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2040 Berkley Ave

Chesapeake, VA 23324

2 bd 1 ba 874 sqft Built 1910 Lot 2,962 sqft single_family
Most recent sale
$61,000
Nov 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2022 Price changed for rent $1,395 Zumper
Dec 21, 2022 Price changed for rent $1,395 AppfolioUnits
Nov 5, 2022 Price changed for rent $1,495 AppfolioUnits
Nov 4, 2022 Price changed for rent $1,495 Zumper
Nov 3, 2022 Price changed for rent $1,495 HamptonRoads
Oct 18, 2022 Price changed for rent $1,595 AppfolioUnits
Oct 17, 2022 Price changed for rent $1,595 HamptonRoads
Oct 16, 2022 Listed for rent $1,650 HamptonRoads
Oct 15, 2022 Listed for rent $1,650 AppfolioUnits
Oct 14, 2022 Listed for rent $1,650 Zumper
Sep 20, 2022 Sold $159,900 Public Record
Aug 4, 2022 Price changed $159,900 MLS #10439164
Jul 15, 2022 Price changed $164,900 MLS #10439164
Jun 16, 2022 Price changed $169,900 MLS #10439164
May 30, 2022 Listed $179,900 MLS #10439164
Nov 15, 2021 Sold $61,000 Public Record
Oct 14, 2021 Price changed $64,600 MLS #10399920
Sep 24, 2021 Price changed $68,100 MLS #10399920
Sep 10, 2021 Listed $68,900 MLS #10399920

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $101,600 $85,000 $186,600 $1,884
2023 $87,900 $75,000 $162,900 $1,645
2022 $59,100 $60,000 $119,100 $1,202
2021 $55,000 $45,000 $100,000 $1,050
2020 $52,200 $45,000 $97,200 $1,021
2019 $50,700 $45,000 $95,700 $1,005
2018 $45,800 $45,000 $90,800 $953
2017 $45,800 $45,000 $90,800 $953
2016 $44,500 $45,000 $89,500 $940
2015 $44,500 $45,000 $89,500 $940
2014 $44,500 $45,000 $89,500 $940
2013 $43,900 $45,000 $88,900 $933
2012 $44,800 $45,000 $89,800 $943
2011 $45,800 $50,000 $95,800 $1,006
2010 $58,500 $55,000 $113,500 $1,192
2009 $60,400 $60,000 $120,400 $1,264
2008 $63,600 $60,000 $123,600 $1,298
2007 $62,900 $55,000 $117,900 $1,249

Property facts

Year built
1910
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
874 sqft
Lot size
2,962 sqft
ZIP code
23324
City
Chesapeake
Street
Berkley Ave
Coordinates
36.82307, -76.26274

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
$366
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2040 Berkley Ave last sell?
2040 Berkley Ave most recently sold on Nov 15, 2021 for $61,000.
What is the current tax assessment for 2040 Berkley Ave?
The most recent total assessment for 2040 Berkley Ave (year 2025) is $186,600 with $1,884 in property tax.
How does 2040 Berkley Ave's assessment compare to its last sale price?
The current assessment is 205.9% above the last sale price of $61,000.
When was 2040 Berkley Ave built?
2040 Berkley Ave was built in 1910.
How does 2040 Berkley Ave compare to others on Berkley Ave?
We track 8 other properties on Berkley Ave. Browse the list under "Other properties on Berkley Ave" to compare beds, baths, and sale history.
What are the property facts for 2040 Berkley Ave?
2040 Berkley Ave is a 2 bed, 1 bath, 874 sqft, 2,962 sqft lot single_family.
Is 2040 Berkley Ave a flip candidate?
Yes — 2040 Berkley Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2040 Berkley Ave a tax-appeal candidate?
Yes — 2040 Berkley Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+3.8%
2026 Q3
$285.5K
2026 Q4
$288K
ZIP 23324 — Median Price History + Forecast

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