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340 Faire Chase

Chesapeake, VA 23322

3 bd 2 ba 1,290 sqft Built 1983 Lot 2,352 sqft townhomes
Most recent sale
$254,900
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $254,900 Public Record
Aug 12, 2022 Price changed $254,900 MLS #10434378
Jun 16, 2022 Price changed $259,900 MLS #10434378
Jun 9, 2022 Price changed $264,000 MLS #10434378
Jun 3, 2022 Price changed $259,800 MLS #10434378
May 13, 2022 Price changed $259,900 MLS #10434378
May 12, 2022 Price changed $259,000 MLS #10434378
May 5, 2022 Price changed $270,000 MLS #10434378
May 2, 2022 Listed $259,900 MLS #10434378
Sep 21, 2021 Sold $150,000 Public Record
Oct 30, 1990 Sold $30,000 Public Record
Jan 6, 1984 Sold $63,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $158,900 $115,000 $273,900 $2,766
2023 $141,800 $100,000 $241,800 $2,442
2022 $121,600 $80,000 $201,600 $2,036
2021 $109,300 $70,000 $179,300 $1,883
2020 $105,500 $70,000 $175,500 $1,843
2019 $108,300 $55,000 $163,300 $1,715
2018 $108,300 $55,000 $163,300 $1,714
2017 $111,700 $50,000 $161,700 $1,698
2016 $111,700 $50,000 $161,700 $1,698
2015 $111,700 $50,000 $161,700 $1,698
2014 $106,700 $50,000 $156,700 $1,645
2013 $101,600 $50,000 $151,600 $1,592
2012 $106,700 $55,000 $161,700 $1,698
2011 $101,600 $65,000 $166,600 $1,749
2010 $106,300 $65,000 $171,300 $1,799
2009 $106,300 $75,000 $181,300 $1,904
2008 $106,300 $75,000 $181,300 $1,904
2007 $107,400 $70,000 $177,400 $1,880

Property facts

Year built
1983
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,290 sqft
Lot size
2,352 sqft
ZIP code
23322
City
Chesapeake
Street
Faire Chase
Coordinates
36.70911, -76.26902

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
$1,935
Gross rental yield
9.11%
Implied cap rate
5.92%
Trend-extrapolated value

Frequently asked questions

When did 340 Faire Chase last sell?
340 Faire Chase most recently sold on Sep 23, 2022 for $254,900.
What is the current tax assessment for 340 Faire Chase?
The most recent total assessment for 340 Faire Chase (year 2025) is $273,900 with $2,766 in property tax.
How does 340 Faire Chase's assessment compare to its last sale price?
The current assessment is 7.5% above the last sale price of $254,900.
When was 340 Faire Chase built?
340 Faire Chase was built in 1983.
How does 340 Faire Chase compare to others on Faire Chase?
We track 8 other properties on Faire Chase. Browse the list under "Other properties on Faire Chase" to compare beds, baths, and sale history.
What are the property facts for 340 Faire Chase?
340 Faire Chase is a 3 bed, 2 bath, 1,290 sqft, 2,352 sqft lot townhomes.
Is 340 Faire Chase a flip candidate?
Yes — 340 Faire Chase appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 340 Faire Chase a tax-appeal candidate?
No — 340 Faire Chase 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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