505 Ferrum Ln Chesapeake, VA 23322
Great Bridge NeighborhoodEstimated Value: $517,000 - $604,000
3
Beds
2
Baths
2,609
Sq Ft
$212/Sq Ft
Est. Value
About This Home
This home is located at 505 Ferrum Ln, Chesapeake, VA 23322 and is currently estimated at $552,259, approximately $211 per square foot. 505 Ferrum Ln is a home located in Chesapeake City with nearby schools including Great Bridge Primary School, Great Bridge Intermediate School, and Great Bridge Middle School.
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,471 | $476,000 | $180,000 | $296,000 |
| 2024 | $4,471 | $442,700 | $170,000 | $272,700 |
| 2023 | $4,150 | $434,600 | $160,000 | $274,600 |
| 2022 | $4,228 | $418,600 | $130,000 | $288,600 |
| 2021 | $3,756 | $357,700 | $125,000 | $232,700 |
| 2020 | $3,556 | $338,700 | $125,000 | $213,700 |
| 2019 | $3,556 | $338,700 | $125,000 | $213,700 |
| 2018 | $3,588 | $341,700 | $125,000 | $216,700 |
| 2017 | $3,429 | $326,600 | $125,000 | $201,600 |
| 2016 | $3,377 | $321,600 | $120,000 | $201,600 |
| 2015 | $3,339 | $318,000 | $120,000 | $198,000 |
| 2014 | $3,185 | $303,300 | $120,000 | $183,300 |
Source: Public Records
Map
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