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527 Bright Red Run; Chesapeake, VA Property Details

527 Bright Red Run, Chesapeake, VA is a Condominium that was built in 2021. This property is currently a cash purchase and is not for sale. Our records show that 527 Bright Red Run has 3 bedrooms, and 2.5 bathrooms, and a total of 1,776 square feet. The lot size of 527 Bright Red Run is 880 square feet.

Off market
527 Bright Red Run Chesapeake, VA 23323
$387,900 Estimated Value
3 Beds
2.5 Baths
1,776 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2021
  • Purchase Price: $736,000
  • Est. Equity / %: $407,000 / 100%
  • Gross Yield: 8.845%
  • APN: 0464002000580
  • 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: 1,776/SqFt
  • Lot: 880/SqFt
  • Garage: 200/SqFt
  • Living: 1,776/SqFt
  • Building: 1,776/SqFt
  • Ground: 808/SqFt
  • Garage Finished: 200/SqFt
  • Price Per Square Foot: $414.41

Legal Description

  • Description: UNIT H CARDINAL MEADOWS CONDO PH 6 SITE 12
Building Insights

Land Information

  • Property Type: Condominium
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.715866 / -76.307755
  • 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

527 Bright Red Run has no associated ownership info
527 Bright Red Run has no associated ownership info.

Taxes

527 Bright Red Run has 10 associated Taxes items

527 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 $387,900. The APN we've located for 527 Bright Red Run is 0464002000580.

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Taxes
  • Assessed Value:  $387,900
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0464002000580
  • Assessed Land Value:  120000
  • Market Land Value:  120000
  • Tax Amount:  3641
  • Tax Year:  2024
  • Market Value:  387900
  • Market Year:  2025

Tax History

527 Bright Red Run has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $387,900 Land Value $120,000 Improvement Value $267,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $360,500 Land Value $115,000 Improvement Value $245,500 Tax Amount $3,641 Change Rate -0.022519% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $368,800 Land Value $110,000 Improvement Value $258,800 Tax Amount $3,724.88 Change Rate +0.042096% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $344,600 Land Value $110,000 Improvement Value $234,600 Tax Amount $3,574.41 Change Rate Assessed CR Tax Rate +0.010373%