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1202 Mill Lake Quarter

Chesapeake, VA 23320

3 bd 1 ba 1,292 sqft Built 1984 Lot 1,786 sqft townhomes
Most recent sale
$225,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 7, 2025 Sold $275,000 Public Record
Mar 11, 2025 Price changed $285,000 HamptonRoads
Mar 1, 2025 Listed $290,000 HamptonRoads
May 31, 2022 Sold $225,000 Public Record
Apr 16, 2022 Listed $232,000 MLS #10431741
Feb 11, 2021 Listed for rent $1,395 HamptonRoads
Jun 22, 2017 Listing removed $1,250 HamptonRoads
Jun 6, 2017 Listed for rent $1,250 HamptonRoads
Jul 15, 2015 Listing removed $1,250 HamptonRoads
Jul 8, 2015 Listed for rent $1,250 HamptonRoads
Oct 3, 1989 Sold $67,000 Public Record
Jan 18, 1985 Sold $62,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $176,100 $100,000 $276,100 $2,788
2023 $169,100 $70,000 $239,100 $2,414
2022 $147,600 $65,000 $212,600 $2,147
2021 $110,100 $65,000 $175,100 $1,839
2020 $101,600 $60,000 $161,600 $1,696
2019 $98,000 $60,000 $158,000 $1,659
2018 $94,300 $60,000 $154,300 $1,620
2017 $86,900 $60,000 $146,900 $1,542
2016 $84,400 $60,000 $144,400 $1,516
2015 $79,500 $60,000 $139,500 $1,464
2014 $86,400 $60,000 $146,400 $1,537
2013 $86,400 $60,000 $146,400 $1,537
2012 $86,400 $60,000 $146,400 $1,537
2011 $91,700 $70,000 $161,700 $1,697
2010 $93,800 $70,000 $163,800 $1,719
2009 $102,700 $75,000 $177,700 $1,865
2008 $102,700 $75,000 $177,700 $1,865
2007 $99,700 $65,000 $164,700 $1,745

Property facts

Year built
1984
Property type
townhomes
Stories
2
Beds
3
Baths
1
Living area
1,292 sqft
Lot size
1,786 sqft
ZIP code
23320
City
Chesapeake
Street
Mill Lake Quarter
Coordinates
36.77182, -76.22193

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
$1,938
Gross rental yield
10.34%
Implied cap rate
6.72%
Trend-extrapolated value

Frequently asked questions

When did 1202 Mill Lake Quarter last sell?
1202 Mill Lake Quarter most recently sold on May 31, 2022 for $225,000.
What is the current tax assessment for 1202 Mill Lake Quarter?
The most recent total assessment for 1202 Mill Lake Quarter (year 2025) is $276,100 with $2,788 in property tax.
How does 1202 Mill Lake Quarter's assessment compare to its last sale price?
The current assessment is 22.7% above the last sale price of $225,000.
When was 1202 Mill Lake Quarter built?
1202 Mill Lake Quarter was built in 1984.
How does 1202 Mill Lake Quarter compare to others on Mill Lake Quarter?
We track 8 other properties on Mill Lake Quarter. Browse the list under "Other properties on Mill Lake Quarter" to compare beds, baths, and sale history.
What are the property facts for 1202 Mill Lake Quarter?
1202 Mill Lake Quarter is a 3 bed, 1 bath, 1,292 sqft, 1,786 sqft lot townhomes.
Is 1202 Mill Lake Quarter a flip candidate?
No — 1202 Mill Lake Quarter does not appear in our flips dataset.
Is 1202 Mill Lake Quarter a tax-appeal candidate?
No — 1202 Mill Lake Quarter 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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