Taxes
- Assessed Value: $390,700
- Assessed Year: 2025
- Assessed County: Chesapeake City
- APN: 0491005001220
- Assessed Land Value: 185000
- Market Land Value: 185000
- Tax Amount: 3946
- Tax Year: 2025
- Market Value: 390700
- Market Year: 2025
505 Fairfield Dr; Chesapeake, VA Property Details
Off market • Pre Foreclosure ✓
505 Fairfield Dr Chesapeake, VA 23322
$439,000 Listing Price
4 Beds
2 Baths
1,633 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1974
- Purchase Price: $413,000
- Open Loans / Balance: 1 / $396,713
- Est. Equity / %: $45,287 / 10.25%
- Gross Yield: 7.471%
- APN: 0491005001220
- Situs County: Chesapeake City
- Length Of Ownership: 3 years, 5 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 7
Structure
- Building Style: Concrete
- Floor Cover Type: Wood
- Stories: 1
- Exterior Wall Type: Brick
- Distressed: true
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Good
- Roof Type: Gable
- Porch Type: Open
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
- Attic: true
- Patio Type: Patio
Measurements
- Total: 1,633/SqFt
- Lot: 18,077/SqFt
- Attic: 351/SqFt
- Garage: 351/SqFt
- Living: 1,633/SqFt
- Building: 1,633/SqFt
- Ground: 1,404/SqFt
- Garage Finished: 351/SqFt
- Attic Unfinished: 351/SqFt
- Price Per Square Foot: $252.91
Legal Description
- Description: 122 ALBEMARLE ACRES SEC 4
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: 36.709343 / -76.19003
- Subdivision: Albemarle Acres
- Property Class: Residential
- Zoning: R15S: RESI
Amenities
- Heating Fuel Type: Electric
- Plus Four: 3925
- Cooling: Yes
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Electric
- Parking: 1
Ownership Info
505 Fairfield Dr has no associated ownership info
505 Fairfield Dr has no associated ownership info.
Taxes
505 Fairfield Dr has 10 associated Taxes items
505 Fairfield 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 $390,700. The APN we've located for 505 Fairfield Dr is 0491005001220.
Unlock the full reportTax History
505 Fairfield Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $390,700 | Land Value $185,000 | Improvement Value $205,700 | Tax Amount $3,946 | Change Rate +0.04891% | Assessed CR | Tax Rate +0.0101% |
| Year 2024 | Assessed Value $372,500 | Land Value $185,000 | Improvement Value $187,500 | Tax Amount $3,762 | Change Rate +0.060878% | Assessed CR | Tax Rate +0.010099% |
| Year 2023 | Assessed Value $351,100 | Land Value $175,000 | Improvement Value $176,100 | Tax Amount $3,546.12 | Change Rate +0.205704% | Assessed CR | Tax Rate +0.0101% |
| Year 2022 | Assessed Value $291,200 | Land Value $150,000 | Improvement Value $141,200 | Tax Amount $2,941.12 | Change Rate +0.091398% | Assessed CR | Tax Rate +0.0101% |
| Year 2021 | Assessed Value $264,300 | Land Value $130,000 | Improvement Value $134,300 | Tax Amount $2,694.82 | Change Rate +0.010037% | Assessed CR | Tax Rate +0.010196% |
| Year 2020 | Assessed Value $254,100 | Land Value $115,000 | Improvement Value $139,100 | Tax Amount $2,668.04 | Change Rate +0.034501% | Assessed CR | Tax Rate +0.0105% |
| Year 2019 | Assessed Value $254,100 | Land Value $115,000 | Improvement Value $139,100 | Tax Amount $2,579.06 | Change Rate +0.011634% | Assessed CR | Tax Rate +0.01015% |
| Year 2018 | Assessed Value $242,800 | Land Value $105,000 | Improvement Value $137,800 | Tax Amount $2,549.4 | Change Rate +0.052897% | Assessed CR | Tax Rate +0.0105% |
| Year 2017 | Assessed Value $230,600 | Land Value $105,000 | Improvement Value $125,600 | Tax Amount $2,421.32 | Change Rate +0.000008% | Assessed CR | Tax Rate +0.0105% |
| Year 2016 | Assessed Value $230,600 | Land Value $105,000 | Improvement Value $125,600 | Tax Amount $2,421.3 | Change Rate +0.022163% | Assessed CR | Tax Rate +0.0105% |
| Year 2015 | Assessed Value $225,600 | Land Value $100,000 | Improvement Value $125,600 | Tax Amount $2,368.8 | Change Rate +0.022665% | Assessed CR | Tax Rate +0.0105% |
| Year 2014 | Assessed Value $220,600 | Land Value $95,000 | Improvement Value $125,600 | Tax Amount $2,316.3 | Change Rate | Assessed CR | Tax Rate +0.0105% |