Large Location Icon

703 Homestead Rd; Chesapeake, VA Property Details

703 Homestead Rd, Chesapeake, VA is a Commercial Vacant Land. This property is currently a cash purchase and is not for sale. The lot size of 703 Homestead Rd is 36,547 square feet.

Off market
700 Homestead Rd Chesapeake, VA 23321
$226,500 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $175,000
  • Open Loans / Balance: 1 / $940,000
  • APN: 0230000001070
  • Situs County: Chesapeake City
  • Length Of Ownership: 4 months

Measurements

  • Lot: 36,547/SqFt

Legal Description

  • Description: PARCEL A-3 SUBDIV OF PAR A-2 RESUB POR SUNRAY VILLAGE & PTS FMR F L & L CO 0.839AC
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.78427 / -76.41076
  • Subdivision: South Military Hwy Corridor
  • Property Class: Vacant
  • Zoning: B2: GENERA

Amenities

  • Plus Four: 2711

Ownership Info

700 Homestead Rd has no associated ownership info
700 Homestead Rd has no associated ownership info.

Taxes

700 Homestead Rd has 10 associated Taxes items

703 Homestead Rd, 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 $226,500. The APN we've located for 703 Homestead Rd is 0230000001070.

Unlock the full report
Taxes
  • Assessed Value:  $226,500
  • Assessed Year:  2026
  • Assessed County:  Chesapeake City
  • APN:  0230000001070
  • Assessed Land Value:  226500
  • Market Land Value:  226500
  • Tax Amount:  14047
  • Tax Year:  2025
  • Market Value:  226500
  • Market Year:  2026

Tax History

700 Homestead Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $226,500 Land Value $226,500 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $14,047 Change Rate -0.082015% Assessed CR Tax Rate
Year 2024 Assessed Value $1,515,000 Land Value $1,515,000 Improvement Value Tax Amount $15,302 Change Rate +0.428619% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $1,060,500 Land Value $1,060,500 Improvement Value Tax Amount $10,711.04 Change Rate Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $1,060,500 Land Value $1,060,500 Improvement Value Tax Amount $10,711.04 Change Rate -0.038095% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $1,060,500 Land Value $1,060,500 Improvement Value Tax Amount $11,135.24 Change Rate +0.254881% Assessed CR Tax Rate +0.0105%
Year 2020 Assessed Value $1,060,500 Land Value $1,060,500 Improvement Value Tax Amount $8,873.54 Change Rate +0.204018% Assessed CR Tax Rate +0.008367%
Year 2019 Assessed Value $773,300 Land Value $773,300 Improvement Value Tax Amount $7,369.94 Change Rate +1.860224% Assessed CR Tax Rate +0.009531%
Year 2018 Assessed Value $245,400 Land Value $190,500 Improvement Value $54,900 Tax Amount $2,576.7 Change Rate -0.610754% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $678,100 Land Value $678,100 Improvement Value Tax Amount $6,619.72 Change Rate +0.08176% Assessed CR Tax Rate +0.009762%
Year 2016 Assessed Value $582,800 Land Value $582,800 Improvement Value Tax Amount $6,119.4 Change Rate Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $582,800 Land Value $582,800 Improvement Value Tax Amount $6,119.4 Change Rate +1.374898% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $245,400 Land Value $190,500 Improvement Value $54,900 Tax Amount $2,576.7 Change Rate Assessed CR Tax Rate +0.0105%