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502 Belem Dr; Chesapeake, VA Property Details

502 Belem Dr, Chesapeake, VA is a Single Family that was built in 1987. This property is currently a cash purchase and is not for sale. Our records show that 502 Belem Dr has 4 bedrooms, and 3 bathrooms, and a total of 2,961 square feet. The lot size of 502 Belem Dr is 11,151 square feet.

Off market
502 Belem Dr Chesapeake, VA 23322
$546,100 Estimated Value
4 Beds
3 Baths
2,961 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Est. Equity / %: $626,000 / 100%
  • Gross Yield: 7.739%
  • APN: 0583003000120
  • Situs County: Chesapeake City
  • Length Of Ownership: 9 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Hip
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true
  • Deck: true

Measurements

  • Total: 2,961/SqFt
  • Lot: 11,151/SqFt
  • Attic: 520/SqFt
  • Garage: 520/SqFt
  • Living: 2,961/SqFt
  • Building: 2,961/SqFt
  • Ground: 1,080/SqFt
  • Attic Finished: 520/SqFt
  • Garage Finished: 520/SqFt

Legal Description

  • Description: 12 LAS GAVIOTAS PH ONE SEC FOUR
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: 36.705173 / -76.284676
  • Subdivision: Las Gaviotas
  • Property Class: Residential
  • Zoning: R10S: RESI

Amenities

  • Plus Four: 8037
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $30
  • H O A Amount: $30
  • H O A One Frequency: Monthly
  • H O A One Name: Las Gaviotas Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

502 Belem Dr has no associated ownership info
502 Belem Dr has no associated ownership info.

Taxes

502 Belem Dr has 10 associated Taxes items

502 Belem 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 $546,100. The APN we've located for 502 Belem Dr is 0583003000120.

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Taxes
  • Assessed Value:  $546,100
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0583003000120
  • Assessed Land Value:  205000
  • Market Land Value:  205000
  • Tax Amount:  5516
  • Tax Year:  2025
  • Market Value:  546100
  • Market Year:  2025

Tax History

502 Belem Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $546,100 Land Value $205,000 Improvement Value $341,100 Tax Amount $5,516 Change Rate +0.042919% Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value $523,700 Land Value $185,000 Improvement Value $338,700 Tax Amount $5,289 Change Rate +0.03511% Assessed CR Tax Rate +0.010099%
Year 2023 Assessed Value $505,900 Land Value $165,000 Improvement Value $340,900 Tax Amount $5,109.6 Change Rate +0.138645% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $444,300 Land Value $145,000 Improvement Value $299,300 Tax Amount $4,487.44 Change Rate +0.105183% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $395,100 Land Value $125,000 Improvement Value $270,100 Tax Amount $4,060.36 Change Rate +0.017027% Assessed CR Tax Rate +0.010277%
Year 2020 Assessed Value $383,900 Land Value $125,000 Improvement Value $258,900 Tax Amount $3,992.38 Change Rate +0.003237% Assessed CR Tax Rate +0.0104%
Year 2019 Assessed Value $379,000 Land Value $125,000 Improvement Value $254,000 Tax Amount $3,979.5 Change Rate +0.001057% Assessed CR Tax Rate +0.0105%
Year 2018 Assessed Value $378,600 Land Value $125,000 Improvement Value $253,600 Tax Amount $3,975.3 Change Rate +0.061688% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $356,600 Land Value $125,000 Improvement Value $231,600 Tax Amount $3,744.32 Change Rate +0.000005% Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $356,600 Land Value $125,000 Improvement Value $231,600 Tax Amount $3,744.3 Change Rate -0.000005% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $356,600 Land Value $125,000 Improvement Value $231,600 Tax Amount $3,744.32 Change Rate +0.031834% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $345,600 Land Value $125,000 Improvement Value $220,600 Tax Amount $3,628.8 Change Rate Assessed CR Tax Rate +0.0105%