Taxes
- Assessed Value: $4,110,000
- Assessed Year: 2025
- Assessed County: Chesapeake City
- APN: 0254005000355
- Assessed Land Value: 1078600
- Market Land Value: 1078600
- Tax Amount: 41511
- Tax Year: 2025
- Market Value: 4110000
- Market Year: 2025
961 Michael Dr; Chesapeake, VA Property Details
Off market
961 Michael Dr Chesapeake, VA 23323
$4,110,000 Estimated Value
19,960 SqFt
Property Type
WarehouseProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2022
- Purchase Price: $1,160,000
- Open Loans / Balance: 2 / $2,053,474
- APN: 0254005000355
- Situs County: Chesapeake City
- Length Of Ownership: 6 years
Structure
- Stories: 1
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 19,960/SqFt
- Lot: 361,417/SqFt
- Living: 19,960/SqFt
- Building: 19,960/SqFt
- Price Per Square Foot: $58.12
Legal Description
- Description: PARCEL 5 SUBD MICHAEL DRIVE INDUSTRIAL PARK 8.297 AC
Building Insights
Land Information
- Property Type: Warehouse
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Chesapeake City Public Schools
- Lat / Lon: 36.780632 / -76.316284
- Subdivision: Deep Creek - Commercial
- Property Class: Industrial
- Zoning: M2: GENERA
Amenities
- Plus Four: 5910
Ownership Info
961 Michael Dr has no associated ownership info
961 Michael Dr has no associated ownership info.
Taxes
961 Michael Dr has 10 associated Taxes items
961 Michael 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 $4,110,000. The APN we've located for 961 Michael Dr is 0254005000355.
Unlock the full reportTax History
961 Michael Dr has 7 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $4,110,000 | Land Value $1,078,600 | Improvement Value $3,031,400 | Tax Amount $41,511 | Change Rate +0.007304% | Assessed CR | Tax Rate +0.0101% |
| Year 2024 | Assessed Value $4,080,200 | Land Value $1,078,600 | Improvement Value $3,001,600 | Tax Amount $41,210 | Change Rate -0.027065% | Assessed CR | Tax Rate +0.0101% |
| Year 2023 | Assessed Value $4,193,700 | Land Value $1,078,600 | Improvement Value $3,115,100 | Tax Amount $42,356.36 | Change Rate +1.474488% | Assessed CR | Tax Rate +0.0101% |
| Year 2022 | Assessed Value $2,558,400 | Land Value $1,078,600 | Improvement Value $1,479,800 | Tax Amount $17,117.22 | Change Rate +0.556323% | Assessed CR | Tax Rate +0.006691% |
| Year 2021 | Assessed Value $1,078,600 | Land Value $1,078,600 | Improvement Value | Tax Amount $10,998.5 | Change Rate +0.010004% | Assessed CR | Tax Rate +0.010197% |
| Year 2020 | Assessed Value $1,037,100 | Land Value $1,037,100 | Improvement Value | Tax Amount $10,889.56 | Change Rate +0.000001% | Assessed CR | Tax Rate +0.0105% |
| Year 2019 | Assessed Value $1,037,100 | Land Value $1,037,100 | Improvement Value | Tax Amount $10,889.55 | Change Rate | Assessed CR | Tax Rate +0.0105% |