Taxes
- Assessed Value: $500,800
- Assessed Year: 2025
- Assessed County: Chesapeake City
- APN: 0593007000130
- Assessed Land Value: 180000
- Market Land Value: 180000
- Tax Amount: 5058
- Tax Year: 2025
- Market Value: 500800
- Market Year: 2025
508 Ferrum Ln; Chesapeake, VA Property Details
Off market
508 Ferrum Ln Chesapeake, VA 23322
$405,000 Listing Price
4 Beds
2.5 Baths
2,624 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1984
- Purchase Price: $405,000
- Open Loans / Balance: 1 / $336,860
- Est. Equity / %: $231,140 / 40.69%
- Gross Yield: 7.344%
- APN: 0593007000130
- Situs County: Chesapeake City
- Length Of Ownership: 5 years, 7 months
Rooms
- Bedrooms: 4
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Brick
- Floor Cover Type: Carpet
- Stories: 2
- Exterior Wall Type: Siding (Alum/Vinyl)
- Interior Wall Type: Plaster
- Building Condition: Average
- Roof Type: Gable
- Pool Type: Yes
- Porch Type: Open
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
- Attic: true
Measurements
- Total: 2,624/SqFt
- Lot: 19,428/SqFt
- Attic: 396/SqFt
- Garage: 396/SqFt
- Living: 2,624/SqFt
- Building: 2,624/SqFt
- Ground: 1,073/SqFt
- Attic Finished: 396/SqFt
- Garage Finished: 396/SqFt
- Price Per Square Foot: $154.34
Legal Description
- Description: 73 PINES OF WARRICK SEC THREE
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: 36.70618 / -76.26993
- Subdivision: Pines Of Warrick, Cedar Lakes
- Property Class: Residential
- Zoning: R12AS: RES
Amenities
- Pool: true
- Plus Four: 7269
- Cooling: Yes
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Forced air unit
- Parking: 1
HOA
- H O A One: $50
- H O A Amount: $50
- H O A One Frequency: Annual
- H O A One Type: Planned Unit Development
Ownership Info
508 Ferrum Ln has no associated ownership info
508 Ferrum Ln has no associated ownership info.
Taxes
508 Ferrum Ln has 10 associated Taxes items
508 Ferrum Ln, 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 $500,800. The APN we've located for 508 Ferrum Ln is 0593007000130.
Unlock the full reportTax History
508 Ferrum Ln 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 $500,800 | Land Value $180,000 | Improvement Value $320,800 | Tax Amount $5,058 | Change Rate +0.072064% | Assessed CR | Tax Rate +0.0101% |
| Year 2024 | Assessed Value $467,100 | Land Value $170,000 | Improvement Value $297,100 | Tax Amount $4,718 | Change Rate +0.0166% | Assessed CR | Tax Rate +0.010101% |
| Year 2023 | Assessed Value $459,500 | Land Value $160,000 | Improvement Value $299,500 | Tax Amount $4,640.96 | Change Rate +0.045271% | Assessed CR | Tax Rate +0.0101% |
| Year 2022 | Assessed Value $439,600 | Land Value $130,000 | Improvement Value $309,600 | Tax Amount $4,439.96 | Change Rate +0.183141% | Assessed CR | Tax Rate +0.0101% |
| Year 2021 | Assessed Value $378,100 | Land Value $125,000 | Improvement Value $253,100 | Tax Amount $3,752.69 | Change Rate +0.019686% | Assessed CR | Tax Rate +0.009925% |
| Year 2020 | Assessed Value $350,500 | Land Value $125,000 | Improvement Value $225,500 | Tax Amount $3,680.24 | Change Rate -0.003841% | Assessed CR | Tax Rate +0.0105% |
| Year 2019 | Assessed Value $350,500 | Land Value $125,000 | Improvement Value $225,500 | Tax Amount $3,694.43 | Change Rate -0.001276% | Assessed CR | Tax Rate +0.01054% |
| Year 2018 | Assessed Value $352,300 | Land Value $125,000 | Improvement Value $227,300 | Tax Amount $3,699.15 | Change Rate +0.053211% | Assessed CR | Tax Rate +0.0105% |
| Year 2017 | Assessed Value $337,000 | Land Value $125,000 | Improvement Value $212,000 | Tax Amount $3,512.26 | Change Rate +0.007533% | Assessed CR | Tax Rate +0.010422% |
| Year 2016 | Assessed Value $332,000 | Land Value $120,000 | Improvement Value $212,000 | Tax Amount $3,486 | Change Rate +0.011267% | Assessed CR | Tax Rate +0.0105% |
| Year 2015 | Assessed Value $328,300 | Land Value $120,000 | Improvement Value $208,300 | Tax Amount $3,447.16 | Change Rate +0.047212% | Assessed CR | Tax Rate +0.0105% |
| Year 2014 | Assessed Value $313,500 | Land Value $120,000 | Improvement Value $193,500 | Tax Amount $3,291.75 | Change Rate | Assessed CR | Tax Rate +0.0105% |