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505 Madera Rd; Chesapeake, VA Property Details

505 Madera Rd, 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 Madera Rd has 4 bedrooms, and 2.5 bathrooms, and a total of 2,824 square feet. The lot size of 505 Madera Rd is 19,210 square feet.

Off market
505 Madera Rd Chesapeake, VA 23322
$543,400 Estimated Value
4 Beds
2.5 Baths
2,824 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1992
  • Purchase Price: $240,000
  • Est. Equity / %: $628,000 / 100%
  • Gross Yield: 7.093%
  • APN: 0584002000520
  • Situs County: Chesapeake City
  • Length Of Ownership: 23 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Unsound
  • Roof Type: Hip
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true
  • Deck: true

Measurements

  • Total: 2,824/SqFt
  • Lot: 19,210/SqFt
  • Attic: 462/SqFt
  • Garage: 462/SqFt
  • Living: 2,824/SqFt
  • Building: 2,824/SqFt
  • Ground: 2,029/SqFt
  • Attic Finished: 462/SqFt
  • Garage Finished: 462/SqFt
  • Price Per Square Foot: $84.99

Legal Description

  • Description: 52 LAS GAVIOTAS PH 4 SEC 3B
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: 36.715874 / -76.291245
  • Subdivision: Las Gaviotas
  • Property Class: Residential
  • Zoning: R10S: RESI

Amenities

  • Plus Four: 7152
  • 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

505 Madera Rd has no associated ownership info
505 Madera Rd has no associated ownership info.

Taxes

505 Madera Rd has 10 associated Taxes items

505 Madera Rd, 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 $543,400. The APN we've located for 505 Madera Rd is 0584002000520.

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Taxes
  • Assessed Value:  $543,400
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0584002000520
  • Assessed Land Value:  205000
  • Market Land Value:  205000
  • Tax Amount:  5488
  • Tax Year:  2025
  • Market Value:  543400
  • Market Year:  2025

Tax History

505 Madera Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $543,400 Land Value $205,000 Improvement Value $338,400 Tax Amount $5,488 Change Rate +0.043148% Assessed CR Tax Rate +0.010099%
Year 2024 Assessed Value $520,900 Land Value $185,000 Improvement Value $335,900 Tax Amount $5,261 Change Rate +0.035981% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $502,800 Land Value $165,000 Improvement Value $337,800 Tax Amount $5,078.28 Change Rate +0.138587% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $441,600 Land Value $145,000 Improvement Value $296,600 Tax Amount $4,460.16 Change Rate +0.105831% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $392,600 Land Value $125,000 Improvement Value $267,600 Tax Amount $4,033.31 Change Rate +0.017413% Assessed CR Tax Rate +0.010273%
Year 2020 Assessed Value $381,300 Land Value $125,000 Improvement Value $256,300 Tax Amount $3,964.28 Change Rate +0.003321% Assessed CR Tax Rate +0.010397%
Year 2019 Assessed Value $376,300 Land Value $125,000 Improvement Value $251,300 Tax Amount $3,951.16 Change Rate +0.000003% Assessed CR Tax Rate +0.0105%
Year 2018 Assessed Value $376,300 Land Value $125,000 Improvement Value $251,300 Tax Amount $3,951.15 Change Rate +0.060302% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $354,900 Land Value $120,000 Improvement Value $234,900 Tax Amount $3,726.44 Change Rate -0.000003% Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $354,900 Land Value $120,000 Improvement Value $234,900 Tax Amount $3,726.45 Change Rate +0.022761% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $347,000 Land Value $120,000 Improvement Value $227,000 Tax Amount $3,643.52 Change Rate +0.019395% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $340,400 Land Value $120,000 Improvement Value $220,400 Tax Amount $3,574.2 Change Rate Assessed CR Tax Rate +0.0105%