010374%
Year 2020 Assessed Value $215,500 Land Value $90,000 Improvement Value $125,500 Tax Amount $2,223.37 Change Rate +0.041947% Assessed CR Tax Rate +0.010317%
Year 2019 Assessed Value $210,500 Land Value $85,000 Improvement Value $125,500 Tax Amount $2,133.86 Change Rate +0.059566% Assessed CR Tax Rate +0.010137%
Year 2018 Assessed Value $191,800 Land Value $80,000 Improvement Value $111,800 Tax Amount $2,013.9 Change Rate -0.087321% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $213,200 Land Value $85,000 Improvement Value $128,200 Tax Amount $2,206.58 Change Rate +0.014729% Assessed CR Tax Rate +0.01035%
Year 2016 Assessed Value $207,100 Land Value $85,000 Improvement Value $122,100 Tax Amount $2,174.55 Change Rate +0.037061% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $199,700 Land Value $80,000 Improvement Value $119,700 Tax Amount $2,096.84 Change Rate +0.017834% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $196,200 Land Value $80,000 Improvement Value $116,200 Tax Amount $2,060.1 Change Rate Assessed CR Tax Rate +0.0105%