Taxes
- Assessed Value: $409,600
- Assessed Year: 2025
- Assessed County: Chesapeake City
- APN: 0464003000080
- Assessed Land Value: 120000
- Market Land Value: 120000
- Tax Amount: 4137
- Tax Year: 2025
- Market Value: 409600
- Market Year: 2025
408 Rhema Rd; Chesapeake, VA Property Details
Off market
408 Rhema Rd Chesapeake, VA 23323
$409,600 Estimated Value
4 Beds
2.5 Baths
2,016 SqFt
Property Type
CondominiumProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Trust
- Owner Status: Trust
- Year Built: 2021
- Purchase Price: $419,510
- Open Loans / Balance: 1 / $324,165
- Est. Equity / %: $166,835 / 33.98%
- Gross Yield: 7.987%
- APN: 0464003000080
- Situs County: Chesapeake City
- Length Of Ownership: 4 years, 4 months
Rooms
- Bedrooms: 4
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 8
- Partial Bathrooms: 1
Structure
- Stories: 2
- Exterior Wall Type: Siding (Alum/Vinyl)
- Roof Type: Gable
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 2,016/SqFt
- Lot: 1,368/SqFt
- Garage: 218/SqFt
- Living: 2,016/SqFt
- Building: 2,016/SqFt
- Ground: 839/SqFt
- Garage Finished: 218/SqFt
- Price Per Square Foot: $208.09
Legal Description
- Description: UNIT 8 RESERVE AT GRASSFIELD CONDO PH 6
Building Insights
Land Information
- Property Type: Condominium
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Chesapeake City Public Schools
- Lat / Lon: 36.713154 / -76.30395
- Subdivision: Reserve At Grassfield
- Property Class: Residential
- Zoning: RMF1: MULT
Amenities
- Plus Four: 1267
- Cooling: Yes
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Forced air unit
HOA
- H O A One: $125
- H O A Amount: $125
- H O A One Frequency: Monthly
- H O A One Name: The Reserve At Grassfield Condo Assoc
- H O A One Type: Condo Owner Association
Ownership Info
408 Rhema Rd has no associated ownership info
408 Rhema Rd has no associated ownership info.
Taxes
408 Rhema Rd has 10 associated Taxes items
408 Rhema 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 $409,600. The APN we've located for 408 Rhema Rd is 0464003000080.
Unlock the full reportTax History
408 Rhema Rd has 4 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $409,600 | Land Value $120,000 | Improvement Value $289,600 | Tax Amount $4,137 | Change Rate +0.007059% | Assessed CR | Tax Rate +0.0101% |
| Year 2024 | Assessed Value $406,700 | Land Value $115,000 | Improvement Value $291,700 | Tax Amount $4,108 | Change Rate +0.056443% | Assessed CR | Tax Rate +0.010101% |
| Year 2023 | Assessed Value $385,000 | Land Value $110,000 | Improvement Value $275,000 | Tax Amount $3,888.52 | Change Rate +0.107601% | Assessed CR | Tax Rate +0.0101% |
| Year 2022 | Assessed Value $347,600 | Land Value $110,000 | Improvement Value $237,600 | Tax Amount $3,510.76 | Change Rate | Assessed CR | Tax Rate +0.0101% |