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542 Mill Landing Rd

Chesapeake, VA 23322

2 bd 2 ba 1,321 sqft Built 1988 Lot 1,742 sqft townhomes
Most recent sale
$212,500
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $212,500 Public Record
Jul 31, 2022 Listed $212,500 MLS #10450019
Jul 13, 2022 Price changed $212,500 MLS #10434792
Jun 30, 2022 Price changed $215,000 MLS #10434792
Jun 23, 2022 Price changed $217,500 MLS #10434792
Jun 14, 2022 Price changed $215,000 MLS #10434792
May 14, 2022 Price changed $219,900 MLS #10434792
May 6, 2022 Listed $225,000 MLS #10434792
Dec 9, 1988 Sold $62,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $141,200 $110,000 $251,200 $2,537
2023 $120,000 $95,000 $215,000 $2,171
2022 $133,700 $80,000 $213,700 $2,158
2018 $112,400 $55,000 $167,400 $1,758
2017 $109,200 $55,000 $164,200 $1,516
2016 $109,200 $50,000 $159,200 $1,672
2015 $103,000 $50,000 $153,000 $1,607
2014 $103,000 $50,000 $153,000 $1,607
2013 $103,000 $50,000 $153,000 $1,607
2012 $103,000 $55,000 $158,000 $1,659
2011 $103,000 $65,000 $168,000 $1,764
2010 $105,300 $65,000 $170,300 $1,788
2009 $107,700 $75,000 $182,700 $1,918
2008 $107,700 $75,000 $182,700 $1,918
2007 $101,300 $70,000 $171,300 $1,815

Property facts

Year built
1988
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,321 sqft
Lot size
1,742 sqft
ZIP code
23322
City
Chesapeake
Street
Mill Landing Rd
Coordinates
36.71259, -76.25972

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,982
Gross rental yield
11.19%
Implied cap rate
7.28%
Trend-extrapolated value

Frequently asked questions

When did 542 Mill Landing Rd last sell?
542 Mill Landing Rd most recently sold on Sep 28, 2022 for $212,500.
What is the current tax assessment for 542 Mill Landing Rd?
The most recent total assessment for 542 Mill Landing Rd (year 2025) is $251,200 with $2,537 in property tax.
How does 542 Mill Landing Rd's assessment compare to its last sale price?
The current assessment is 18.2% above the last sale price of $212,500.
When was 542 Mill Landing Rd built?
542 Mill Landing Rd was built in 1988.
How does 542 Mill Landing Rd compare to others on Mill Landing Rd?
We track 8 other properties on Mill Landing Rd. Browse the list under "Other properties on Mill Landing Rd" to compare beds, baths, and sale history.
What are the property facts for 542 Mill Landing Rd?
542 Mill Landing Rd is a 2 bed, 2 bath, 1,321 sqft, 1,742 sqft lot townhomes.
Is 542 Mill Landing Rd a flip candidate?
No — 542 Mill Landing Rd does not appear in our flips dataset.
Is 542 Mill Landing Rd a tax-appeal candidate?
Yes — 542 Mill Landing Rd 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
+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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