$495,600
SOLD JAN 28, 2025
4 Beds
2.5 Baths
3,786 Sq Ft
3.02 Acres

Recently Sold

$131 Per Sq Ft

10% Below List Price

85 Days on Market

Highlights

  • Stables
  • View of Trees or Woods
  • Colonial Architecture
  • Southeastern Elementary School Rated A-
  • 3.02 Acre Lot
  • Wooded Lot

About This Home

As of January 2025

Nestled in the sought-after region of Chesapeake, just off Blackwater Rd, this Colonial-style brick home offers boundless opportunities for transformation! This property is primed for visionary renovation, presenting an ideal venture for both owner-occupants and investors keen on enhancing their equity. The home has undergone initial deconstruction, setting the stage for you to reconstruct and redefine its charm. Call for more details. Perched on a generous 3+ acre lot, this home comes with a horse stable at the rear. The property is zoned for the Hickory schools, is conveniently near the Virginia Beach border, Fentress Airfield, and just a 15-minute drive to the North Carolina border.

Last Agent to Sell the Property

Susan Jenkins

Better Homes&Gardens R.E. Native American Grp Listed on: 10/21/2024

Better Homes&Gardens R.E. Native American Grp

Co-Listed By

Lauren Harrigan

Better Homes&Gardens R.E. Native American Grp

Last Buyer's Agent

Reagan Feuerhahn

Prodigy Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1976

Lot Details

  • 3.02 Acre Lot
  • Lot Dimensions are 611.21 x 203
  • Wooded Lot
  • Property is zoned A1

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,786 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Entrance Foyer
  • Home Office
  • Utility Room
  • Views of Woods
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Parking

  • Garage
  • Converted Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Porch

Schools

  • Southeastern Elementary School
  • Hickory Middle School
  • Hickory High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic System

Community Details

  • No Home Owners Association
  • King James Colony Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,500

Year Built

Built in 1976

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Colonial
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: N/A
  • Master Model: No
  • Unit Description: 2 Living Lvl, Det Single Fam
  • LP/ Sq Ft: 141.28
  • Estimated Year Built: 1976
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Margaret
  • Address Street Num Website: 537
  • Address Website: 537 Margaret DR
  • Auction Bid Type: Online
  • Buyers Premium: 5%
  • Auction Early Offers Considered: Yes
  • Auction List Price Value: Other
  • Auction Reqmts To Rep Bidder: Other-See Remarks, Register Online
  • Fence: No
  • Market Time: 88
  • Contingency Exists: Non Contingent
  • Special Features: 1088
  • Stories: 2
  • Year Built: 1976

Interior Features

  • Interior Amenities: Dual Entry Bath (Br & Hall), Fireplace Decorative, Scuttle Access, Walk-In Closet
  • Fireplaces Number: 1
  • Equipment: Water Softener
  • Flooring Type: Carpet, Vinyl
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • First Floor Bedroom/Full Bathrooms: No
  • Other Rooms: Breakfast Area, Converted Gar, Foyer, In-Law Suite, PBR with Bath, Office/Study, Porch, Spare Room, Utility Room
  • Appliances: Dishwasher, Microwave, Elec Range
  • Stories Number: 2.0000
  • Estimated Sq Ft: 3786

Exterior Features

  • Exterior Features: Horses Allowed, Stable, Wooded
  • Exterior Siding: Brick, Vinyl
  • Fence Description: None
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: Wooded
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 4 Space, Converted Gar, Driveway Spc, Street

Utilities

  • Sewer Type: Septic
  • Water Heater Type: Electric
  • Water Type: Well
  • Cooling: Heat Pump
  • Heating: Heat Pump

Schools

  • Elementary School: Southeastern Elementary
  • Middle School: Hickory Middle
  • High School: Hickory

Lot Info

  • Waterfront YN: No
  • Lot Dimensions: 611.21 X 203
  • Zoning: A1
  • Estimated Acres: 3.0200

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 7500

MLS Schools

  • Elementary School: Southeastern Elementary
  • School High School: Hickory
  • Middle School: Hickory Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Jan 21, 2025
Sold by
Cag National Fund Ii Llc
Bought by
Supreme Homes Llc
Seller's Agent
Susan Jenkins
Better Homes&Gardens R.E. Native American Grp
Buyer's Agent
Reagan Feuerhahn
Prodigy Realty
List Price
$549,900
Sold Price
$495,600
Premium/Discount to List
-$54,300
-9.87%
Views
586
Current Estimated Value
$577,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,346
Avg. Annual Appreciation
25.56%

Purchase Details

Closed on
Jun 5, 2023
Sold by
Kinchlow Vivian C
Bought by
Cag National Fund Ii Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $495,600 None Listed On Document
Special Warranty Deed $495,600 None Listed On Document
Trustee Deed $1,060,169 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $938,250 New Conventional
Previous Owner $437,402 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $495,600 -7.3% $131 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
12/05/2024 12/05/24 Price Changed $534,900 -2.7% $141 / Sq Ft
10/21/2024 10/21/24 For Sale $549,900 -- $145 / Sq Ft
Source: Real Estate Information Network (REIN)

Tax History Compared to Growth

Source: Public Records

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 $7,195 $792,900 $235,000 $557,900
2024 $7,195 $712,400 $215,000 $497,400
2023 $7,500 $742,600 $185,000 $557,600
2022 $6,701 $663,500 $165,000 $498,500
2021 $6,249 $595,100 $150,100 $445,000
2020 $6,069 $578,000 $150,100 $427,900
2019 $2,726 $519,300 $135,100 $384,200
2018 $937 $502,900 $135,100 $367,800
2017 $937 $486,500 $135,100 $351,400
2016 $4,867 $463,500 $135,100 $328,400
2015 $2,109 $462,100 $135,100 $327,000
2014 $4,686 $446,300 $135,100 $311,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10555925

Real Estate Information Network (REIN)

APN: 0771003000420