407 Fernwood Farms Rd
Chesapeake, VA 23320
4 bd 2 ba 1,952 sqft Built 2016 Lot 14,985 sqft single_family
Most recent sale
$433,000
May 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2025 | Sold | $475,000 | Public Record |
| Apr 20, 2025 | Listed | $475,000 | HamptonRoads |
| May 16, 2022 | Sold | $433,000 | Public Record |
| Apr 14, 2022 | Listed | $400,000 | MLS #10431378 |
| May 25, 2016 | Sold | $295,000 | Public Record |
| Feb 26, 2016 | Listed | $295,000 | MLS #1609102 |
| Jan 19, 2016 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $315,400 | $140,000 | $455,400 | $4,599 |
| 2023 | $286,800 | $110,000 | $396,800 | $4,007 |
| 2022 | $249,000 | $95,000 | $344,000 | $3,474 |
| 2021 | $225,000 | $85,000 | $310,000 | $3,255 |
| 2020 | $209,300 | $80,000 | $289,300 | $3,038 |
| 2019 | $205,300 | $80,000 | $285,300 | $2,996 |
| 2018 | $205,500 | $80,000 | $285,500 | $2,998 |
| 2017 | $189,300 | $80,000 | $269,300 | $2,828 |
| 2016 | $189,300 | $80,000 | $269,300 | $2,828 |
| 2015 | — | $80,000 | $80,000 | $840 |
| 2014 | — | $80,000 | $80,000 | $840 |
| 2013 | — | $95,000 | $95,000 | $998 |
| 2012 | — | $105,000 | $105,000 | $1,103 |
| 2011 | — | $105,000 | $105,000 | $1,103 |
| 2010 | — | $110,000 | $110,000 | $1,155 |
| 2009 | — | $130,000 | $130,000 | $1,365 |
| 2008 | — | $130,000 | $130,000 | $1,365 |
| 2007 | — | $130,000 | $130,000 | $1,378 |
Property facts
Year built
2016
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,952 sqft
Lot size
14,985 sqft
ZIP code
23320
City
Chesapeake
Street
Fernwood Farms Rd
Coordinates
36.74108, -76.28189
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,928
Gross rental yield
8.11%
Implied cap rate
5.27%
Trend-extrapolated value
—
Frequently asked questions
When did 407 Fernwood Farms Rd last sell?
407 Fernwood Farms Rd most recently sold on May 16, 2022 for $433,000.
What is the current tax assessment for 407 Fernwood Farms Rd?
The most recent total assessment for 407 Fernwood Farms Rd (year 2025) is $455,400 with $4,599 in property tax.
How does 407 Fernwood Farms Rd's assessment compare to its last sale price?
The current assessment is 5.2% above the last sale price of $433,000.
When was 407 Fernwood Farms Rd built?
407 Fernwood Farms Rd was built in 2016.
How does 407 Fernwood Farms Rd compare to others on Fernwood Farms Rd?
We track 8 other properties on Fernwood Farms Rd. Browse the list under "Other properties on Fernwood Farms Rd" to compare beds, baths, and sale history.
What are the property facts for 407 Fernwood Farms Rd?
407 Fernwood Farms Rd is a 4 bed, 2 bath, 1,952 sqft, 14,985 sqft lot single_family.
Is 407 Fernwood Farms Rd a flip candidate?
No — 407 Fernwood Farms Rd does not appear in our flips dataset.
Is 407 Fernwood Farms Rd a tax-appeal candidate?
No — 407 Fernwood Farms Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.8%
Implied 1-yr
+3.0%
2026 Q3
$416.6K
2026 Q4
$419.6K
ZIP 23320 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fernwood Farms Rd