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705 Draughon Rd; Chesapeake, VA Property Details

705 Draughon Rd, Chesapeake, VA is a Agricultural Vacant Land. This property is currently Financed and is not for sale. The lot size of 705 Draughon Rd is 1,359,464 square feet.

Off market
705 Draughon Rd Chesapeake, VA 23322
$4,410,000 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $3,000,000
  • Open Loans / Balance: 1 / $1,965,377
  • APN: 0730000001340
  • Situs County: Chesapeake City
  • Length Of Ownership: 10 months

Measurements

  • Lot: 1,359,464/SqFt

Legal Description

  • Description: PAR A BOUNDARY SURVEY OF M C FRYER PROP 31.209AC
Building Insights

Land Information

  • Property Type: Agricultural Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.678574 / -76.247955
  • Subdivision: Whole Map 073, Regal Park
  • Property Class: Vacant
  • Zoning: RMF1: MULT

Amenities

  • Plus Four: 2617

Ownership Info

705 Draughon Rd has no associated ownership info
705 Draughon Rd has no associated ownership info.

Taxes

705 Draughon Rd has 10 associated Taxes items

705 Draughon Rd, 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 $4,410,000. The APN we've located for 705 Draughon Rd is 0730000001340.

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Taxes
  • Assessed Value:  $4,410,000
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0730000001340
  • Assessed Land Value:  4410000
  • Market Land Value:  4410000
  • Tax Amount:  44541
  • Tax Year:  2025
  • Market Value:  4410000
  • Market Year:  2025

Tax History

705 Draughon Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,410,000 Land Value $4,410,000 Improvement Value Tax Amount $44,541 Change Rate +68.05582% Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $645 Change Rate +0.114529% Assessed CR Tax Rate
Year 2023 Assessed Value $369,000 Land Value $369,000 Improvement Value Tax Amount $578.72 Change Rate +0.143715% Assessed CR Tax Rate +0.001568%
Year 2022 Assessed Value $349,000 Land Value $349,000 Improvement Value Tax Amount $506 Change Rate -0.052754% Assessed CR Tax Rate +0.00145%
Year 2021 Assessed Value $327,800 Land Value $327,800 Improvement Value Tax Amount $534.18 Change Rate -0.122843% Assessed CR Tax Rate +0.00163%
Year 2020 Assessed Value $327,800 Land Value $327,800 Improvement Value Tax Amount $608.99 Change Rate +0.010453% Assessed CR Tax Rate +0.001858%
Year 2019 Assessed Value $299,600 Land Value $299,600 Improvement Value Tax Amount $602.69 Change Rate +0.015912% Assessed CR Tax Rate +0.002012%
Year 2018 Assessed Value $56,500 Land Value $56,500 Improvement Value Tax Amount $593.25 Change Rate -0.028892% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $58,300 Land Value $58,300 Improvement Value Tax Amount $610.9 Change Rate +0.00205% Assessed CR Tax Rate +0.010479%
Year 2016 Assessed Value $58,062 Land Value $58,062 Improvement Value Tax Amount $609.65 Change Rate -0.076344% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $62,860 Land Value $62,860 Improvement Value Tax Amount $660.04 Change Rate +0.20296% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $52,256 Land Value $52,256 Improvement Value Tax Amount $548.68 Change Rate Assessed CR Tax Rate +0.0105%