15 days on rocket

518 Silk Tree Ln, Chesapeake, VA, 23320

$439,900

Home List Price

$5,224*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,151 SqFt
$205/SqFt
House

Location

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518 Silk Tree Ln, Chesapeake$439,900

Buyer Closing Credits

$5,224*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Att 1 Car, 2 Space, Off Street, Driveway Spc
Attached GarageYes
Year Built2007
HeatingForced Air, Natural Gas, Other, Zoned
CoolingCentral Air, Zoned
BasementYes
WaterfrontPond
FireplaceGas Fireplace
MLS #10560484
StatusActive

About 518 Silk Tree Ln

This beautiful single-family condo is a must see on your next home search, this home features a renovated kitchen with custom cabinetry & countertops, double wall ovens, gas range, microwave, wine fridge and built in ice maker & Porcelain flooring throughout living room, dining area and kitchen. The first floor also boosts a primary bedroom with private custom bathroom, dual sinks, large tile shower & large walk-in closet. The second-floor features 2 bedrooms and a fully renovated bathroom and an additional bonus room with custom cabinetry that can be used for an office or study. Additional features include upgraded HVAC units 3 zoned, Rinnai Tankless hot water system, custom trim & moldings, custom lighting fixtures, new sliding door to patio with built in blinds, Bose surround sound system, all Professionally mounted TVs will convey, home is wired for Cox Home Security system, EV charging station. You can enjoy the relaxing views of the sunset over the pond from the back patio.

Property Details

Property Features

Property Information:

  • Architectural Style: Transitional
  • Year Built: 2007
  • Stories: 2
  • Living Area: 2,151 SqFt

Listing Office:

  • Office Name: CENTURY 21 Nachman Realty
  • Listing Agent: Tom Pullen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Microwave, Gas Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic
  • Interior: Bar, Fireplace Gas-natural, Primary Sink-Double, Walk-In Attic, Walk-In Closet, Window Treatments
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Pond
  • Exterior: Patio

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Att 1 Car, 2 Space, Off Street, Driveway Spc

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Other, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Kempsville Rd to Green Tree Road to Silk Tree Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,900
  • Price Per SqFt: $205/SqFt

Tax Information:

  • Annual Amount: $2,966
  • 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

$445.9K

Med. Price/SqFt

$216

Avg. Days On Market

86

# of Sold Homes

218

518 Silk Tree Ln vs Chesapeake

15 DAYS ON ROCKET

-71 Days

$439,900

-$6K Less

$205/SqFt

-$12 Less

KEY TAKEAWAY

This property is $6K less than the Median List Price and $12/SqFt less than other homes in Chesapeake, VA.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #10560484

Listing Office:

  • Office Name: CENTURY 21 Nachman Realty
  • Listing Agent: Tom Pullen

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,966$293,000
2020$2,796$282,500
2018$2,715$258,600
2017$2,775$264,300

History based on county public records data.

Payment Calculator

$2,263

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,385

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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-4402244
5
/10

  • Centerville Elementary School

  • 2201 Centerville Tpke

  • 2.68 miles

  • Public District Grades PK-5

school-card-donut-4402245
7
/10

  • Greenbrier Intermediate School

  • 1701 River Birch Run N

  • 2.71 miles

  • Public District Grades 3-5

school-card-donut-4402246
4
/10

  • Crestwood Intermediate School

  • 1240 Great Bridge Blvd

  • 2.75 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,863. Residents of Chesapeake, VA typically earn between $35k-100k each year. 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 518 Silk Tree Ln

What is the listing price of this property?

The listing price of 518 Silk Tree Ln property is $439,900.

What type of property is this?

The property 518 Silk Tree Ln is a house located in Chesapeake, Virginia, 23320.

Is this property for sale now?

Active Listing: 518 Silk Tree Ln 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 $2,966 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 518 Silk Tree Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 518 Silk Tree Ln is 2,151 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Silk Tree Ln is 2007.

Rocket Homes›Virginia›Chesapeake›23320›518 Silk Tree Ln

This home is located at 518 Silk Tree Ln in Chesapeake, VA and zip code 23320 in the North Trail at Arboretum neighborhood. This 2,151 square foot home was built in 2007. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $439,900.

The number of listings in Chesapeake, VA decreased by 0.2% between October 2024 and November 2024. In November 2024, listings were on the market for 86 days. During the same period, the median list price in this real estate market was $445,961.

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

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