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2703 Lake Drummond Causeway Chesapeake, VA 23322

$393,040
LOW
$462,400 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$531,760
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$462,400Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
4
AC
Yes
Payment Estimate
--
Baths Full
2
Foundation
Masonry
Rent Estimate
$2,620Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Parking
Garage
Tax Estimate
$4,855Estimated property taxes paid on an annual basis.
Sq Ft
3,512
 HomeScore
72A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
52A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Last Sale Date
05/17/2005
Style
--
Last Sale Price
$350,000
Year Built
2001

2703 Lake Drummond Causeway is located in the Pleasant Grove West area of Chesapeake, VA. At this time, the property has an estimated value of $462,400 and yearly taxes of $4,855. This home has 4 bedrooms, 2 bathrooms, and approximately 3,512 sqft of living space. The property was built in 2001. Similar homes nearby have 4 bedrooms, 2 baths and sell for around $450,000.

Property History

DateEventSourcePrice
5/17/2005SoldTax Records$350,000

Chesapeake Market Trends

Check out Chesapeake homes for sale, read the Chesapeake real estate news or review the Chesapeake real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
63
Barely Healthy

1,436

$295,000

121

6.8

Median Sales Price
$245,500
-7.9%
Sales (30 Days)
210
-26.1%

Chesapeake Public Schools

A child living at 2703 Lake Drummond Causeway, Chesapeake, VA would typically attend one of the following public schools: Grassfield Elementary School, Hickory Middle School, or Grassfield High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Pleasant Grove West REAL ESTATE NEWS

The Chesapeake market remained soft with 210 homes sold in the last 30 days, a 24.2% sales drop. Meanwhile, close-by Virginia Beach reported 394 homes sales, the highest number from all the surroundin... Read More »

Chesapeake has a cost of living adjustment score of 114.4, which is expensive when compared to others in Virginia. Also, the area is considered affluent with a median income of $66,583 per household.... Read More »

In this week's report, the number of homes sold in the Chesapeake market fell to 250 over the past 30 days. It marked a decrease of 5.7% from last week's report and another period below the monthly av... Read More »

2703 Lake Drummond Causeway Map

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2703 Lk Drummond Cswy, Chesapeake, VA 23322US
2703 Lk Drummond Cswy is located in the Pleasant Grove West area of Chesapeake, VA. At this time, the property has an estimated value of $462,400 and yearly taxes of $4,855. This home has 4 bedrooms, 2 bathrooms, and approximately 3,512 sqft of living space. The property was built in 2001. Similar homes nearby have 4 bedrooms, 2 baths and sell for around $450,000. Jennifer Boyd, Nancy Sorg, and Patty Cohen are Homesnap Local Experts in and around Pleasant Grove West.
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