1407 Sommerton Way
Chesapeake, VA 23320
3 bd 2 ba 2,808 sqft Built 2008 Lot 1,347 sqft condo
Most recent sale
$527,000
Jul 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 20, 2022 | Sold | $527,000 | Public Record |
| Jul 3, 2022 | Listed | $525,000 | MLS #10444603 |
| May 5, 2015 | Sold | $399,900 | Public Record |
| Oct 17, 2014 | Listing removed | $429,000 | HamptonRoads |
| Oct 4, 2014 | Price changed | $429,000 | MLS #1435139 |
| Aug 8, 2014 | Listed | $435,000 | MLS #1435139 |
| Nov 10, 2009 | Sold | $482,775 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $413,700 | $115,000 | $528,700 | $5,339 |
| 2023 | $393,600 | $105,000 | $498,600 | $5,035 |
| 2021 | $300,200 | $95,000 | $395,200 | $4,150 |
| 2020 | $310,600 | $95,000 | $405,600 | $4,259 |
| 2019 | $332,200 | $95,000 | $427,200 | $4,486 |
| 2018 | $370,900 | $75,000 | $445,900 | $4,682 |
| 2017 | $370,900 | $75,000 | $445,900 | $4,682 |
| 2016 | $370,900 | $75,000 | $445,900 | $4,682 |
| 2015 | $374,700 | $75,000 | $449,700 | $4,722 |
| 2014 | $370,000 | $65,000 | $435,000 | $4,568 |
| 2013 | $381,500 | $50,000 | $431,500 | $4,531 |
| 2012 | $381,500 | $50,000 | $431,500 | $4,531 |
| 2011 | $374,200 | $50,000 | $424,200 | $4,454 |
| 2010 | $393,900 | $50,000 | $443,900 | $4,661 |
Property facts
Year built
2008
Property type
condo
Stories
2
Beds
3
Baths
2
Living area
2,808 sqft
Lot size
1,347 sqft
ZIP code
23320
City
Chesapeake
Street
Sommerton Way
Coordinates
36.75012, -76.20716
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
$4,212
Gross rental yield
9.59%
Implied cap rate
6.23%
Trend-extrapolated value
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Frequently asked questions
When did 1407 Sommerton Way last sell?
1407 Sommerton Way most recently sold on Jul 20, 2022 for $527,000.
What is the current tax assessment for 1407 Sommerton Way?
The most recent total assessment for 1407 Sommerton Way (year 2025) is $528,700 with $5,339 in property tax.
How does 1407 Sommerton Way's assessment compare to its last sale price?
The current assessment is 0.3% above the last sale price of $527,000.
When was 1407 Sommerton Way built?
1407 Sommerton Way was built in 2008.
How does 1407 Sommerton Way compare to others on Sommerton Way?
We track 5 other properties on Sommerton Way. Browse the list under "Other properties on Sommerton Way" to compare beds, baths, and sale history.
What are the property facts for 1407 Sommerton Way?
1407 Sommerton Way is a 3 bed, 2 bath, 2,808 sqft, 1,347 sqft lot condo.
Is 1407 Sommerton Way a flip candidate?
No — 1407 Sommerton Way does not appear in our flips dataset.
Is 1407 Sommerton Way a tax-appeal candidate?
No — 1407 Sommerton Way 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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