1502 Lilac Ave Chesapeake, VA 23325
Indian River Neighborhood
5
Beds
3.5
Baths
2,980
Sq Ft
7,492
Sq Ft Lot
Highlights
- New Construction
- Main Floor Bedroom
- No HOA
- Transitional Architecture
- Attic
- Entrance Foyer
About This Home
As of March 2025New Construction in a sought after location of Chesapeake 5 bedrooms 3.5 bath available now. Open floor plan center island, eat-in- kitchen.Quartz countertop Stainless steel appliances.Primary bed with standing tub and separate shower, double vanities.
One bedroom downstairs with full bath. Hughe fenced back yard Lots of upgrades. Must see 2980 square footage much larger than the average homes built in new construction.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,207
Year Built
- Built in 2024 | New Construction
Lot Details
- Back Yard Fenced
Parking
- 2 Car Attached Garage
Home Design
- Transitional Architecture
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,980 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Electric Fireplace
- Entrance Foyer
- Pull Down Stairs to Attic
- Washer and Dryer Hookup
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
Schools
- Norfolk Highlands Primary Elementary School
- Indian River Middle School
- Indian River High School
Utilities
- Central Air
- Heat Pump System
- 220 Volts
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Norfolk Highlands Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2025
Closed on
Mar 14, 2025
Sold by
Kopassis Construction Inc
Bought by
Blandon-Haskins Skeyla and Blandon-Haskins Jeron
Seller's Agent
Mimi Kopassis
MK Realty Group
Buyer's Agent
Katie Verhalen
Judy Reed Realty
List Price
$520,500
Sold Price
$530,000
Premium/Discount to List
$9,500
1.83%
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,020
Avg. Annual Appreciation
-7.90%
Original Mortgage
$530,000
Outstanding Balance
$529,561
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$11,627
Purchase Details
Closed on
Oct 26, 2022
Sold by
Mcdaniel Earl Franklin
Bought by
Kopassis Construction Inc
Similar Homes in Chesapeake, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $530,000 | Fidelity National Title | |
| Deed | $530,000 | Fidelity National Title | |
| Deed | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $530,000 | VA | |
| Closed | $530,000 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $530,000 | +1.8% | $178 / Sq Ft |
| 02/14/2025 02/14/25 | Pending | -- | -- | -- |
| 01/22/2025 01/22/25 | For Sale | $520,500 | -- | $175 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,831 | $478,300 | $105,000 | $373,300 |
| 2023 | $1,833 | $100,000 | $100,000 | $0 |
| 2022 | $2,174 | $215,200 | $100,000 | $115,200 |
| 2021 | $1,973 | $187,900 | $85,000 | $102,900 |
| 2020 | $1,981 | $188,700 | $85,000 | $103,700 |
| 2019 | $1,830 | $174,300 | $85,000 | $89,300 |
| 2018 | $1,830 | $169,200 | $85,000 | $84,200 |
| 2017 | $1,794 | $170,900 | $85,000 | $85,900 |
| 2016 | $1,794 | $170,900 | $85,000 | $85,900 |
| 2015 | $1,777 | $169,200 | $85,000 | $84,200 |
| 2014 | $1,777 | $169,200 | $85,000 | $84,200 |
Source: Public Records
Agents Affiliated with this Home
-
Mimi Kopassis
Seller's Agent in 2025
Mimi Kopassis
MK Realty Group
(757) 434-0336
2 in this area
41 Total Sales
-
Katie Verhalen
Buyer's Agent in 2025
Katie Verhalen
Judy Reed Realty
(757) 362-2842
1 in this area
84 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10567271
APN: 0202001001070
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