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4 Drake Cir; Chesapeake, VA Property Details

4 Drake Cir, Chesapeake, VA is a Townhouse that was built in 1978. This property is currently a cash purchase and is not for sale. Our records show that 4 Drake Cir has 3 bedrooms, and 1.5 bathrooms, and a total of 1,406 square feet. The lot size of 4 Drake Cir is 4,704 square feet.

Off market
4 Drake Cir Chesapeake, VA 23320
$236,900 Estimated Value
3 Beds
1.5 Baths
1,406 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1978
  • Purchase Price: $160,000
  • Est. Equity / %: $287,000 / 100%
  • Gross Yield: 7.81%
  • APN: 0209001000440
  • Situs County: Chesapeake City
  • Length Of Ownership: 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Wood
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Unsound
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true
  • Patio Type: Patio

Measurements

  • Total: 1,406/SqFt
  • Lot: 4,704/SqFt
  • Garage: 480/SqFt
  • Living: 1,406/SqFt
  • Building: 1,406/SqFt
  • Ground: 696/SqFt
  • Garage Finished: 240/SqFt
  • Price Per Square Foot: $113.80

Legal Description

  • Description: REPLAT D-2 IPSWICH TWNVL COL PK SEC 4 PH II PT 1
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.79536 / -76.21935
  • Subdivision: Ipswich
  • Property Class: Residential
  • Zoning: RTH1: RESI

Amenities

  • Plus Four: 2409
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $56
  • H O A Amount: $56
  • H O A One Frequency: Monthly
  • H O A One Name: Ipswich Townvillas Association
  • H O A One Type: Condo  Owner Association
  • H O A Two Name: Ipswitch Townvillas College Park
  • H O A Two Type: Condo  Owner Association

Ownership Info

4 Drake Cir has no associated ownership info
4 Drake Cir has no associated ownership info.

Taxes

4 Drake Cir has 10 associated Taxes items

4 Drake Cir, 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 $236,900. The APN we've located for 4 Drake Cir is 0209001000440.

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Taxes
  • Assessed Value:  $236,900
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0209001000440
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Tax Amount:  2393
  • Tax Year:  2025
  • Market Value:  236900
  • Market Year:  2025

Tax History

4 Drake Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $236,900 Land Value $100,000 Improvement Value $136,900 Tax Amount $2,393 Change Rate +0.061197% Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value $223,300 Land Value $85,000 Improvement Value $138,300 Tax Amount $2,255 Change Rate +0.084343% Assessed CR Tax Rate +0.010099%
Year 2023 Assessed Value $205,900 Land Value $70,000 Improvement Value $135,900 Tax Amount $2,079.6 Change Rate +0.13007% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $182,200 Land Value $60,000 Improvement Value $122,200 Tax Amount $1,840.24 Change Rate +0.094521% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $165,600 Land Value $55,000 Improvement Value $110,600 Tax Amount $1,681.32 Change Rate +0.04931% Assessed CR Tax Rate +0.010153%
Year 2020 Assessed Value $158,300 Land Value $50,000 Improvement Value $108,300 Tax Amount $1,602.31 Change Rate +0.026918% Assessed CR Tax Rate +0.010122%
Year 2019 Assessed Value $150,700 Land Value $50,000 Improvement Value $100,700 Tax Amount $1,560.31 Change Rate +0.052415% Assessed CR Tax Rate +0.010354%
Year 2018 Assessed Value $141,200 Land Value $50,000 Improvement Value $91,200 Tax Amount $1,482.6 Change Rate -0.028224% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $149,400 Land Value $50,000 Improvement Value $99,400 Tax Amount $1,525.66 Change Rate +0.029044% Assessed CR Tax Rate +0.010212%
Year 2016 Assessed Value $141,200 Land Value $50,000 Improvement Value $91,200 Tax Amount $1,482.6 Change Rate Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $141,200 Land Value $50,000 Improvement Value $91,200 Tax Amount $1,482.6 Change Rate -0.035519% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $146,400 Land Value $50,000 Improvement Value $96,400 Tax Amount $1,537.2 Change Rate Assessed CR Tax Rate +0.0105%