14 days on rocket

7 Drake Cir, Chesapeake, VA, 23320

$260,000

Home List Price

$3,088*

Closing Credit

3 Bedrooms
1 Full Bath, 2 Partial
1,392 SqFt
$187/SqFt
Townhouse
Schools Nearby

Location

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7 Drake Cir, Chesapeake$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage Att 1 Car, Driveway Spc
Attached GarageYes
Year Built1978
HeatingHeat Pump
CoolingCentral Air
BasementYes
FireplaceWood Burning Fireplace
MLS #10533189
StatusActive

About 7 Drake Cir

Welcome to 7 Drake Circle, a well maintained and beautifully updated 3 bedroom townhome! This home is conveniently located near bases, shopping, and dining. Community amenities include a pool, playgrounds, clubhouse, and tennis courts. Make this your first and last stop!

Property Details

Property Features

Property Information:

  • Architectural Style: Twinhome
  • Year Built: 1978
  • Stories: 2
  • Living Area: 1,392 SqFt

Listing Office:

  • Office Name: Iron Valley Real Estate HR
  • Listing Agent: Matthew Blow

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Microwave, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Vinyl
  • Interior: Fireplace Wood
  • Fireplace: Wood Burning Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Cul-De-Sac, Deck, Storage Shed

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Att 1 Car, Driveway Spc

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Indian River High School, Public District Grades 9-12
  • Indian River Middle School, Public District Grades 6-8
  • Sparrow Road Intermediate School, Public District Grades 4-5
  • Georgetown Primary School, Public District Grades PK-3

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000
  • Price Per SqFt: $187/SqFt

HOA Fees:

  • Amount: $52
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,667
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Chesapeake, VA.

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Chesapeake, VA

City

Med. List Price

$436.6K

Med. Price/SqFt

$210

Avg. Days On Market

78

# of Sold Homes

286

7 Drake Cir vs Chesapeake

14 DAYS ON ROCKET

-64 Days

$260,000

-$176.6K Less

$187/SqFt

-$23 Less

KEY TAKEAWAY

This property is $176.6K less than the Median List Price and $23/SqFt less than other homes in Chesapeake, VA.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #10533189

Listing Office:

  • Office Name: Iron Valley Real Estate HR
  • Listing Agent: Matthew Blow

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,667$167,000
2020$1,589$158,800
2018$1,559$147,000
2017$1,575$150,000

History based on county public records data.

Payment Calculator

$1,417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6380454
5
/10

  • Sparrow Road Intermediate School

  • 1605 Sparrow Rd

  • 1.12 miles

  • Public District Grades 4-5

school-card-donut-6380455
4
/10

  • Georgetown Primary School

  • 436 Providence Rd

  • 1.54 miles

  • Public District Grades PK-3

Middle School

school-card-donut-6380456
5
/10

  • Indian River Middle School

  • 2300 Old Greenbrier Rd

  • 1.01 miles

  • Public District Grades 6-8

High School

school-card-donut-6380457
4
/10

  • Indian River High School

  • 1969 Braves Trl

  • 1.28 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,166. The majority of Chesapeake, VA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Drake Cir

What is the listing price of this property?

The listing price of 7 Drake Cir property is $260,000.

What type of property is this?

The property 7 Drake Cir is a townhouse located in Chesapeake, Virginia, 23320.

Is this property for sale now?

Active Listing: 7 Drake Cir is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7 Drake Cir are:
Sparrow Road Intermediate School: GreatSchools Rating 5/10
Georgetown Primary School: GreatSchools Rating 4/10
Indian River Middle School: GreatSchools Rating 5/10
Indian River High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,667 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7 Drake Cir has 3 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 7 Drake Cir is 1,392 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Drake Cir is 1978.

Rocket Homes›Virginia›Chesapeake›23320›7 Drake Cir

This home is located at 7 Drake Cir in Chesapeake, VA and zip code 23320 in the Ipswich Townvillas neighborhood. This 1,392 square foot home was built in 1978. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $260,000.

In April 2024 in Chesapeake, VA there were 10.1% more homes for sale than in March 2024. While the average time on the market in April 2024 was 78 days, the median list price was $436,693.

From Rocket Homes Real Estate and based on county public records data.

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