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5048 Corolla Dr; Chesapeake, VA Property Details

5048 Corolla Dr, Chesapeake, VA is a Single Family that was built in 2024. This property is currently Financed,New Construction and is not for sale. Our records show that 5048 Corolla Dr has 4 bedrooms, and 4 bathrooms, and a total of 2,871 square feet. The lot size of 5048 Corolla Dr is 8,059 square feet.

Off market
5048 Corolla Dr Chesapeake, VA 23321
$85,000 Listing Price
4 Beds
4 Baths
2,871 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2024
  • Purchase Price: $597,690
  • Open Loans / Balance: 1 / $430,783
  • Est. Equity / %: $192,217 / 30.85%
  • Gross Yield: 6.636%
  • APN: 0151018001450
  • Situs County: Chesapeake City
  • Length Of Ownership: 2 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 10

Structure

  • Stories: 1.5
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,871/SqFt
  • Lot: 8,059/SqFt
  • Gross: 2,871/SqFt
  • Living: 2,871/SqFt
  • Building: 2,871/SqFt
  • Price Per Square Foot: $208.18

Legal Description

  • Description: 145 JOLLIFF LANDING AT WESTERN BRANCH PH 2
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.8244 / -76.451065
  • Subdivision: Jolliff Landing At Western Branch
  • Property Class: Residential
  • Zoning: PUD: PLANN

Amenities

  • Plus Four: 1445
  • Cooling: Yes
  • Heating: Forced air unit

HOA

  • H O A One: $80
  • H O A Amount: $80
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

5048 Corolla Dr has no associated ownership info
5048 Corolla Dr has no associated ownership info.

Taxes

5048 Corolla Dr has 10 associated Taxes items

5048 Corolla 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 $579,700. The APN we've located for 5048 Corolla Dr is 0151018001450.

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Taxes
  • Assessed Value:  $579,700
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0151018001450
  • Assessed Land Value:  155000
  • Market Land Value:  155000
  • Tax Amount:  5555
  • Tax Year:  2024
  • Market Value:  579700
  • Market Year:  2025

Tax History

5048 Corolla Dr has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $579,700 Land Value $155,000 Improvement Value $424,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,555 Change Rate +2.928571% Assessed CR Tax Rate
Year 2023 Assessed Value $140,000 Land Value $140,000 Improvement Value Tax Amount $1,414 Change Rate +0.076923% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $130,000 Land Value $130,000 Improvement Value Tax Amount $1,313 Change Rate Assessed CR Tax Rate +0.0101%