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703 Milby Dr; Chesapeake, VA Property Details

703 Milby Dr, Chesapeake, VA is a Single Family that was built in 1985. This property is currently Financed and is not for sale. Our records show that 703 Milby Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,088 square feet. The lot size of 703 Milby Dr is 5,489 square feet.

Off market
703 Milby Dr Chesapeake, VA 23325
$300,000 Listing Price
3 Beds
2 Baths
1,088 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1985
  • Purchase Price: $300,000
  • Open Loans / Balance: 1 / $304,528
  • Est. Equity / %: $-13,528 / -4.65%
  • Gross Yield: 8.082%
  • APN: 0205001001640
  • Situs County: Chesapeake City
  • Length Of Ownership: 1 year

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Brick
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Hip
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 1,088/SqFt
  • Lot: 5,489/SqFt
  • Garage: 504/SqFt
  • Living: 1,088/SqFt
  • Building: 1,088/SqFt
  • Ground: 1,088/SqFt
  • Garage Finished: 252/SqFt
  • Price Per Square Foot: $275.74

Legal Description

  • Description: 13-14 BLK 12 I R H SITES SEC 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: 36.80162 / -76.23143
  • Subdivision: Indian River Homesites
  • Property Class: Residential
  • Zoning: R6: RESIDE

Amenities

  • Plus Four: 5030
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $62
  • H O A Amount: $62
  • H O A One Frequency: Monthly
  • H O A One Name: Cheshire Forest Homeowners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

703 Milby Dr has no associated ownership info
703 Milby Dr has no associated ownership info.

Taxes

703 Milby Dr has 10 associated Taxes items

703 Milby Dr, 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 $257,800. The APN we've located for 703 Milby Dr is 0205001001640.

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Taxes
  • Assessed Value:  $257,800
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0205001001640
  • Assessed Land Value:  115000
  • Market Land Value:  115000
  • Tax Amount:  2604
  • Tax Year:  2025
  • Market Value:  257800
  • Market Year:  2025

Tax History

703 Milby Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $257,800 Land Value $115,000 Improvement Value $142,800 Tax Amount $2,604 Change Rate +0.060261% Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,456 Change Rate +0.09733% Assessed CR Tax Rate
Year 2023 Assessed Value $221,600 Land Value $100,000 Improvement Value $121,600 Tax Amount $2,238.16 Change Rate +0.058252% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $209,400 Land Value $95,000 Improvement Value $114,400 Tax Amount $2,114.96 Change Rate +0.169701% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $180,600 Land Value $75,000 Improvement Value $105,600 Tax Amount $1,808.12 Change Rate -0.027385% Assessed CR Tax Rate +0.010012%
Year 2020 Assessed Value $169,400 Land Value $70,000 Improvement Value $99,400 Tax Amount $1,859.03 Change Rate +0.006819% Assessed CR Tax Rate +0.010974%
Year 2019 Assessed Value $179,600 Land Value $70,000 Improvement Value $109,600 Tax Amount $1,846.44 Change Rate +0.055531% Assessed CR Tax Rate +0.010281%
Year 2018 Assessed Value $166,600 Land Value $70,000 Improvement Value $96,600 Tax Amount $1,749.3 Change Rate -0.017689% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $169,600 Land Value $70,000 Improvement Value $99,600 Tax Amount $1,780.8 Change Rate Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $169,600 Land Value $70,000 Improvement Value $99,600 Tax Amount $1,780.8 Change Rate +0.357327% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $166,600 Land Value $70,000 Improvement Value $96,600 Tax Amount $1,311.99 Change Rate -0.272269% Assessed CR Tax Rate +0.007875%
Year 2014 Assessed Value $171,700 Land Value $70,000 Improvement Value $101,700 Tax Amount $1,802.85 Change Rate Assessed CR Tax Rate +0.0105%