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500 Walts Ln; Chesapeake, VA Property Details

500 Walts Ln, Chesapeake, VA is a Condominium that was built in 2022. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 500 Walts Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,791 square feet. The lot size of 500 Walts Ln is 880 square feet.

Off market
500 Walts Ln Chesapeake, VA 23323
$391,600 Estimated Value
3 Beds
2.5 Baths
1,791 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2022
  • Purchase Price: $386,045
  • Est. Equity / %: $434,000 / 100%
  • Gross Yield: 8.372%
  • APN: 0464002000660
  • Situs County: Chesapeake City
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,791/SqFt
  • Lot: 880/SqFt
  • Garage: 200/SqFt
  • Living: 1,791/SqFt
  • Building: 1,791/SqFt
  • Ground: 808/SqFt
  • Garage Finished: 200/SqFt
  • Price Per Square Foot: $215.55

Legal Description

  • Description: UNIT A CARDINAL MEADOWS CONDO PH 12 SITE 13
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: 36.715633 / -76.30772
  • Subdivision: Cardinal Meadows
  • Property Class: Residential
  • Zoning: RMF1: MULT

Amenities

  • Plus Four: 1596
  • Cooling: Yes
  • 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 Type: Condo  Owner Association

Ownership Info

500 Walts Ln has no associated ownership info
500 Walts Ln has no associated ownership info.

Taxes

500 Walts Ln has 10 associated Taxes items

500 Walts Ln, 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 $391,600. The APN we've located for 500 Walts Ln is 0464002000660.

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Taxes
  • Assessed Value:  $391,600
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0464002000660
  • Assessed Land Value:  120000
  • Market Land Value:  120000
  • Tax Amount:  3955
  • Tax Year:  2025
  • Market Value:  391600
  • Market Year:  2025

Tax History

500 Walts Ln has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $391,600 Land Value $120,000 Improvement Value $271,600 Tax Amount $3,955 Change Rate +0.072106% Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value $365,200 Land Value $115,000 Improvement Value $250,200 Tax Amount $3,689 Change Rate -0.016036% Assessed CR Tax Rate +0.010101%
Year 2023 Assessed Value $371,200 Land Value $110,000 Improvement Value $261,200 Tax Amount $3,749.12 Change Rate +0.042186% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $346,800 Land Value $110,000 Improvement Value $236,800 Tax Amount $3,597.36 Change Rate Assessed CR Tax Rate +0.010373%