Large Location Icon

545 Bright Red Run; Chesapeake, VA Property Details

545 Bright Red Run, Chesapeake, VA is a Condominium that was built in 2021. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 545 Bright Red Run has 3 bedrooms, and 2.5 bathrooms, and a total of 1,776 square feet. The lot size of 545 Bright Red Run is 885 square feet.

Off market
545 Bright Red Run Chesapeake, VA 23323
$355,670 Listing Price
3 Beds
2.5 Baths
1,776 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2021
  • Purchase Price: $355,670
  • Est. Equity / %: $429,000 / 100%
  • Gross Yield: 7.841%
  • APN: 0464002000880
  • Situs County: Chesapeake City
  • Length Of Ownership: 4 years, 5 months

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: 885/SqFt
  • Garage: 200/SqFt
  • Living: 1,776/SqFt
  • Building: 1,776/SqFt
  • Ground: 808/SqFt
  • Garage Finished: 200/SqFt
  • Price Per Square Foot: $200.26

Legal Description

  • Description: UNIT G CARDINAL MEADOWS CONDO PH 8 SITE 15
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: 36.715805 / -76.30851
  • 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

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

Taxes

545 Bright Red Run has 10 associated Taxes items

545 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 $376,100. The APN we've located for 545 Bright Red Run is 0464002000880.

Unlock the full report
Taxes
  • Assessed Value:  $376,100
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0464002000880
  • Assessed Land Value:  120000
  • Market Land Value:  120000
  • Tax Amount:  3799
  • Tax Year:  2025
  • Market Value:  376100
  • Market Year:  2025

Tax History

545 Bright Red Run has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $376,100 Land Value $120,000 Improvement Value $256,100 Tax Amount $3,799 Change Rate +0.075595% Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value $349,700 Land Value $115,000 Improvement Value $234,700 Tax Amount $3,532 Change Rate -0.02126% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $357,300 Land Value $110,000 Improvement Value $247,300 Tax Amount $3,608.72 Change Rate +0.036845% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $344,600 Land Value $110,000 Improvement Value $234,600 Tax Amount $3,480.48 Change Rate Assessed CR Tax Rate +0.0101%