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418 Rhema Rd; Chesapeake, VA Property Details

418 Rhema Rd, Chesapeake, VA is a Condominium that was built in 2021. This property is not for sale. Our records show that 418 Rhema Rd has 4 bedrooms, and 2.5 bathrooms, and a total of 2,135 square feet. The lot size of 418 Rhema Rd is 1,368 square feet.

Off market
418 Rhema Rd Chesapeake, VA 23323
$429,200 Estimated Value
4 Beds
2.5 Baths
2,135 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2021
  • Est. Equity / %: $479,000 / 100%
  • Gross Yield: 8.475%
  • APN: 0464003000040
  • Situs County: Chesapeake City

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Stories: 3
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,135/SqFt
  • Lot: 1,368/SqFt
  • Garage: 342/SqFt
  • Living: 2,135/SqFt
  • Building: 2,135/SqFt
  • Ground: 660/SqFt
  • Garage Finished: 342/SqFt

Legal Description

  • Description: UNIT 4 RESERVE AT GRASSFIELD CONDO PH 5
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: 36.713108 / -76.3044
  • 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

418 Rhema Rd has no associated ownership info
418 Rhema Rd has no associated ownership info.

Taxes

418 Rhema Rd has 10 associated Taxes items

418 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 $429,200. The APN we've located for 418 Rhema Rd is 0464003000040.

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Taxes
  • Assessed Value:  $429,200
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0464003000040
  • Assessed Land Value:  120000
  • Market Land Value:  120000
  • Tax Amount:  4335
  • Tax Year:  2025
  • Market Value:  429200
  • Market Year:  2025

Tax History

418 Rhema Rd has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $429,200 Land Value $120,000 Improvement Value $309,200 Tax Amount $4,335 Change Rate +0.0058% Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,310 Change Rate +0.080883% Assessed CR Tax Rate
Year 2023 Assessed Value $394,800 Land Value $110,000 Improvement Value $284,800 Tax Amount $3,987.48 Change Rate +0.108052% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $356,300 Land Value $110,000 Improvement Value $246,300 Tax Amount $3,598.64 Change Rate Assessed CR Tax Rate +0.0101%