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500 Schaefer Ave; Chesapeake, VA Property Details

500 Schaefer Ave, Chesapeake, VA is a Single Family that was built in 2017. This property is currently Financed,New Construction and is not for sale. Our records show that 500 Schaefer Ave has 5 bedrooms, and 3.5 bathrooms, and a total of 3,863 square feet. The lot size of 500 Schaefer Ave is 34,935 square feet.

Off market
500 Schaefer Ave Chesapeake, VA 23321
$615,400 Estimated Value
5 Beds
3.5 Baths
3,863 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2017
  • Purchase Price: $468,596
  • Open Loans / Balance: 1 / $406,039
  • Est. Equity / %: $324,961 / 44.45%
  • Gross Yield: 7.947%
  • APN: 0231012000760
  • Situs County: Chesapeake City
  • Length Of Ownership: 8 years, 4 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Attic: true

Measurements

  • Total: 3,863/SqFt
  • Lot: 34,935/SqFt
  • Attic: 621/SqFt
  • Garage: 680/SqFt
  • Living: 3,863/SqFt
  • Building: 3,863/SqFt
  • Ground: 1,540/SqFt
  • Garage Finished: 680/SqFt
  • Price Per Square Foot: $121.30

Legal Description

  • Description: 76 MORNINGSIDE AT BOWERS HILL PH 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: 36.78135 / -76.41035
  • Subdivision: Homestead At Bowers Hill
  • Property Class: Residential
  • Zoning: R10: RESID

Amenities

  • Plus Four: 2729
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit

HOA

  • H O A One: $30
  • H O A Amount: $30
  • H O A One Frequency: Monthly
  • H O A One Name: Homestead At Bowers Hill Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

500 Schaefer Ave has no associated ownership info
500 Schaefer Ave has no associated ownership info.

Taxes

500 Schaefer Ave has 10 associated Taxes items

500 Schaefer Ave, 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 $615,400. The APN we've located for 500 Schaefer Ave is 0231012000760.

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Taxes
  • Assessed Value:  $615,400
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0231012000760
  • Assessed Land Value:  130000
  • Market Land Value:  130000
  • Tax Amount:  6216
  • Tax Year:  2025
  • Market Value:  615400
  • Market Year:  2025

Tax History

500 Schaefer Ave has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $615,400 Land Value $130,000 Improvement Value $485,400 Tax Amount $6,216 Change Rate +0.061475% Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value $579,800 Land Value $130,000 Improvement Value $449,800 Tax Amount $5,856 Change Rate +0.06955% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $542,100 Land Value $130,000 Improvement Value $412,100 Tax Amount $5,475.2 Change Rate +0.100656% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $491,300 Land Value $120,000 Improvement Value $371,300 Tax Amount $4,974.49 Change Rate +0.07581% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $451,700 Land Value $120,000 Improvement Value $331,700 Tax Amount $4,623.95 Change Rate +0.008645% Assessed CR Tax Rate +0.010237%
Year 2020 Assessed Value $436,600 Land Value $110,000 Improvement Value $326,600 Tax Amount $4,584.32 Change Rate -0.013333% Assessed CR Tax Rate +0.0105%
Year 2019 Assessed Value $436,600 Land Value $110,000 Improvement Value $326,600 Tax Amount $4,646.27 Change Rate +3.022745% Assessed CR Tax Rate +0.010642%
Year 2017 Assessed Value $110,000 Land Value $110,000 Improvement Value Tax Amount $1,155 Change Rate Assessed CR Tax Rate +0.0105%