Large Location Icon

523 Nesbit Dr; Chesapeake, VA Property Details

523 Nesbit Dr, Chesapeake, VA is a Condominium that was built in 2011. This property is currently a cash purchase and is not for sale. Our records show that 523 Nesbit Dr has 2 bedrooms, and 2.5 bathrooms, and a total of 1,464 square feet. The lot size of 523 Nesbit Dr is 847 square feet.

Off market
523 Nesbit Dr Chesapeake, VA 23323
$274,700 Estimated Value
2 Beds
2.5 Baths
1,464 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2011
  • Purchase Price: $165,900
  • Est. Equity / %: $308,000 / 100%
  • Gross Yield: 8.945%
  • APN: 0442003000020
  • Situs County: Chesapeake City
  • Length Of Ownership: 14 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,464/SqFt
  • Lot: 847/SqFt
  • Living: 1,464/SqFt
  • Building: 1,464/SqFt
  • Ground: 728/SqFt
  • Price Per Square Foot: $113.32

Legal Description

  • Description: 101 BLDG 1 THE VILLAS @ CULPEPPER LNDG CONDO PH 1
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: 36.727776 / -76.35334
  • Subdivision: Culpepper Landing
  • Property Class: Residential
  • Zoning: PUD: PLANN

Amenities

  • Plus Four: 1335
  • Cooling: Yes
  • Heating: Forced air unit

HOA

  • H O A One: $66
  • H O A Amount: $66
  • H O A One Frequency: Monthly
  • H O A One Name: Culpepper Landing Condo
  • H O A One Type: Condo  Owner Association
  • H O A Two Name: Villas At Culpepper Landing Owners Association Inc
  • H O A Two Type: Condo  Owner Association

Ownership Info

523 Nesbit Dr has no associated ownership info
523 Nesbit Dr has no associated ownership info.

Taxes

523 Nesbit Dr has 10 associated Taxes items

523 Nesbit Dr, 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 $274,700. The APN we've located for 523 Nesbit Dr is 0442003000020.

Unlock the full report
Taxes
  • Assessed Value:  $274,700
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0442003000020
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Tax Amount:  2774
  • Tax Year:  2025
  • Market Value:  274700
  • Market Year:  2025

Tax History

523 Nesbit Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $274,700 Land Value $100,000 Improvement Value $174,700 Tax Amount $2,774 Change Rate +0.085714% Assessed CR Tax Rate +0.010098%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,555 Change Rate +0.066931% Assessed CR Tax Rate
Year 2023 Assessed Value $237,100 Land Value $80,000 Improvement Value $157,100 Tax Amount $2,394.72 Change Rate +0.102278% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $215,100 Land Value $70,000 Improvement Value $145,100 Tax Amount $2,172.52 Change Rate +0.063095% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $198,300 Land Value $65,000 Improvement Value $133,300 Tax Amount $2,043.58 Change Rate +0.020994% Assessed CR Tax Rate +0.010305%
Year 2020 Assessed Value $193,400 Land Value $60,000 Improvement Value $133,400 Tax Amount $2,001.56 Change Rate +0.038121% Assessed CR Tax Rate +0.010349%
Year 2019 Assessed Value $189,700 Land Value $55,000 Improvement Value $134,700 Tax Amount $1,928.06 Change Rate +0.01115% Assessed CR Tax Rate +0.010164%
Year 2018 Assessed Value $181,600 Land Value $50,000 Improvement Value $131,600 Tax Amount $1,906.8 Change Rate +0.013953% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $181,600 Land Value $50,000 Improvement Value $131,600 Tax Amount $1,880.56 Change Rate +0.014162% Assessed CR Tax Rate +0.010356%
Year 2016 Assessed Value $176,600 Land Value $45,000 Improvement Value $131,600 Tax Amount $1,854.3 Change Rate +0.029138% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $171,600 Land Value $40,000 Improvement Value $131,600 Tax Amount $1,801.8 Change Rate +0.046341% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $164,000 Land Value $40,000 Improvement Value $124,000 Tax Amount $1,722 Change Rate Assessed CR Tax Rate +0.0105%