5040 Corolla Drive

5040 Corolla Drive has been categorized by the local assessors in Chesapeake, VA as a type of property. The building on the property was first built in 2023 and is 3 years old. In addition, 5040 Corolla Drive has 3,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,059 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Finally, the property is currently sourcing its water from system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 5040 Corolla Drive was last sold in Apr 28, 2023 for $85,000. According to our calculations, that's $28.33 per sqft. Current property owners are expected to pay $131,300 in taxes per year. The property on 5040 Corolla Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $321,100. To break that down further, the land itself was valued at $140,000. While improvements to the property were assessed at a total of $181,100. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.