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    • $1,070,000

    525 Waterwheel Rd, Chesapeake, VA 23322

    5beds
    4,541sqft
    Single Family Residence
    Built in 1987
    3 Acres Lot
    $1,182,300 Zestimate®
    $236/sqft
    $5,040 Estimated rent

    Home value

    $1,182,300

    $1.12M - $1.25M

    $5,040/mo

    Zestimate® history
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    What's special

    Welcome to your dream home! This luxurious 5-bedroom, 4-bath residence spans 4,541 sqft, offering elegance and comfort. On the main level, enjoy a den with a cozy wood-burning stove, a spacious living room w/ wood fireplace, and a formal dining room. The primary suite features a handicap-accessible bathroom w/ a roll-in shower, grab bars, double vanity w/ ample storage, and a walk-in closet. The gourmet kitchen boasts stainless steel appliances, abundant storage, a large island, and access to a sunroom flooded w/natural light and serene wooded views. Admire the beautiful beams and craftsman trim work throughout. Upstairs, a second primary suite awaits w/ a wood-burning fireplace, walk-in closet, and a luxurious ensuite w/ a jetted tub. Discover three more generous bedrooms, a library space w/ built-in bookshelves and cabinets, and a finished room over the garage w/walk-in attic space. Nestled on 3 acres of wooded land, the outdoor area features a large deck, concrete patio, in-ground pool, storage shed, and gas grill hookup area. Subject to a ratified contract with contingencies. Owner wishes to continue to show the property and may consider backup/other offers

    Zillow last checked:

    Listing updated:

    Listed by:

    Betsy Thompson 757-434-4193,

    The Agency Coastal Virginia

    Bought with:

    Non-Member Non-Member

    Williamsburg Multiple Listing Service

    Source: WMLS,MLS#: 2402267MLS LogoOriginating MLS: Williamsburg MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Level: First
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Second
    Bedroom 5
    • Level: Second
    Heating
    • Geothermal, Heat Pump, Other
    Cooling
    • Geothermal, Heat Pump, Attic Fan
    Appliances
    • Included: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Cooking, Gas Grill Connection, Ice Maker, Microwave, Range, Refrigerator, Stove, Water Softener, Trash Compactor, Water Heater, Washer
    • Laundry: Washer Hookup
    Features
    • Attic, Beamed Ceilings, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, In-Law Floorplan, Jetted Tub, Kitchen Island, Pantry, Pull Down Attic Stairs, Recessed Lighting, Walk-In Closet(s), Window Treatments
    • Flooring: Carpet, Tile, Wood
    • Doors: French Doors, Storm Door(s)
    • Windows: Window Treatments
    • Basement: Crawl Space
    • Attic: Pull Down Stairs
    • Number of fireplaces: 4
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 4,541 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Driveway, Garage, Garage Door Opener, Paved, Workshop in Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Grab Bars, Low Threshold Shower
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch
    • Exterior features: Awning(s), Deck, Sprinkler/Irrigation, Paved Driveway
    • Pool features: In Ground, Pool Equipment, Pool
    • Fencing: Back Yard
    Lot
    • Size: 3 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 0742003000060
    • Zoning description: A1
    • Horse amenities: Horses Allowed

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Transitional
    • Property subtype: Single Family Residence
    Materials
    • Brick, Frame
    • Roof: Asphalt,Shingle
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Chesapeake

    Financial & listing details

    • Price per square foot: $236/sqft
    • Tax assessed value: $1,038,500
    • Annual tax amount: $7,881
    • Date on market: 7/18/2024
    • Ownership: Individuals

    Price history

    DateEventPrice
    9/4/2024Sold$1,070,000+1.9%$236/sqft
    Source: WMLS #2402267 Report a problem
    8/23/2024Pending sale$1,050,000-1.9%$231/sqft
    Source: WMLS #2402267 Report a problem
    8/11/2024Contingent$1,070,000$236/sqft
    Source: REIN Inc. #10544775 Report a problem
    8/7/2024Price change$1,070,000+1.9%$236/sqft
    Source: REIN Inc. #10544775 Report a problem
    8/1/2024Listed for sale$1,050,000$231/sqft
    Source: WMLS #2402267 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,489 +18.9%$1,038,500 +18.9%
    2024$8,821 +11.9%$873,400 +11.9%
    2023$7,881 +1.2%$780,300 +5.2%
    2022$7,787 +17.4%$741,600 +17.4%
    2021$6,635 $631,900 -3.8%
    2020-- $656,600
    2019$6,894 +13%$656,600 +13%
    2018$6,099 +7.4%$580,900 +7.4%
    2017$5,678 $540,800
    2016$5,678 +4.3%$540,800 +4.3%
    2015$5,446 $518,700
    2014$5,446 +0%$518,700
    2013$5,446 $518,700
    2012$5,446 -5.5%$518,700 -5.5%
    2011$5,761 -5.2%$548,700 -5.2%
    2010$6,076 -8.3%$578,700 -8.3%
    2009$6,628 -5.5%$631,200 -5.5%
    2008$7,014 -0.4%$668,000 +0.6%
    2007$7,042 +1%$664,300 +5.7%
    2006$6,974 +22.2%$628,300 +40.9%
    2004$5,708 +7.9%$445,900 +7.9%
    2003$5,288 +7.1%$413,100 +7.1%
    2002$4,936 +8.6%$385,600 +8.6%
    2001$4,545 $355,100
    Find assessor info on the county website

    Neighborhood: Great Bridge East

    Nearby homes

    Nearby schools

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

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

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