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603 Schaefer Ave; Chesapeake, VA Property Details

603 Schaefer Ave, Chesapeake, VA is a Condominium that was built in 2018. This property is currently Financed and is not for sale. Our records show that 603 Schaefer Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,865 square feet. The lot size of 603 Schaefer Ave is 1,155 square feet.

Off market
603 Schaefer Ave Chesapeake, VA 23321
$312,500 Listing Price
3 Beds
2.5 Baths
1,865 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2018
  • Purchase Price: $312,500
  • Open Loans / Balance: 1 / $283,159
  • Est. Equity / %: $99,841 / 26.07%
  • Gross Yield: 8.688%
  • APN: 0231013000090
  • Situs County: Chesapeake City
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • 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: 1,865/SqFt
  • Lot: 1,155/SqFt
  • Garage: 380/SqFt
  • Living: 1,865/SqFt
  • Building: 1,865/SqFt
  • Ground: 780/SqFt
  • Garage Finished: 380/SqFt
  • Price Per Square Foot: $167.56

Legal Description

  • Description: UNIT A VILLAS AT HOMESTEAD #5 CONDO
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: 36.78376 / -76.40693
  • Subdivision: Villas At Homestead,Raeside
  • Property Class: Residential
  • Zoning: R10: RESID

Amenities

  • Plus Four: 2705
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Type: Condo  Owner Association

Ownership Info

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

Taxes

603 Schaefer Ave has 10 associated Taxes items

603 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 $343,900. The APN we've located for 603 Schaefer Ave is 0231013000090.

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Taxes
  • Assessed Value:  $343,900
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0231013000090
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Tax Amount:  3473
  • Tax Year:  2025
  • Market Value:  343900
  • Market Year:  2025

Tax History

603 Schaefer Ave has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $343,900 Land Value $100,000 Improvement Value $243,900 Tax Amount $3,473 Change Rate -0.008564% Assessed CR Tax Rate +0.010099%
Year 2024 Assessed Value $346,800 Land Value $95,000 Improvement Value $251,800 Tax Amount $3,503 Change Rate +0.062275% Assessed CR Tax Rate +0.010101%
Year 2023 Assessed Value $326,500 Land Value $90,000 Improvement Value $236,500 Tax Amount $3,297.64 Change Rate +0.128973% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $289,200 Land Value $70,000 Improvement Value $219,200 Tax Amount $2,920.92 Change Rate +0.070444% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $266,100 Land Value $70,000 Improvement Value $196,100 Tax Amount $2,728.7 Change Rate +0.008046% Assessed CR Tax Rate +0.010254%
Year 2020 Assessed Value $257,800 Land Value $70,000 Improvement Value $187,800 Tax Amount $2,706.92 Change Rate +0.056891% Assessed CR Tax Rate +0.0105%
Year 2019 Assessed Value $257,800 Land Value $70,000 Improvement Value $187,800 Tax Amount $2,561.21 Change Rate +0.019326% Assessed CR Tax Rate +0.009935%
Year 2018 Assessed Value $239,300 Land Value $60,000 Improvement Value $179,300 Tax Amount $2,512.65 Change Rate Assessed CR Tax Rate +0.0105%