Check Availability

5028 Corolla Drive

5028 Corolla Drive, Chesapeake, VA 23321
Local assessors in Chesapeake, VA have categorized 5028 Corolla Drive as a type of property. The home was built in 2020 and is 6 years old. The property's lot size has been calculated to be 5,619 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 200 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5028 Corolla Drive has a total of 2,480 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 400 sqft. The building has a style roof that was made of . Residents rely on for their cooling system. The home's is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5028 Corolla Drive was last sold in Feb 16, 2023 for $504,900. According to our calculations, that's $203.59 per sqft. Prior to that sales transaction, the property was sold for $417,900 in Jan 8, 2021. Current property owners are expected to pay $469,044 in taxes per year. The property on 5028 Corolla Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $488,400. To break that down further, the land itself was valued at $140,000. While improvements to the property were assessed at a total of $348,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Brick Exterior

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230613
06/13/2023
4 Bed
2 Bath
2335 ft²
$529,900
bedrooms
4 Bed
bathrooms
2 Bath
square feet
2335 ft²
-
-
Steve Freeman
RHOAD & CO.
20220822
08/22/2022
4 Bed
2 Bath
2335 ft²
$529,900
bedrooms
4 Bed
bathrooms
2 Bath
square feet
2335 ft²
$504,900 -4.72%
03/14/2023
Steve Freeman
R H O A D & C O.


Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,619
  • Total Building Area: 2,480
  • Building Area: 2,480
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOLLIFF LANDING AT WESTERN BRANCH
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • Legal Description 1: 176 JOLLIFF LANDING AT WESTERN BRANCH PH 1

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 021505

Zoning

  • Zoning: PUD: PLANN

Geography

  • Assessors Map Reference: MB 172 PG 66
  • Parcel: 0151018001760
  • Municipality: WESTERN BRANCH
  • Latitude: 36.8252
  • Longitude: -76.4496

    Address

  • Full Address: 5028 Cape May Loop
  • Address - House Number: 5028
  • Address - Street Name: Cape May
  • Address - Suffix Type: Loop
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C014
  • 4-Digit Zip Code: 1444
  • Zip Code: 23321

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $469,044

    Appraisal Valuation

  • Standard Deviation: 0.0692
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 96
  • Final Value: 525,291
  • High Value: 561,660
  • Low Value: 488,923

    Market Valuation

  • Market Total Value: $488,400
  • Market Land Value: $140,000
  • Market Improvement Value: $348,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,400
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $348,400

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Mar 14, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5071
  • Previous Sale Recording Date: Feb 01, 2021
  • Previous Sale Contract Date: Jan 08, 2021
  • Previous Sale Amount: $417,900
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Western Branch North



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5028 Corolla Drive located in?
The 5028 Corolla Drive is a house located in the neighborhood of Western Branch North in Western Branch North, Chesapeake.
What is the average sales price for listings in 5028 Corolla Drive?
The average sales price for units in 5028 Corolla Drive is $529,900 , or $227/sqft. currently.