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509 Ferrum Ln; Chesapeake, VA Property Details

509 Ferrum Ln, Chesapeake, VA is a Single Family that was built in 1984. This property is not for sale. Our records show that 509 Ferrum Ln has 3 bedrooms, and 3.5 bathrooms, and a total of 3,525 square feet. The lot size of 509 Ferrum Ln is 15,159 square feet.

Off market
509 Ferrum Ln Chesapeake, VA 23322
$536,000 Estimated Value
3 Beds
3.5 Baths
3,525 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1984
  • Open Loans / Balance: 1 / $680,744
  • Est. Equity / %: $-93,744 / -15.97%
  • Gross Yield: 8.302%
  • APN: 0593007000140
  • Situs County: Chesapeake City

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,525/SqFt
  • Lot: 15,159/SqFt
  • Living: 3,525/SqFt
  • Building: 3,525/SqFt
  • Ground: 2,499/SqFt

Legal Description

  • Description: 73A 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: 36.705883 / -76.26996
  • Subdivision: Pines Of Warrick, Cedar Lakes
  • Property Class: Residential
  • Zoning: R12AS: RES

Amenities

  • Plus Four: 7269
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

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

509 Ferrum Ln has no associated ownership info
509 Ferrum Ln has no associated ownership info.

Taxes

509 Ferrum Ln has 10 associated Taxes items

509 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 $536,000. The APN we've located for 509 Ferrum Ln is 0593007000140.

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Taxes
  • Assessed Value:  $536,000
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0593007000140
  • Assessed Land Value:  180000
  • Market Land Value:  180000
  • Tax Amount:  5414
  • Tax Year:  2025
  • Market Value:  536000
  • Market Year:  2025

Tax History

509 Ferrum Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $536,000 Land Value $180,000 Improvement Value $356,000 Tax Amount $5,414 Change Rate +0.07677% Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value $497,800 Land Value $170,000 Improvement Value $327,800 Tax Amount $5,028 Change Rate +0.014511% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $490,700 Land Value $160,000 Improvement Value $330,700 Tax Amount $4,956.08 Change Rate +0.028079% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $477,300 Land Value $130,000 Improvement Value $347,300 Tax Amount $4,820.72 Change Rate +0.154207% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $415,700 Land Value $125,000 Improvement Value $290,700 Tax Amount $4,176.65 Change Rate +0.353664% Assessed CR Tax Rate +0.010047%
Year 2020 Assessed Value $391,800 Land Value $125,000 Improvement Value $266,800 Tax Amount $3,085.44 Change Rate -0.254847% Assessed CR Tax Rate +0.007875%
Year 2019 Assessed Value $391,800 Land Value $125,000 Improvement Value $266,800 Tax Amount $4,140.68 Change Rate -0.00215% Assessed CR Tax Rate +0.010568%
Year 2018 Assessed Value $395,200 Land Value $125,000 Improvement Value $270,200 Tax Amount $4,149.6 Change Rate +0.031315% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $385,700 Land Value $125,000 Improvement Value $260,700 Tax Amount $4,023.6 Change Rate +0.006567% Assessed CR Tax Rate +0.010432%
Year 2016 Assessed Value $380,700 Land Value $120,000 Improvement Value $260,700 Tax Amount $3,997.35 Change Rate +0.012767% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $375,900 Land Value $120,000 Improvement Value $255,900 Tax Amount $3,946.96 Change Rate +0.052944% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $357,000 Land Value $120,000 Improvement Value $237,000 Tax Amount $3,748.5 Change Rate Assessed CR Tax Rate +0.0105%