6 months on rocket

1506 Chesapeake Ave, Hampton, VA, 23661

$1,500,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
3,500 SqFt
$429/SqFt
House

Location

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1506 Chesapeake Ave, Hampton$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Att 2 Car, Multi Car, Driveway Spc
Attached GarageYes
Year Built2024
HeatingHeat Pump
CoolingHeat Pump
WaterfrontSeawall, Waterfront, Water Access, Navigable Water, River
MLS #10537041
Lot Size0.66 Acres
StatusActive

About 1506 Chesapeake Ave

This stunning waterfront lot offers breathtaking views of the confluence of the Elizabeth and James Rivers, providing direct deep water access to the Chesapeake Bay. The lot spans over half an acre and has been mostly cleared, while still retaining several older growth trees. It presents an ideal opportunity to build your dream home in a picturesque location. New construction plans by award-winning Kopassis Homes, elevation and feature sheet show base price options, upgrades and changes will change base price. Our team make it a streamlined process with Construction to perm loan offered by Chace Cooper at TowneBank and Settlement services provided by Howard Sykes PLC. Call today for more information or to schedule a consultation for building package and upgrade options. Make your dream waterfront home a reality today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2024
  • Stories: 2
  • Living Area: 3,500 SqFt

Listing Office:

  • Office Name: Atlantic Sothebys Int'l Realty
  • Listing Agent: Kris Weaver

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Microwave, Range, Refrigerator, Washer Connection
  • Basement: No
  • Flooring Type: Carpet, Laminate/LVP
  • Interior: Scuttle Access, Walk-In Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Seawall, Waterfront, Water Access, Navigable Water, River

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Att 2 Car, Multi Car, Driveway Spc

Lot Features

Lot Information:

  • Lot Size: 0.66 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $429/SqFt

Tax Information:

  • Annual Amount: $6,052
  • Tax Year: 2021
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Housing Market Comparison

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

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Hampton, VA

City

Med. Sold Price

$295.9K

Med. Price/SqFt

$203

Avg. Days On Market

31

# of Sold Homes

140

1506 Chesapeake Ave vs Hampton

193 DAYS ON ROCKET

+162 Days

$1,500,000

+$1.2M More

$429/SqFt

+$225 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $225/SqFt more than other homes in Hampton, VA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10537041

Listing Office:

  • Office Name: Atlantic Sothebys Int'l Realty
  • Listing Agent: Kris Weaver

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,052$488,100
2020$6,052$488,100
2019$3,074$488,100
2017$6,148$488,200

History based on county public records data.

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$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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.

Nearby Schools

school-card-donut-4304242
8
/10

  • Armstrong Elementary School

  • 3401 Matoaka Rd

  • 1.28 miles

  • Public District Grades KG-5

school-card-donut-4304243
4
/10

  • Bassette Elementary School

  • 671 Bell St

  • 1.44 miles

  • Public District Grades PK-5

school-card-donut-4304244
3
/10

  • Discovery STEM Academy

  • 1712 Chestnut Ave

  • 1.53 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,392. The majority of Hampton, VA residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1506 Chesapeake Ave

What is the listing price of this property?

The listing price of 1506 Chesapeake Ave property is $1,500,000.

What type of property is this?

The property 1506 Chesapeake Ave is a house located in Hampton, Virginia, 23661.

Is this property for sale now?

Active Listing: 1506 Chesapeake Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,052 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1506 Chesapeake Ave has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1506 Chesapeake Ave is 3,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1506 Chesapeake Ave is 2024.

Rocket Homes›Virginia›Hampton›23661›1506 Chesapeake Ave

This home is located at 1506 Chesapeake Ave in Hampton, VA and zip code 23661 in the Greater Wythe neighborhood. This 3,500 square foot home, which was built in 2024, sits on a 0.66 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 07, 2024 and is currently priced at $1,500,000.

While more than 1 listings in Hampton, VA in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below. The inventory of homes for sale in Hampton, VA between October 2024 and November 2024 increased by 2.4%. Listings spent 31 days on the market in November 2024, and had a median list price of $295,900 during the same period.

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

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