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509 Belem Dr

Chesapeake, VA 23322

4 bd 2 ba 2,072 sqft Built 1992 Lot 13,416 sqft single_family
Most recent sale
$415,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $415,000 Public Record
Jul 25, 2022 Price changed $439,000 MLS #10438990
Jul 15, 2022 Price changed $469,900 MLS #10438990
Jun 9, 2022 Price changed $479,900 MLS #10438990
May 30, 2022 Listed $495,000 MLS #10438990
Jun 25, 1992 Sold $125,000 Public Record
Jan 7, 1992 Sold $27,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $267,000 $205,000 $472,000 $4,767
2023 $265,700 $165,000 $430,700 $4,350
2022 $233,100 $145,000 $378,100 $3,818
2021 $210,700 $125,000 $335,700 $3,525
2020 $196,800 $125,000 $321,800 $3,379
2019 $193,100 $125,000 $318,100 $3,340
2018 $193,100 $125,000 $318,100 $3,340
2017 $188,500 $125,000 $313,500 $3,292
2016 $188,500 $125,000 $313,500 $3,292
2015 $188,500 $125,000 $313,500 $3,292
2014 $179,600 $125,000 $304,600 $3,198
2013 $179,600 $125,000 $304,600 $3,198
2012 $183,100 $125,000 $308,100 $3,235
2011 $183,100 $140,000 $323,100 $3,393
2010 $183,700 $140,000 $323,700 $3,399
2009 $183,700 $145,000 $328,700 $3,451
2008 $197,500 $145,000 $342,500 $3,596
2007 $205,300 $145,000 $350,300 $3,713

Property facts

Year built
1992
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,072 sqft
Lot size
13,416 sqft
ZIP code
23322
City
Chesapeake
Street
Belem Dr
Coordinates
36.70402, -76.28448

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
$3,108
Gross rental yield
8.99%
Implied cap rate
5.84%
Trend-extrapolated value

Frequently asked questions

When did 509 Belem Dr last sell?
509 Belem Dr most recently sold on Aug 29, 2022 for $415,000.
What is the current tax assessment for 509 Belem Dr?
The most recent total assessment for 509 Belem Dr (year 2025) is $472,000 with $4,767 in property tax.
How does 509 Belem Dr's assessment compare to its last sale price?
The current assessment is 13.7% above the last sale price of $415,000.
When was 509 Belem Dr built?
509 Belem Dr was built in 1992.
How does 509 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 509 Belem Dr?
509 Belem Dr is a 4 bed, 2 bath, 2,072 sqft, 13,416 sqft lot single_family.
Is 509 Belem Dr a flip candidate?
No — 509 Belem Dr does not appear in our flips dataset.
Is 509 Belem Dr a tax-appeal candidate?
No — 509 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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