1408 Sandchip Ter
Chesapeake, VA 23320
5 bd 3 ba 2,919 sqft Built 2014 Lot 6,796 sqft condo
Most recent sale
$575,000
Aug 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 30, 2022 | Sold | $575,000 | Public Record |
| Jul 5, 2022 | Price changed | $575,000 | MLS #10439237 |
| May 31, 2022 | Listed | $585,000 | MLS #10439237 |
| Jul 2, 2021 | Sold | $549,900 | Public Record |
| May 10, 2021 | Listed | $549,900 | MLS #10376160 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $465,700 | $120,000 | $585,700 | $5,915 |
| 2023 | $439,600 | $100,000 | $539,600 | $5,449 |
| 2021 | $361,300 | $100,000 | $461,300 | $4,844 |
| 2020 | $340,600 | $100,000 | $440,600 | $4,626 |
| 2019 | $337,500 | $100,000 | $437,500 | $4,594 |
| 2018 | $385,400 | $100,000 | $485,400 | $5,096 |
| 2017 | $395,600 | $85,000 | $480,600 | $5,046 |
| 2016 | $395,600 | $85,000 | $480,600 | $5,046 |
| 2015 | $395,600 | $80,000 | $475,600 | $4,994 |
Property facts
Year built
2014
Property type
condo
Stories
1
Beds
5
Baths
3
Living area
2,919 sqft
Lot size
6,796 sqft
ZIP code
23320
City
Chesapeake
Street
Sandchip Ter
Coordinates
36.77057, -76.21180
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
$4,379
Gross rental yield
9.14%
Implied cap rate
5.94%
Trend-extrapolated value
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Frequently asked questions
When did 1408 Sandchip Ter last sell?
1408 Sandchip Ter most recently sold on Aug 30, 2022 for $575,000.
What is the current tax assessment for 1408 Sandchip Ter?
The most recent total assessment for 1408 Sandchip Ter (year 2025) is $585,700 with $5,915 in property tax.
How does 1408 Sandchip Ter's assessment compare to its last sale price?
The current assessment is 1.9% above the last sale price of $575,000.
When was 1408 Sandchip Ter built?
1408 Sandchip Ter was built in 2014.
How does 1408 Sandchip Ter compare to others on Sandchip Ter?
We track 8 other properties on Sandchip Ter. Browse the list under "Other properties on Sandchip Ter" to compare beds, baths, and sale history.
What are the property facts for 1408 Sandchip Ter?
1408 Sandchip Ter is a 5 bed, 3 bath, 2,919 sqft, 6,796 sqft lot condo.
Is 1408 Sandchip Ter a flip candidate?
No — 1408 Sandchip Ter does not appear in our flips dataset.
Is 1408 Sandchip Ter a tax-appeal candidate?
No — 1408 Sandchip Ter 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
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Geography
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