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424 Preservation Loop; Chesapeake, VA Property Details

424 Preservation Loop, Chesapeake, VA is a Single Family that was built in 2004. This property is currently Financed and is not for sale. Our records show that 424 Preservation Loop has 4 bedrooms, and 2.5 bathrooms, and a total of 2,894 square feet. The lot size of 424 Preservation Loop is 9,583 square feet.

Off market
424 Preservation Loop Chesapeake, VA 23320
$399,900 Listing Price
4 Beds
2.5 Baths
2,894 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2004
  • Purchase Price: $399,900
  • Open Loans / Balance: 1 / $362,359
  • Est. Equity / %: $259,641 / 41.74%
  • Gross Yield: 7.406%
  • APN: 0472019000070
  • Situs County: Chesapeake City
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Patio Type: Patio

Measurements

  • Total: 2,894/SqFt
  • Lot: 9,583/SqFt
  • Garage: 529/SqFt
  • Living: 2,894/SqFt
  • Building: 2,894/SqFt
  • Ground: 1,459/SqFt
  • Price Per Square Foot: $138.18

Legal Description

  • Description: 7 THE PRESERVE ON THE ELIZABETH PH 1
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: 36.73775 / -76.25236
  • Subdivision: The Preserve On The Elizabeth
  • Property Class: Residential
  • Zoning: PUD: PLANN

Amenities

  • Plus Four: 6993
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $86
  • H O A Amount: $86
  • H O A One Frequency: Monthly
  • H O A One Name: Preserve Elizabeth Owners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

424 Preservation Loop has no associated ownership info
424 Preservation Loop has no associated ownership info.

Taxes

424 Preservation Loop has 10 associated Taxes items

424 Preservation Loop, 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 $566,800. The APN we've located for 424 Preservation Loop is 0472019000070.

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Taxes
  • Assessed Value:  $566,800
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0472019000070
  • Assessed Land Value:  185000
  • Market Land Value:  185000
  • Tax Amount:  5725
  • Tax Year:  2025
  • Market Value:  566800
  • Market Year:  2025

Tax History

424 Preservation Loop has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $566,800 Land Value $185,000 Improvement Value $381,800 Tax Amount $5,725 Change Rate +0.033394% Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value $548,500 Land Value $180,000 Improvement Value $368,500 Tax Amount $5,540 Change Rate +0.059525% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $517,700 Land Value $180,000 Improvement Value $337,700 Tax Amount $5,228.76 Change Rate +0.139799% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $454,200 Land Value $150,000 Improvement Value $304,200 Tax Amount $4,587.44 Change Rate +0.106564% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $403,000 Land Value $130,000 Improvement Value $273,000 Tax Amount $4,145.66 Change Rate +0.021405% Assessed CR Tax Rate +0.010287%
Year 2020 Assessed Value $392,100 Land Value $125,000 Improvement Value $267,100 Tax Amount $4,058.78 Change Rate -0.01271% Assessed CR Tax Rate +0.010351%
Year 2019 Assessed Value $384,700 Land Value $125,000 Improvement Value $259,700 Tax Amount $4,111.03 Change Rate -0.005773% Assessed CR Tax Rate +0.010686%
Year 2018 Assessed Value $393,800 Land Value $125,000 Improvement Value $268,800 Tax Amount $4,134.9 Change Rate +0.065191% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $369,700 Land Value $125,000 Improvement Value $244,700 Tax Amount $3,881.84 Change Rate -0.000003% Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $369,700 Land Value $125,000 Improvement Value $244,700 Tax Amount $3,881.85 Change Rate +0.000271% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $369,600 Land Value $120,000 Improvement Value $249,600 Tax Amount $3,880.8 Change Rate Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $369,600 Land Value $120,000 Improvement Value $249,600 Tax Amount $3,880.8 Change Rate Assessed CR Tax Rate +0.0105%