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515 Schaefer Ave; Chesapeake, VA Property Details

515 Schaefer Ave, Chesapeake, VA is a Single Family that was built in 2018. This property is currently Financed,New Construction and is not for sale. Our records show that 515 Schaefer Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 3,264 square feet. The lot size of 515 Schaefer Ave is 10,846 square feet.

Off market
515 Schaefer Ave Chesapeake, VA 23321
$577,300 Estimated Value
4 Beds
3.5 Baths
3,264 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2018
  • Purchase Price: $418,777
  • Open Loans / Balance: 2 / $930,387
  • Est. Equity / %: $-332,387 / -55.58%
  • Gross Yield: 8.013%
  • APN: 0231012000720
  • Situs County: Chesapeake City
  • Length Of Ownership: 8 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 3,264/SqFt
  • Lot: 10,846/SqFt
  • Garage: 440/SqFt
  • Living: 3,264/SqFt
  • Building: 3,264/SqFt
  • Ground: 1,540/SqFt
  • Garage Finished: 440/SqFt
  • Price Per Square Foot: $128.30

Legal Description

  • Description: 72 HOMESTEAD AT BOWERS HILL PH 3
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: 36.781857 / -76.40913
  • Subdivision: Homestead At Bowers Hill
  • Property Class: Residential
  • Zoning: R10: RESID

Amenities

  • Plus Four: 2729
  • 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

515 Schaefer Ave has no associated ownership info
515 Schaefer Ave has no associated ownership info.

Taxes

515 Schaefer Ave has 10 associated Taxes items

515 Schaefer 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 $577,300. The APN we've located for 515 Schaefer Ave is 0231012000720.

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Taxes
  • Assessed Value:  $577,300
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0231012000720
  • Assessed Land Value:  130000
  • Market Land Value:  130000
  • Tax Amount:  5831
  • Tax Year:  2025
  • Market Value:  577300
  • Market Year:  2025

Tax History

515 Schaefer Ave has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $577,300 Land Value $130,000 Improvement Value $447,300 Tax Amount $5,831 Change Rate +0.035518% Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,631 Change Rate +0.072163% Assessed CR Tax Rate
Year 2023 Assessed Value $520,000 Land Value $130,000 Improvement Value $390,000 Tax Amount $5,252 Change Rate +0.092892% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $475,800 Land Value $120,000 Improvement Value $355,800 Tax Amount $4,805.6 Change Rate +0.078277% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $437,200 Land Value $120,000 Improvement Value $317,200 Tax Amount $4,456.74 Change Rate +0.026232% Assessed CR Tax Rate +0.010194%
Year 2020 Assessed Value $420,200 Land Value $110,000 Improvement Value $310,200 Tax Amount $4,342.82 Change Rate -0.015472% Assessed CR Tax Rate +0.010335%
Year 2019 Assessed Value $411,400 Land Value $110,000 Improvement Value $301,400 Tax Amount $4,411.07 Change Rate +2.819108% Assessed CR Tax Rate +0.010722%
Year 2018 Assessed Value $110,000 Land Value $110,000 Improvement Value Tax Amount $1,155 Change Rate Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $110,000 Land Value $110,000 Improvement Value Tax Amount $1,155 Change Rate Assessed CR Tax Rate +0.0105%