Taxes
- Assessed Value: $3,527,000
- Assessed Year: 2025
- Assessed County: Chesapeake City
- APN: 0254005000354
- Assessed Land Value: 1594700
- Market Land Value: 1594700
- Tax Amount: 35623
- Tax Year: 2025
- Market Value: 3527000
- Market Year: 2025
968 Michael Dr; Chesapeake, VA Property Details
Off market
968 Michael Dr Chesapeake, VA 23323
$3,527,000 Estimated Value
Property Type
WarehouseProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Purchase Price: $1,900,000
- Open Loans / Balance: 3 / $3,505,827
- APN: 0254005000354
- Situs County: Chesapeake City
- Length Of Ownership: 2 years, 7 months
Structure
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Lot: 811,044/SqFt
Legal Description
- Description: PARCEL 3 SUBD MICHAEL DRIVE INDUSTRIAL PARK 18.619 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: 36.782116 / -76.31938
- Subdivision: Deep Creek - Commercial
- Property Class: Industrial
- Zoning: M1: LIGHT
Amenities
- Plus Four: 5911
Ownership Info
968 Michael Dr has no associated ownership info
968 Michael Dr has no associated ownership info.
Taxes
968 Michael Dr has 10 associated Taxes items
968 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 $3,527,000. The APN we've located for 968 Michael Dr is 0254005000354.
Unlock the full reportTax History
968 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 $3,527,000 | Land Value $1,594,700 | Improvement Value $1,932,300 | Tax Amount $35,623 | Change Rate +0.722083% | Assessed CR | Tax Rate +0.0101% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $20,686 | Change Rate +0.00001% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $2,048,100 | Land Value $2,048,100 | Improvement Value | Tax Amount $20,685.8 | Change Rate | Assessed CR | Tax Rate +0.0101% |
| Year 2022 | Assessed Value $2,048,100 | Land Value $2,048,100 | Improvement Value | Tax Amount $20,685.8 | Change Rate -0.038095% | Assessed CR | Tax Rate +0.0101% |
| Year 2021 | Assessed Value $2,048,100 | Land Value $2,048,100 | Improvement Value | Tax Amount $21,505.04 | Change Rate +0.142857% | Assessed CR | Tax Rate +0.0105% |
| Year 2020 | Assessed Value $2,048,100 | Land Value $2,048,100 | Improvement Value | Tax Amount $18,816.91 | Change Rate -0.125% | Assessed CR | Tax Rate +0.009187% |
| Year 2019 | Assessed Value $2,048,100 | Land Value $2,048,100 | Improvement Value | Tax Amount $21,505.05 | Change Rate | Assessed CR | Tax Rate +0.0105% |