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501 Belem Dr

Chesapeake, VA 23322

4 bd 2 ba 2,670 sqft Built 1987 Lot 21,693 sqft single_family
Most recent sale
$545,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $545,000 Public Record
May 15, 2022 Listed $545,000 MLS #10436562
Jun 23, 1997 Sold $163,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $323,800 $205,000 $528,800 $5,340
2023 $322,500 $165,000 $487,500 $4,923
2022 $280,000 $145,000 $425,000 $4,292
2021 $253,000 $125,000 $378,000 $3,969
2020 $237,900 $125,000 $362,900 $3,810
2019 $233,500 $125,000 $358,500 $3,764
2018 $231,700 $125,000 $356,700 $3,745
2017 $220,100 $125,000 $345,100 $3,624
2016 $220,100 $125,000 $345,100 $3,624
2015 $220,100 $125,000 $345,100 $3,624
2014 $209,900 $125,000 $334,900 $3,516
2013 $209,900 $125,000 $334,900 $3,516
2012 $214,000 $125,000 $339,000 $3,560
2011 $214,000 $140,000 $354,000 $3,717
2010 $214,600 $140,000 $354,600 $3,723
2009 $214,600 $145,000 $359,600 $3,776
2008 $230,300 $145,000 $375,300 $3,941
2007 $239,200 $145,000 $384,200 $4,072

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,670 sqft
Lot size
21,693 sqft
ZIP code
23322
City
Chesapeake
Street
Belem Dr
Coordinates
36.70488, -76.28395

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,005
Gross rental yield
8.82%
Implied cap rate
5.73%
Trend-extrapolated value

Frequently asked questions

When did 501 Belem Dr last sell?
501 Belem Dr most recently sold on Jun 28, 2022 for $545,000.
What is the current tax assessment for 501 Belem Dr?
The most recent total assessment for 501 Belem Dr (year 2025) is $528,800 with $5,340 in property tax.
How does 501 Belem Dr's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $545,000.
When was 501 Belem Dr built?
501 Belem Dr was built in 1987.
How does 501 Belem Dr compare to others on Belem Dr?
We track 8 other properties on Belem Dr. Browse the list under "Other properties on Belem Dr" to compare beds, baths, and sale history.
What are the property facts for 501 Belem Dr?
501 Belem Dr is a 4 bed, 2 bath, 2,670 sqft, 21,693 sqft lot single_family.
Is 501 Belem Dr a flip candidate?
No — 501 Belem Dr does not appear in our flips dataset.
Is 501 Belem Dr a tax-appeal candidate?
No — 501 Belem Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$665.5K
2026 Q4
$679.8K
ZIP 23322 — Median Price History + Forecast

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