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524 Waters Rd; Chesapeake, VA Property Details

524 Waters Rd, Chesapeake, VA is a Single Family that was built in 1968. This property is currently Financed and is not for sale. Our records show that 524 Waters Rd has 2 bedrooms, and 1 bathroom, and a total of 1,104 square feet. The lot size of 524 Waters Rd is 11,238 square feet.

Off market
524 Waters Rd Chesapeake, VA 23322
$229,000 Listing Price
2 Beds
1 Baths
1,104 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1968
  • Purchase Price: $229,000
  • Open Loans / Balance: 2 / $210,179
  • Est. Equity / %: $101,821 / 32.63%
  • Gross Yield: 8.869%
  • APN: 0592001001980
  • Situs County: Chesapeake City
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Asbestos shingle
  • Building Condition: Fair
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,104/SqFt
  • Lot: 11,238/SqFt
  • Garage: 576/SqFt
  • Living: 1,104/SqFt
  • Building: 1,104/SqFt
  • Ground: 960/SqFt
  • Price Per Square Foot: $207.43

Legal Description

  • Description: 7A 7B 7C HOMEMONT BLK 10
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: 36.704834 / -76.273964
  • Subdivision: Scenic Acres, Homemont
  • Property Class: Residential
  • Zoning: R15S: RESI

Amenities

  • Plus Four: 7342
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Hot Water
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

524 Waters Rd has no associated ownership info
524 Waters Rd has no associated ownership info.

Taxes

524 Waters Rd has 10 associated Taxes items

524 Waters Rd, 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 $312,900. The APN we've located for 524 Waters Rd is 0592001001980.

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Taxes
  • Assessed Value:  $312,900
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0592001001980
  • Assessed Land Value:  175000
  • Market Land Value:  175000
  • Tax Amount:  3160
  • Tax Year:  2025
  • Market Value:  312900
  • Market Year:  2025

Tax History

524 Waters Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $312,900 Land Value $175,000 Improvement Value $137,900 Tax Amount $3,160 Change Rate +0.103352% Assessed CR Tax Rate +0.010099%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,864 Change Rate +0.008053% Assessed CR Tax Rate
Year 2023 Assessed Value $281,300 Land Value $155,000 Improvement Value $126,300 Tax Amount $2,841.12 Change Rate +0.127894% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $249,400 Land Value $125,000 Improvement Value $124,400 Tax Amount $2,518.96 Change Rate +0.15309% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $218,100 Land Value $125,000 Improvement Value $93,100 Tax Amount $2,184.53 Change Rate +0.03148% Assessed CR Tax Rate +0.010016%
Year 2020 Assessed Value $204,700 Land Value $115,000 Improvement Value $89,700 Tax Amount $2,117.86 Change Rate +0.077457% Assessed CR Tax Rate +0.010346%
Year 2019 Assessed Value $200,700 Land Value $115,000 Improvement Value $85,700 Tax Amount $1,965.61 Change Rate +0.024636% Assessed CR Tax Rate +0.009794%
Year 2018 Assessed Value $182,700 Land Value $110,000 Improvement Value $72,700 Tax Amount $1,918.35 Change Rate +0.038956% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $180,000 Land Value $110,000 Improvement Value $70,000 Tax Amount $1,846.42 Change Rate +0.024167% Assessed CR Tax Rate +0.010258%
Year 2016 Assessed Value $171,700 Land Value $105,000 Improvement Value $66,700 Tax Amount $1,802.85 Change Rate +0.034337% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $166,000 Land Value $100,000 Improvement Value $66,000 Tax Amount $1,743 Change Rate +0.012195% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $164,000 Land Value $100,000 Improvement Value $64,000 Tax Amount $1,722 Change Rate Assessed CR Tax Rate +0.0105%