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505 Raeside Ave; Chesapeake, VA Property Details

505 Raeside Ave, Chesapeake, VA is a Single Family that was built in 2016. This property is currently Financed and is not for sale. Our records show that 505 Raeside Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 2,536 square feet. The lot size of 505 Raeside Ave is 10,498 square feet.

Off market
505 Raeside Ave Chesapeake, VA 23321
$410,000 Listing Price
4 Beds
3.5 Baths
2,536 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2016
  • Purchase Price: $410,000
  • Open Loans / Balance: 1 / $361,644
  • Est. Equity / %: $191,356 / 34.6%
  • Gross Yield: 7.369%
  • APN: 0231011000290
  • Situs County: Chesapeake City
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Patio Type: Patio

Measurements

  • Total: 2,536/SqFt
  • Lot: 10,498/SqFt
  • Garage: 400/SqFt
  • Living: 2,536/SqFt
  • Building: 2,536/SqFt
  • Ground: 1,156/SqFt
  • Price Per Square Foot: $161.67

Legal Description

  • Description: 29 HOMESTEAD AT BOWERS HILL PH 1
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: 36.78205 / -76.40574
  • Subdivision: Homestead At Bowers Hill
  • Property Class: Residential
  • Zoning: R10: RESID

Amenities

  • Plus Four: 2731
  • 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: Homestead At Bowers Hill Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

505 Raeside Ave has no associated ownership info
505 Raeside Ave has no associated ownership info.

Taxes

505 Raeside Ave has 10 associated Taxes items

505 Raeside Ave, 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 $508,400. The APN we've located for 505 Raeside Ave is 0231011000290.

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Taxes
  • Assessed Value:  $508,400
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0231011000290
  • Assessed Land Value:  130000
  • Market Land Value:  130000
  • Tax Amount:  5135
  • Tax Year:  2025
  • Market Value:  508400
  • Market Year:  2025

Tax History

505 Raeside Ave has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $508,400 Land Value $130,000 Improvement Value $378,400 Tax Amount $5,135 Change Rate +0.036955% Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,952 Change Rate +0.070286% Assessed CR Tax Rate
Year 2023 Assessed Value $458,100 Land Value $130,000 Improvement Value $328,100 Tax Amount $4,626.8 Change Rate +0.092535% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $419,300 Land Value $120,000 Improvement Value $299,300 Tax Amount $4,234.92 Change Rate +0.074531% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $386,600 Land Value $120,000 Improvement Value $266,600 Tax Amount $3,941.18 Change Rate +0.010093% Assessed CR Tax Rate +0.010194%
Year 2020 Assessed Value $371,600 Land Value $110,000 Improvement Value $261,600 Tax Amount $3,901.8 Change Rate Assessed CR Tax Rate +0.0105%
Year 2019 Assessed Value $371,600 Land Value $110,000 Improvement Value $261,600 Tax Amount $3,901.8 Change Rate -0.002951% Assessed CR Tax Rate +0.0105%
Year 2018 Assessed Value $372,700 Land Value $110,000 Improvement Value $262,700 Tax Amount $3,913.35 Change Rate +0.010434% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $372,700 Land Value $110,000 Improvement Value $262,700 Tax Amount $3,872.94 Change Rate +0.010552% Assessed CR Tax Rate +0.010392%
Year 2016 Assessed Value $365,000 Land Value $110,000 Improvement Value $255,000 Tax Amount $3,832.5 Change Rate +3.055556% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $90,000 Land Value $90,000 Improvement Value Tax Amount $945 Change Rate Assessed CR Tax Rate +0.0105%