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72 Colonial Way; Chesapeake, VA Property Details

72 Colonial Way, Chesapeake, VA is a Townhouse that was built in 1982. This property is currently a cash purchase and is not for sale. Our records show that 72 Colonial Way has 3 bedrooms, and 1.5 bathrooms, and a total of 1,200 square feet. The lot size of 72 Colonial Way is 10,019 square feet.

Off market
72 Colonial Way Chesapeake, VA 23325
$216,900 Estimated Value
3 Beds
1.5 Baths
1,200 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1982
  • Purchase Price: $30,000
  • Est. Equity / %: $256,000 / 100%
  • Gross Yield: 8.761%
  • APN: 0273001000020
  • Situs County: Chesapeake City
  • Length Of Ownership: 16 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Patio Type: Patio

Measurements

  • Total: 1,200/SqFt
  • Lot: 10,019/SqFt
  • Living: 1,200/SqFt
  • Building: 1,200/SqFt
  • Ground: 600/SqFt
  • Price Per Square Foot: $25.00

Legal Description

  • Description: LOT 2 SUB GEORGETOWN SQUARE TOWNHOUSES
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.792347 / -76.24762
  • Subdivision: Georgetown Townhouses
  • Property Class: Residential
  • Zoning: RTH1: RESI

Amenities

  • Plus Four: 4774
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Annual
  • H O A One Name: Georgetown Manor Section Three
  • H O A One Type: Condo  Owner Association

Ownership Info

72 Colonial Way has no associated ownership info
72 Colonial Way has no associated ownership info.

Taxes

72 Colonial Way has 10 associated Taxes items

72 Colonial Way, 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 $216,900. The APN we've located for 72 Colonial Way is 0273001000020.

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Taxes
  • Assessed Value:  $216,900
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0273001000020
  • Assessed Land Value:  85000
  • Market Land Value:  85000
  • Tax Amount:  2191
  • Tax Year:  2025
  • Market Value:  216900
  • Market Year:  2025

Tax History

72 Colonial Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $216,900 Land Value $85,000 Improvement Value $131,900 Tax Amount $2,191 Change Rate +0.063592% Assessed CR Tax Rate +0.010101%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,060 Change Rate +0.169498% Assessed CR Tax Rate
Year 2023 Assessed Value $174,400 Land Value $70,000 Improvement Value $104,400 Tax Amount $1,761.44 Change Rate +0.15574% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $150,900 Land Value $55,000 Improvement Value $95,900 Tax Amount $1,524.08 Change Rate +0.105279% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $135,300 Land Value $45,000 Improvement Value $90,300 Tax Amount $1,378.91 Change Rate +0.035264% Assessed CR Tax Rate +0.010192%
Year 2020 Assessed Value $130,000 Land Value $40,000 Improvement Value $90,000 Tax Amount $1,331.94 Change Rate +0.0261% Assessed CR Tax Rate +0.010246%
Year 2019 Assessed Value $125,800 Land Value $40,000 Improvement Value $85,800 Tax Amount $1,298.06 Change Rate -0.041669% Assessed CR Tax Rate +0.010318%
Year 2018 Assessed Value $129,000 Land Value $50,000 Improvement Value $79,000 Tax Amount $1,354.5 Change Rate +0.034475% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $122,800 Land Value $50,000 Improvement Value $72,800 Tax Amount $1,309.36 Change Rate -0.015% Assessed CR Tax Rate +0.010663%
Year 2016 Assessed Value $126,600 Land Value $50,000 Improvement Value $76,600 Tax Amount $1,329.3 Change Rate -0.000015% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $126,600 Land Value $50,000 Improvement Value $76,600 Tax Amount $1,329.32 Change Rate +0.000015% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $126,600 Land Value $50,000 Improvement Value $76,600 Tax Amount $1,329.3 Change Rate Assessed CR Tax Rate +0.0105%