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Off market
  • $637,400

    516 Margaret Dr, Chesapeake, VA 23322

    4beds
    2,240sqft
    SingleFamily
    Built in 1975
    1 Acres Lot
    $637,400 Zestimate®
    $285/sqft
    $3,116 Estimated rent

    Home value

    $637,400

    $606,000 - $669,000

    $3,116/mo

    Zestimate® history
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    $3,913/mo

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    $3,913/mo

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    What's special

    OPEN HOUSE SATURDAY 05-15-21 This unique mid-century modern bungalow is deceivingly large with two family rooms and one of the most functional idealistic one-story layouts you will find. This home has been completely remodeled from top to bottom with the highest end finishes. Custom hidden storage solutions have been added, designer lighting is throughout, a custom stone wall and commercial grade fixtures. The extremely large 30' long master bedroom has new silk strand carpeting with a waterproof, hyper-allergenic pad, two walk in closets with custom built closet systems and even a chandelier. The master bedroom has a private entry making it a great in-law suite or income producer. The master bath boasts a 20k remodel with a high end commercial grade vanity, Carrara marble, spot free fixtures, designer lighting and a walk in shower. The property has been professionally cleared, excavated, graded, leveled, and reseeded by Jack Frost Landscape. The property's soil has been evaluated by Virginia Tech and has been given the exact nutrients to promote optimal turf. Everything updated has been done to the highest degree. The following have been installed new within the last 3 1/2 years: -Exterior stone custom fireplace -Custom lighting throughout -Electrical installed by a Master Electrician which includes additional outlets, new ceiling fans, etc. -Asphalt Roof -Custom windows -Exterior slip fence system that includes lifetime steel posts -8 car driveway & new sidewalk -Concrete walkway -Smartstrand carpeting with 8lb waterproof pad -High end laminate scratch resistant flooring -Tile flooring in the kitchen, bathroom and laundry area -Custom sliding laundry room door -Custom furniture designed to exactly fit various areas -Custom window shades -Custom cut and sized area rugs -6 matching Hunter ceiling fans throughout creating a cohesive look -Soft-close cabinetry with custom hardware -Custom painting throughout -Custom designed 10' hall tree with hidden storage -Upgraded bathrooms -Whole house water softener including a reverse osmosis system, and additional water filtration in both bathrooms -Interior stone and granite fireplace -Granite counters -HVAC -Attic storage with ventilation and pull down stairs access -Two workbenches with custom task lighting installed over each -Custom double swing french doors with interior shades -4" guttering system throughout exterior with custom screening to prevent debri collection along with downspouts that enter into a huge drywell system on both sides of the home -Professionally excavated and regraded property with new soil and new grass -Exterior 16' dusk to dawn lighting to illuminate the back of the property and shed -Custom shed doors including large barn sliding door -Custom murphy bed -Private Deck with a Custom Slip Fence Surround This home also has it all and even has an area to park an RV.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat pump, Electric
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Walk-In Closet, Window Treatments, Cathedral Ceiling, Fireplace Wood
    • Flooring: Tile, Carpet, Laminate
    • Basement: Basement (not specified)
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,240 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone, Vinyl
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 0771002000180

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • wood frame
    • Foundation: Other
    • Roof: Asphalt
    Condition
    • Year built: 1975

    Community & HOA

    Location
    • Region: Chesapeake

    Financial & listing details

    • Price per square foot: $285/sqft
    • Tax assessed value: $666,600
    • Annual tax amount: $6,733
    • Ownership type: Simple

    Price history

    DateEventPrice
    7/2/2021Sold$445,000+4.7%$199/sqft
    Source: Public Record Report a problem
    5/18/2021Pending sale$425,000$190/sqft
    Source: Owner Report a problem
    5/11/2021Listed for sale$425,000+29.2%$190/sqft
    Source: Owner Report a problem
    8/9/2017Sold$329,000$147/sqft
    Source: Public Record Report a problem
    6/29/2017Listed for sale$329,000+91.3%$147/sqft
    Source: Chad Ingram Edge Realty LLC #10136613 Report a problem
    4/24/2017Sold$172,000+1.2%$77/sqft
    Source: Public Record Report a problem
    3/11/2017Listed for sale$169,900-12.8%$76/sqft
    Source: Arista Real Estate LLC #10114477 Report a problem
    2/4/2017Listing removed$194,900$87/sqft
    Source: Arista Real Estate LLC #10107231 Report a problem
    2/3/2017Price change$194,900+14.7%$87/sqft
    Source: Arista Real Estate LLC #10107231 Report a problem
    1/31/2017Price change$169,900-12.8%$76/sqft
    Source: Arista Real Estate LLC #10107231 Report a problem
    12/22/2016Price change$194,900-2.5%$87/sqft
    Source: Arista Real Estate LLC #10102009 Report a problem
    12/5/2016Listed for sale$199,900+16%$89/sqft
    Source: Arista Real Estate LLC #1656007 Report a problem
    5/10/2016Sold$172,300-95.2%$77/sqft
    Source: Public Record Report a problem
    5/3/2005Sold$3,555,500+1469.8%$1,587/sqft
    Source: Public Record Report a problem
    9/3/2004Sold$226,500$101/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,733 +11.7%$666,600 +11.7%
    2024$6,026 +97.7%$596,600 +97.7%
    2023$3,047 -30.5%$301,700 -27.8%
    2022$4,385 +24.9%$417,600 +24.9%
    2021$3,511 $334,400 +3.2%
    2020-- $324,100 -2.1%
    2019$3,477 +3.2%$331,100 +3.2%
    2018$3,368 +14.2%$320,800 +14.2%
    2017$2,951 +8.7%$281,000 +8.7%
    2016$2,714 +0.3%$258,500 +0.3%
    2015$2,706 $257,700
    2014$2,706 0%$257,700
    2013$2,706 +0.3%$257,700 +0.3%
    2012$2,697 -7.2%$256,900 -7.2%
    2011$2,907 -2.8%$276,900 -2.8%
    2010$2,991 -3.7%$284,900 -3.7%
    2009$3,107 -10.8%$295,900 -10.8%
    2008$3,485 +2.8%$331,900 +3.8%
    2007$3,389 -1%$319,700 +3.7%
    2006$3,422 +65.2%$308,300 +90.5%
    2004$2,071 $161,800
    2003$2,071 +9.8%$161,800 +9.8%
    2002$1,885 +8.3%$147,300 +8.3%
    2001$1,741 $136,000
    Find assessor info on the county website

    Neighborhood: Butts Station

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southeastern Elementary
    • Middle: Hickory Middle
    • High: Hickory

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $637,400
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    $650,148