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500 Fairfield Dr; Chesapeake, VA Property Details

500 Fairfield Dr, Chesapeake, VA is a Single Family that was built in 1974. This property is currently a cash purchase and is not for sale. Our records show that 500 Fairfield Dr has 4 bedrooms, and 2 bathrooms, and a total of 1,778 square feet. The lot size of 500 Fairfield Dr is 15,682 square feet.

Off market
500 Fairfield Dr Chesapeake, VA 23322
$329,900 Listing Price
4 Beds
2 Baths
1,778 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1974
  • Purchase Price: $329,900
  • Est. Equity / %: $493,000 / 100%
  • Gross Yield: 7.653%
  • APN: 0491004001640
  • Situs County: Chesapeake City
  • Length Of Ownership: 11 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Brick
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • 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: 1,778/SqFt
  • Lot: 15,682/SqFt
  • Attic: 569/SqFt
  • Garage: 569/SqFt
  • Living: 1,778/SqFt
  • Building: 1,778/SqFt
  • Ground: 1,423/SqFt
  • Attic Finished: 569/SqFt
  • Garage Finished: 569/SqFt
  • Price Per Square Foot: $185.55

Legal Description

  • Description: 164 ALBEMARLE ACRES SEC 3
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: 36.70962 / -76.19078
  • Subdivision: Albemarle Acres
  • Property Class: Residential
  • Zoning: R15S: RESI

Amenities

  • Heating Fuel Type: Electric
  • Pool: true
  • Plus Four: 3926
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Electric
  • Parking: 2

Ownership Info

500 Fairfield Dr has no associated ownership info
500 Fairfield Dr has no associated ownership info.

Taxes

500 Fairfield Dr has 10 associated Taxes items

500 Fairfield 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 $453,300. The APN we've located for 500 Fairfield Dr is 0491004001640.

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Taxes
  • Assessed Value:  $453,300
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0491004001640
  • Assessed Land Value:  185000
  • Market Land Value:  185000
  • Tax Amount:  4578
  • Tax Year:  2025
  • Market Value:  453300
  • Market Year:  2025

Tax History

500 Fairfield Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $453,300 Land Value $185,000 Improvement Value $268,300 Tax Amount $4,578 Change Rate +0.049278% Assessed CR Tax Rate +0.010099%
Year 2024 Assessed Value $432,000 Land Value $185,000 Improvement Value $247,000 Tax Amount $4,363 Change Rate +0.054119% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $409,800 Land Value $175,000 Improvement Value $234,800 Tax Amount $4,139 Change Rate +0.108772% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $369,600 Land Value $150,000 Improvement Value $219,600 Tax Amount $3,732.96 Change Rate +0.072378% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $341,800 Land Value $130,000 Improvement Value $211,800 Tax Amount $3,481.01 Change Rate +0.010441% Assessed CR Tax Rate +0.010184%
Year 2020 Assessed Value $328,100 Land Value $115,000 Improvement Value $213,100 Tax Amount $3,445.04 Change Rate +0.036483% Assessed CR Tax Rate +0.0105%
Year 2019 Assessed Value $328,100 Land Value $115,000 Improvement Value $213,100 Tax Amount $3,323.78 Change Rate +0.012314% Assessed CR Tax Rate +0.01013%
Year 2018 Assessed Value $312,700 Land Value $105,000 Improvement Value $207,700 Tax Amount $3,283.35 Change Rate +0.130101% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $276,700 Land Value $105,000 Improvement Value $171,700 Tax Amount $2,905.36 Change Rate +0.000003% Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $276,700 Land Value $105,000 Improvement Value $171,700 Tax Amount $2,905.35 Change Rate +0.081696% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $255,800 Land Value $100,000 Improvement Value $155,800 Tax Amount $2,685.92 Change Rate +0.019944% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $250,800 Land Value $95,000 Improvement Value $155,800 Tax Amount $2,633.4 Change Rate Assessed CR Tax Rate +0.0105%