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509 Simpson Ln; Chesapeake, VA Property Details

509 Simpson Ln, 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 509 Simpson Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,092 square feet. The lot size of 509 Simpson Ln is 4,095 square feet.

Off market
509 Simpson Ln Chesapeake, VA 23323
$349,900 Listing Price
3 Beds
2.5 Baths
2,092 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2016
  • Purchase Price: $349,900
  • Open Loans / Balance: 1 / $313,295
  • Est. Equity / %: $165,705 / 34.59%
  • Gross Yield: 8.317%
  • APN: 0442004003550
  • Situs County: Chesapeake City
  • Length Of Ownership: 5 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,092/SqFt
  • Lot: 4,095/SqFt
  • Garage: 456/SqFt
  • Living: 2,092/SqFt
  • Building: 2,092/SqFt
  • Ground: 1,003/SqFt
  • Garage Finished: 456/SqFt
  • Price Per Square Foot: $167.26

Legal Description

  • Description: 355 CULPEPPER LANDING PH 3A
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: 36.730507 / -76.35945
  • Subdivision: Culpepper Landing
  • Property Class: Residential
  • Zoning: PUD: PLANN

Amenities

  • Plus Four: 2117
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $65
  • H O A Amount: $65
  • H O A One Frequency: Monthly
  • H O A One Name: Culpepper Landing Condo
  • H O A One Type: Home Owner Association
  • H O A Two Name: Villas At Culpepper Landing Owners Association Inc
  • H O A Two Type: Home Owner Association

Ownership Info

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

Taxes

509 Simpson Ln has 10 associated Taxes items

509 Simpson 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 $461,000. The APN we've located for 509 Simpson Ln is 0442004003550.

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Taxes
  • Assessed Value:  $461,000
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0442004003550
  • Assessed Land Value:  150000
  • Market Land Value:  150000
  • Tax Amount:  4656
  • Tax Year:  2025
  • Market Value:  461000
  • Market Year:  2025

Tax History

509 Simpson Ln has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $461,000 Land Value $150,000 Improvement Value $311,000 Tax Amount $4,656 Change Rate +0.016816% Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value $453,400 Land Value $150,000 Improvement Value $303,400 Tax Amount $4,579 Change Rate +0.029442% Assessed CR Tax Rate +0.010099%
Year 2023 Assessed Value $440,400 Land Value $140,000 Improvement Value $300,400 Tax Amount $4,448.04 Change Rate +0.048571% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $420,000 Land Value $130,000 Improvement Value $290,000 Tax Amount $4,242 Change Rate +0.16485% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $362,800 Land Value $110,000 Improvement Value $252,800 Tax Amount $3,641.67 Change Rate +0.015592% Assessed CR Tax Rate +0.010038%
Year 2020 Assessed Value $341,500 Land Value $100,000 Improvement Value $241,500 Tax Amount $3,585.76 Change Rate +0.003745% Assessed CR Tax Rate +0.0105%
Year 2019 Assessed Value $341,500 Land Value $100,000 Improvement Value $241,500 Tax Amount $3,572.38 Change Rate +0.001256% Assessed CR Tax Rate +0.010461%
Year 2018 Assessed Value $339,800 Land Value $100,000 Improvement Value $239,800 Tax Amount $3,567.9 Change Rate +0.4374% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $306,900 Land Value $90,000 Improvement Value $216,900 Tax Amount $2,482.19 Change Rate +1.626656% Assessed CR Tax Rate +0.008088%
Year 2016 Assessed Value $90,000 Land Value $90,000 Improvement Value Tax Amount $945 Change Rate +0.384575% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $65,000 Land Value $65,000 Improvement Value Tax Amount $682.52 Change Rate Assessed CR Tax Rate +0.0105%