Taxes
- Assessed Value: $374,700
- Assessed Year: 2025
- Assessed County: Chesapeake City
- APN: 0464002000480
- Assessed Land Value: 120000
- Market Land Value: 120000
- Tax Amount: 3784
- Tax Year: 2025
- Market Value: 374700
- Market Year: 2025
516 Bright Red Run; Chesapeake, VA Property Details
Off market
516 Bright Red Run Chesapeake, VA 23323
$357,920 Listing Price
3 Beds
2.5 Baths
1,744 SqFt
Property Type
CondominiumProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2021
- Purchase Price: $357,920
- Open Loans / Balance: 1 / $332,215
- Est. Equity / %: $98,785 / 22.92%
- Gross Yield: 7.76%
- APN: 0464002000480
- Situs County: Chesapeake City
- Length Of Ownership: 5 years
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Stories: 2
- Roof Type: Gable
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,744/SqFt
- Lot: 885/SqFt
- Garage: 240/SqFt
- Living: 1,744/SqFt
- Building: 1,744/SqFt
- Ground: 776/SqFt
- Garage Finished: 240/SqFt
- Price Per Square Foot: $205.23
Legal Description
- Description: UNIT D CARDINAL MEADOWS CONDO PH 1 SITE 10
Building Insights
Land Information
- Property Type: Condominium
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Chesapeake City Public Schools
- Lat / Lon: 36.71629 / -76.3073
- Subdivision: Cardinal Meadows
- Property Class: Residential
- Zoning: RMF1: MULT
Amenities
- Plus Four: 5053
- Cooling: Yes
- Garage: Attached Garage
- Heating: Forced air unit
HOA
- H O A One: $125
- H O A Amount: $125
- H O A One Frequency: Monthly
- H O A One Type: Condo Owner Association
Ownership Info
516 Bright Red Run has no associated ownership info
516 Bright Red Run has no associated ownership info.
Taxes
516 Bright Red Run has 10 associated Taxes items
516 Bright Red Run, 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 $374,700. The APN we've located for 516 Bright Red Run is 0464002000480.
Unlock the full reportTax History
516 Bright Red Run has 4 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $374,700 | Land Value $120,000 | Improvement Value $254,700 | Tax Amount $3,784 | Change Rate +0.075% | Assessed CR | Tax Rate +0.010099% |
| Year 2024 | Assessed Value $348,500 | Land Value $115,000 | Improvement Value $233,500 | Tax Amount $3,520 | Change Rate -0.021298% | Assessed CR | Tax Rate +0.0101% |
| Year 2023 | Assessed Value $356,100 | Land Value $110,000 | Improvement Value $246,100 | Tax Amount $3,596.6 | Change Rate +0.036377% | Assessed CR | Tax Rate +0.0101% |
| Year 2022 | Assessed Value $343,600 | Land Value $110,000 | Improvement Value $233,600 | Tax Amount $3,470.36 | Change Rate | Assessed CR | Tax Rate +0.0101% |