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559 Schaefer Ave; Chesapeake, VA Property Details

559 Schaefer Ave, Chesapeake, VA is a Single Family that was built in 2018. This property is currently Financed and is not for sale. Our records show that 559 Schaefer Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 3,228 square feet. The lot size of 559 Schaefer Ave is 12,371 square feet.

Off market
559 Schaefer Ave Chesapeake, VA 23321
$455,000 Listing Price
4 Beds
2.5 Baths
3,228 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2018
  • Purchase Price: $455,000
  • Open Loans / Balance: 1 / $419,444
  • Est. Equity / %: $143,556 / 25.5%
  • Gross Yield: 8.536%
  • APN: 0231011000450
  • Situs County: Chesapeake City
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 11
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,228/SqFt
  • Lot: 12,371/SqFt
  • Garage: 440/SqFt
  • Living: 3,228/SqFt
  • Building: 3,228/SqFt
  • Ground: 1,540/SqFt
  • Garage Finished: 440/SqFt
  • Price Per Square Foot: $140.95

Legal Description

  • Description: 45 HOMESTEAD AT BOWERS HILL PH 1
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: 36.783333 / -76.4071
  • Subdivision: Homestead At Bowers Hill
  • Property Class: Residential
  • Zoning: R10: RESID

Amenities

  • Plus Four: 2729
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $30
  • H O A Amount: $30
  • H O A One Frequency: Monthly
  • H O A One Name: Homestead At Bowers Hill Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

559 Schaefer Ave has no associated ownership info
559 Schaefer Ave has no associated ownership info.

Taxes

559 Schaefer Ave has 10 associated Taxes items

559 Schaefer Ave, 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 $558,100. The APN we've located for 559 Schaefer Ave is 0231011000450.

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Taxes
  • Assessed Value:  $558,100
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0231011000450
  • Assessed Land Value:  130000
  • Market Land Value:  130000
  • Tax Amount:  5637
  • Tax Year:  2025
  • Market Value:  558100
  • Market Year:  2025

Tax History

559 Schaefer Ave has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $558,100 Land Value $130,000 Improvement Value $428,100 Tax Amount $5,637 Change Rate +0.039462% Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value $536,900 Land Value $130,000 Improvement Value $406,900 Tax Amount $5,423 Change Rate +0.073428% Assessed CR Tax Rate +0.010101%
Year 2023 Assessed Value $500,200 Land Value $130,000 Improvement Value $370,200 Tax Amount $5,052.04 Change Rate +0.094776% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $456,900 Land Value $120,000 Improvement Value $336,900 Tax Amount $4,614.68 Change Rate +0.050663% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $418,300 Land Value $120,000 Improvement Value $298,300 Tax Amount $4,392.16 Change Rate +0.041843% Assessed CR Tax Rate +0.0105%
Year 2020 Assessed Value $401,500 Land Value $110,000 Improvement Value $291,500 Tax Amount $4,215.76 Change Rate -0.021209% Assessed CR Tax Rate +0.0105%
Year 2019 Assessed Value $401,500 Land Value $110,000 Improvement Value $291,500 Tax Amount $4,307.11 Change Rate +7.204019% Assessed CR Tax Rate +0.010728%
Year 2018 Assessed Value $50,000 Land Value $50,000 Improvement Value Tax Amount $525 Change Rate -0.545455% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $110,000 Land Value $110,000 Improvement Value Tax Amount $1,155 Change Rate Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $110,000 Land Value $110,000 Improvement Value Tax Amount $1,155 Change Rate +1.2% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $50,000 Land Value $50,000 Improvement Value Tax Amount $525 Change Rate Assessed CR Tax Rate +0.0105%