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556 Margaret Dr; Chesapeake, VA Property Details

556 Margaret Dr, Chesapeake, VA is a Single Family that was built in 1978. This property is currently Financed and is not for sale. Our records show that 556 Margaret Dr has 4 bedrooms, and 3 bathrooms, and a total of 4,096 square feet. The lot size of 556 Margaret Dr is 150,456 square feet.

Off market
556 Margaret Dr Chesapeake, VA 23322
$708,900 Estimated Value
4 Beds
3 Baths
4,096 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1978
  • Purchase Price: $54,500
  • Open Loans / Balance: 2 / $120,625
  • Est. Equity / %: $608,375 / 83.45%
  • Gross Yield: 6.591%
  • APN: 0771004000790
  • Situs County: Chesapeake City
  • Length Of Ownership: 25 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 10

Structure

  • Building Style: Brick
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Gable
  • Pool Type: Vinyl In-ground Pool
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 4,096/SqFt
  • Lot: 150,456/SqFt
  • Garage: 208/SqFt
  • Living: 4,096/SqFt
  • Building: 4,096/SqFt
  • Ground: 1,878/SqFt
  • Price Per Square Foot: $13.31

Legal Description

  • Description: 79 KING JAMES COLONY SEC A-5 3.454 AC
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: 36.68515 / -76.1107
  • Subdivision: Blackwater Forest, King James Colony
  • Property Class: Residential
  • Zoning: A1: AGRICU

Amenities

  • Pool: true
  • Plus Four: 1316
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

556 Margaret Dr has no associated ownership info
556 Margaret Dr has no associated ownership info.

Taxes

556 Margaret Dr has 10 associated Taxes items

556 Margaret Dr, Chesapeake, VA pays taxes in Chesapeake City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $708,900. The APN we've located for 556 Margaret Dr is 0771004000790.

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Taxes
  • Assessed Value:  $708,900
  • Assessed Year:  2026
  • Assessed County:  Chesapeake City
  • APN:  0771004000790
  • Assessed Land Value:  269400
  • Market Land Value:  269400
  • Tax Amount:  6892
  • Tax Year:  2025
  • Market Value:  708900
  • Market Year:  2026

Tax History

556 Margaret Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $708,900 Land Value $269,400 Improvement Value $439,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,892 Change Rate +0.10272% Assessed CR Tax Rate
Year 2024 Assessed Value $618,800 Land Value $218,900 Improvement Value $399,900 Tax Amount $6,250 Change Rate -0.024882% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $634,600 Land Value $188,900 Improvement Value $445,700 Tax Amount $6,409.48 Change Rate +0.135853% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $558,700 Land Value $168,900 Improvement Value $389,800 Tax Amount $5,642.88 Change Rate +0.099848% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $507,900 Land Value $153,400 Improvement Value $354,500 Tax Amount $5,130.6 Change Rate +0.006851% Assessed CR Tax Rate +0.010102%
Year 2020 Assessed Value $494,600 Land Value $153,400 Improvement Value $341,200 Tax Amount $5,095.69 Change Rate +0.031735% Assessed CR Tax Rate +0.010303%
Year 2019 Assessed Value $481,700 Land Value $137,700 Improvement Value $344,000 Tax Amount $4,938.95 Change Rate +0.008093% Assessed CR Tax Rate +0.010253%
Year 2018 Assessed Value $466,600 Land Value $137,300 Improvement Value $329,300 Tax Amount $4,899.3 Change Rate +0.056612% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $451,900 Land Value $137,300 Improvement Value $314,600 Tax Amount $4,636.8 Change Rate +0.023881% Assessed CR Tax Rate +0.010261%
Year 2016 Assessed Value $431,300 Land Value $137,300 Improvement Value $294,000 Tax Amount $4,528.65 Change Rate +0.003023% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $430,000 Land Value $137,300 Improvement Value $292,700 Tax Amount $4,515 Change Rate Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $430,000 Land Value $137,300 Improvement Value $292,700 Tax Amount $4,515 Change Rate Assessed CR Tax Rate +0.0105%