3 years on rocket

2432 Gum Rd, Chesapeake, VA, 23321

$675,000

2.51 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #10245597
Lot Size2.51 Acres
StatusActive

About 2432 Gum Rd

This 2.5 acre property has excellent visibility from Portsmouth Blvd. and fronts on Gum Road. The property would make an excellent site for a hotel, office building, or multi-family. It is currently zoned R15-S and rezoning would be required.

Property Details

Property Features

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: John Gobble

Lot Features

Lot Information:

  • Lot Size: 2.51 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000

Tax Information:

  • Annual Amount: $1,978
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$454.7K

Med. Price/SqFt

$216

Avg. Days On Market

82

# of Sold Homes

250

2432 Gum Rd vs Chesapeake

1137 DAYS ON ROCKET

+1055 Days

$675,000

+$220.2K More

KEY TAKEAWAY

This property is $220.2K more than the Median List Price in Chesapeake, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10245597

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: John Gobble

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,978$191,800
2020$2,237$188,400
2018$2,056$184,500
2017$2,030$193,300

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-295171
6
/10
  • Edwin W. Chittum Elementary School

  • 2008 Dock Landing Rd

  • 1.26 miles

  • Public District Grades PK-5

school-card-donut-295172
5
/10
  • Western Branch Intermediate School

  • 4013 Terry Dr

  • 2.34 miles

  • Public District Grades 3-5

school-card-donut-295173
6
/10
  • Southwestern Elementary School

  • 4410 Airline Blvd

  • 2.41 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,206. The majority of Chesapeake, VA residents have income between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Chesapeake, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Chesapeake, VA?

The housing landscape in Chesapeake, Virginia, is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. The architectural styles in the area are diverse, with a blend of modern, colonial, and ranch-style homes. A significant portion of the housing stock was developed from the 1980s to the early 2000s, reflecting a period of growth for the city. The homeownership rate in Chesapeake is robust, with a majority of residents owning their homes.

Is Chesapeake, VA a good place to live?

Chesapeake prides itself on its serene suburban feel, offering residents a blend of urban amenities and rural charm. The community is celebrated for its well-maintained parks and annual events that showcase the local culture and foster a sense of togetherness. The city's green spaces and waterways provide a scenic backdrop for outdoor activities, contributing to the area's tranquil character.

Are things conveniently located in Chesapeake, VA?

Chesapeake is served by a comprehensive educational system, including numerous public schools at the elementary, middle, and high school levels, as well as private institutions that cater to a range of educational needs. The city is home to several healthcare facilities, offering services from primary care to specialized medical treatments. The public library system in Chesapeake is extensive, supporting the community's educational and informational needs. Retail and dining options are plentiful, reflecting the local culture and providing residents with a variety of choices.

What does the transportation in Chesapeake, VA look like?

Transportation options in Chesapeake include a network of roads and highways that facilitate travel and commuting within the city and to neighboring areas. Public transit services are available, with bus routes connecting key locations throughout the city. While specific schedules vary, the frequency of these services is designed to accommodate the needs of residents. The city also supports ride-sharing options, enhancing mobility for those without private vehicles. Chesapeake's layout offers varying degrees of walkability and bikeability, with certain areas being more pedestrian-friendly than others.

Frequently Asked Questions About 2432 Gum Rd

What is the listing price of this property?

The listing price of 2432 Gum Rd property is $675,000.

What type of property is this?

The property 2432 Gum Rd is land located in Chesapeake, Virginia, 23321.

Is this property for sale now?

Active Listing: 2432 Gum Rd 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 $1,978 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2432 Gum Rd is 2.51 acres.
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Rocket HomesVirginiaChesapeake233212432 Gum Rd

This home is located at 2432 Gum Rd in Chesapeake, VA and zip code 23321. This home sits on a 2.51 acre lot. It has been listed on Rocket Homes since October 04, 2021 and is currently priced at $675,000.

Between September 2024 and October 2024, Chesapeake, VA real estate market has seen increase in the number of listings by 7.4%. In October 2024 median list price was $454,799 and the average listing age was 82 days.

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

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