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331 Rio Dr

Chesapeake, VA 23322

4 bd 2 ba 2,405 sqft Built 1987 Lot 13,634 sqft other
Most recent sale
$525,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Sold $525,000 Public Record
Jul 15, 2022 Listed $525,000 MLS #10447361
May 15, 2000 Sold $165,900 Public Record
Jun 3, 1997 Sold $153,500 Public Record
May 6, 1987 Sold $34,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $303,300 $165,000 $468,300 $4,729
2022 $263,700 $145,000 $408,700 $4,127
2021 $239,100 $125,000 $364,100 $3,823
2020 $227,100 $125,000 $352,100 $3,697
2019 $222,900 $125,000 $347,900 $3,653
2018 $220,300 $125,000 $345,300 $3,626
2017 $203,100 $115,000 $318,100 $3,340
2016 $203,100 $115,000 $318,100 $3,340
2015 $200,900 $115,000 $315,900 $3,317
2014 $195,200 $115,000 $310,200 $3,257
2013 $195,200 $115,000 $310,200 $3,257
2012 $199,000 $115,000 $314,000 $3,297
2011 $199,000 $129,000 $328,000 $3,444
2010 $208,400 $129,000 $337,400 $3,543
2009 $208,400 $134,000 $342,400 $3,595
2008 $223,600 $134,000 $357,600 $3,755
2007 $232,300 $134,000 $366,300 $3,882

Property facts

Year built
1987
Property type
other
Stories
2
Beds
4
Baths
2
Living area
2,405 sqft
Lot size
13,634 sqft
ZIP code
23322
City
Chesapeake
Street
Rio Dr
Coordinates
36.71834, -76.28907

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
$3,608
Gross rental yield
8.25%
Implied cap rate
5.36%
Trend-extrapolated value

Frequently asked questions

When did 331 Rio Dr last sell?
331 Rio Dr most recently sold on Aug 24, 2022 for $525,000.
What is the current tax assessment for 331 Rio Dr?
The most recent total assessment for 331 Rio Dr (year 2023) is $468,300 with $4,729 in property tax.
How does 331 Rio Dr's assessment compare to its last sale price?
The current assessment is 10.8% below the last sale price of $525,000.
When was 331 Rio Dr built?
331 Rio Dr was built in 1987.
How does 331 Rio Dr compare to others on Rio Dr?
We track 8 other properties on Rio Dr. Browse the list under "Other properties on Rio Dr" to compare beds, baths, and sale history.
What are the property facts for 331 Rio Dr?
331 Rio Dr is a 4 bed, 2 bath, 2,405 sqft, 13,634 sqft lot other.
Is 331 Rio Dr a flip candidate?
No — 331 Rio Dr does not appear in our flips dataset.
Is 331 Rio Dr a tax-appeal candidate?
No — 331 Rio Dr 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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