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505 Butterfly Dr; Chesapeake, VA Property Details

505 Butterfly Dr, Chesapeake, VA is a Single Family that was built in 1992. This property is currently Financed and is not for sale. Our records show that 505 Butterfly Dr has 5 bedrooms, and 4 bathrooms, and a total of 3,389 square feet. The lot size of 505 Butterfly Dr is 10,803 square feet.

Off market  •   Pre Probate ✓
505 Butterfly Dr Chesapeake, VA 23322
$634,900 Listing Price
5 Beds
4 Baths
3,389 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1992
  • Purchase Price: $440,000
  • Open Loans / Balance: 1 / $536,225
  • Est. Equity / %: $76,775 / 12.52%
  • Gross Yield: 8.005%
  • APN: 0594001000640
  • Situs County: Chesapeake City
  • Length Of Ownership: 6 years, 9 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 10

Structure

  • Building Style: Brick
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Unsound
  • Roof Type: Hip
  • Porch Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true
  • Deck: true

Measurements

  • Total: 3,389/SqFt
  • Lot: 10,803/SqFt
  • Attic: 63/SqFt
  • Garage: 488/SqFt
  • Living: 3,389/SqFt
  • Building: 3,389/SqFt
  • Ground: 1,013/SqFt
  • Attic Finished: 63/SqFt
  • Garage Finished: 488/SqFt
  • Price Per Square Foot: $129.83

Legal Description

  • Description: 64 FOXGATE QUARTER SEC 2-A
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: 36.70419 / -76.256325
  • Subdivision: Foxgate Quarter, Wilson Heights West
  • Property Class: Residential
  • Zoning: R10S: RESI

Amenities

  • Plus Four: 7218
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

505 Butterfly Dr has no associated ownership info
505 Butterfly Dr has no associated ownership info.

Taxes

505 Butterfly Dr has 10 associated Taxes items

505 Butterfly Dr, Chesapeake, VA pays taxes in Chesapeake City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $590,000. The APN we've located for 505 Butterfly Dr is 0594001000640.

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Taxes
  • Assessed Value:  $590,000
  • Assessed Year:  2026
  • Assessed County:  Chesapeake City
  • APN:  0594001000640
  • Assessed Land Value:  190000
  • Market Land Value:  200000
  • Tax Amount:  5959
  • Tax Year:  2025
  • Market Value:  612800
  • Market Year:  2026

Tax History

505 Butterfly Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $612,800 Land Value $200,000 Improvement Value $412,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,959 Change Rate +0.041783% Assessed CR Tax Rate
Year 2024 Assessed Value $566,300 Land Value $180,000 Improvement Value $386,300 Tax Amount $5,720 Change Rate +0.022824% Assessed CR Tax Rate +0.010101%
Year 2023 Assessed Value $553,700 Land Value $170,000 Improvement Value $383,700 Tax Amount $5,592.36 Change Rate +0.134399% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $488,100 Land Value $150,000 Improvement Value $338,100 Tax Amount $4,929.8 Change Rate +0.093967% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $435,400 Land Value $130,000 Improvement Value $305,400 Tax Amount $4,506.35 Change Rate +0.03447% Assessed CR Tax Rate +0.01035%
Year 2020 Assessed Value $427,100 Land Value $120,000 Improvement Value $307,100 Tax Amount $4,356.19 Change Rate +0.00992% Assessed CR Tax Rate +0.010199%
Year 2019 Assessed Value $410,800 Land Value $120,000 Improvement Value $290,800 Tax Amount $4,313.4 Change Rate Assessed CR Tax Rate +0.0105%
Year 2018 Assessed Value $410,800 Land Value $120,000 Improvement Value $290,800 Tax Amount $4,313.4 Change Rate +0.034498% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $395,100 Land Value $120,000 Improvement Value $275,100 Tax Amount $4,169.56 Change Rate -0.005009% Assessed CR Tax Rate +0.010553%
Year 2016 Assessed Value $399,100 Land Value $124,000 Improvement Value $275,100 Tax Amount $4,190.55 Change Rate +0.027549% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $388,400 Land Value $124,000 Improvement Value $264,400 Tax Amount $4,078.2 Change Rate Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $388,400 Land Value $124,000 Improvement Value $264,400 Tax Amount $4,078.2 Change Rate Assessed CR Tax Rate +0.0105%