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318 Rio Dr; Chesapeake, VA Property Details

318 Rio Dr, Chesapeake, VA is a Single Family that was built in 1992. This property is currently Financed and is for sale. Our records show that 318 Rio Dr has 4 bedrooms, and 2 bathrooms, and a total of 2,476 square feet. The lot size of 318 Rio Dr is 13,460 square feet.

On Market for 59 days
318 Rio Dr Chesapeake, VA 23322
$599,900 Listing Price
4 Beds
2 Baths
2,476 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1992
  • Purchase Price: $349,900
  • Open Loans / Balance: 1 / $312,628
  • Est. Equity / %: $271,372 / 46.47%
  • Gross Yield: 7.517%
  • APN: 0584001000250
  • Situs County: Chesapeake City
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Unsound
  • Roof Type: Gable
  • Pool Type: Yes
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true
  • Deck: true

Measurements

  • Total: 2,476/SqFt
  • Lot: 13,460/SqFt
  • Attic: 300/SqFt
  • Garage: 300/SqFt
  • Living: 2,476/SqFt
  • Building: 2,476/SqFt
  • Ground: 1,590/SqFt
  • Attic Finished: 300/SqFt
  • Garage Finished: 300/SqFt
  • Price Per Square Foot: $141.32

Legal Description

  • Description: 25 LAS GAVIOTAS PH IV SEC THREE A
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: 36.71978 / -76.28967
  • Subdivision: Las Gaviotas
  • Property Class: Residential
  • Zoning: R10S: RESI

Amenities

  • Pool: true
  • Plus Four: 7143
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $30
  • H O A Amount: $30
  • H O A One Frequency: Monthly
  • H O A One Name: Las Gaviotas Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

318 Rio Dr has no associated ownership info
318 Rio Dr has no associated ownership info.

Taxes

318 Rio Dr has 10 associated Taxes items

318 Rio 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 $513,200. The APN we've located for 318 Rio Dr is 0584001000250.

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Taxes
  • Assessed Value:  $513,200
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0584001000250
  • Assessed Land Value:  200000
  • Market Land Value:  200000
  • Tax Amount:  5183
  • Tax Year:  2025
  • Market Value:  513200
  • Market Year:  2025

Tax History

318 Rio Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $513,200 Land Value $200,000 Improvement Value $313,200 Tax Amount $5,183 Change Rate +0.046014% Assessed CR Tax Rate +0.010099%
Year 2024 Assessed Value $490,600 Land Value $180,000 Improvement Value $310,600 Tax Amount $4,955 Change Rate +0.041824% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $470,900 Land Value $160,000 Improvement Value $310,900 Tax Amount $4,756.08 Change Rate +0.151627% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $408,900 Land Value $140,000 Improvement Value $268,900 Tax Amount $4,129.88 Change Rate +0.116362% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $362,600 Land Value $120,000 Improvement Value $242,600 Tax Amount $3,699.41 Change Rate +0.018796% Assessed CR Tax Rate +0.010202%
Year 2020 Assessed Value $348,900 Land Value $120,000 Improvement Value $228,900 Tax Amount $3,631.16 Change Rate +0.011555% Assessed CR Tax Rate +0.010407%
Year 2019 Assessed Value $344,800 Land Value $120,000 Improvement Value $224,800 Tax Amount $3,589.68 Change Rate +0.002858% Assessed CR Tax Rate +0.010411%
Year 2018 Assessed Value $340,900 Land Value $120,000 Improvement Value $220,900 Tax Amount $3,579.45 Change Rate +0.038377% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $328,300 Land Value $117,000 Improvement Value $211,300 Tax Amount $3,447.16 Change Rate +0.000003% Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $328,300 Land Value $117,000 Improvement Value $211,300 Tax Amount $3,447.15 Change Rate +0.007668% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $325,800 Land Value $117,000 Improvement Value $208,800 Tax Amount $3,420.92 Change Rate +0.020363% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $319,300 Land Value $117,000 Improvement Value $202,300 Tax Amount $3,352.65 Change Rate Assessed CR Tax Rate +0.0105%