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304 Fairfax Ter

Chesapeake, VA 23320

3 bd 2 ba 1,608 sqft Built 1989 Lot 7,623 sqft townhomes
Most recent sale
$239,500
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $239,500 Public Record
Jul 11, 2022 Listed $260,000 MLS #10446849
Oct 2, 2014 Sold $169,000 Public Record
Sep 10, 2014 Listing removed $174,900 HamptonRoads
Aug 20, 2014 Listed $174,900 MLS #1436782
Jul 1, 2012 Listing removed $184,900 HamptonRoads
Apr 18, 2012 Relisted $184,900 MLS #1137572
Mar 9, 2012 Listing removed $184,900 HamptonRoads
Sep 22, 2011 Listed $184,900 MLS #1137572
May 8, 2001 Sold $92,000 Public Record
May 1, 1989 Sold $77,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $177,200 $95,000 $272,200 $2,749
2023 $163,800 $80,000 $243,800 $2,462
2022 $146,700 $65,000 $211,700 $2,138
2021 $136,300 $50,000 $186,300 $1,956
2020 $138,500 $50,000 $188,500 $1,979
2019 $135,900 $45,000 $180,900 $1,899
2018 $135,900 $45,000 $180,900 $1,899
2017 $112,600 $55,000 $167,600 $1,760
2016 $109,300 $55,000 $164,300 $1,725
2015 $109,300 $55,000 $164,300 $1,725
2014 $109,300 $55,000 $164,300 $1,725
2013 $107,100 $55,000 $162,100 $1,702
2012 $107,100 $55,000 $162,100 $1,702
2011 $116,100 $65,000 $181,100 $1,902
2010 $118,700 $65,000 $183,700 $1,929
2009 $118,700 $70,000 $188,700 $1,981
2008 $118,700 $70,000 $188,700 $1,981
2007 $117,600 $65,000 $182,600 $1,935

Property facts

Year built
1989
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,608 sqft
Lot size
7,623 sqft
ZIP code
23320
City
Chesapeake
Street
Fairfax Ter
Coordinates
36.75135, -76.24173

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
$2,412
Gross rental yield
12.09%
Implied cap rate
7.86%
Trend-extrapolated value

Frequently asked questions

When did 304 Fairfax Ter last sell?
304 Fairfax Ter most recently sold on Sep 2, 2022 for $239,500.
What is the current tax assessment for 304 Fairfax Ter?
The most recent total assessment for 304 Fairfax Ter (year 2025) is $272,200 with $2,749 in property tax.
How does 304 Fairfax Ter's assessment compare to its last sale price?
The current assessment is 13.7% above the last sale price of $239,500.
When was 304 Fairfax Ter built?
304 Fairfax Ter was built in 1989.
How does 304 Fairfax Ter compare to others on Fairfax Ter?
We track 6 other properties on Fairfax Ter. Browse the list under "Other properties on Fairfax Ter" to compare beds, baths, and sale history.
What are the property facts for 304 Fairfax Ter?
304 Fairfax Ter is a 3 bed, 2 bath, 1,608 sqft, 7,623 sqft lot townhomes.
Is 304 Fairfax Ter a flip candidate?
No — 304 Fairfax Ter does not appear in our flips dataset.
Is 304 Fairfax Ter a tax-appeal candidate?
No — 304 Fairfax Ter 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
+0.8%
Implied 1-yr
+3.0%
2026 Q3
$416.6K
2026 Q4
$419.6K
ZIP 23320 — Median Price History + Forecast

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