553 Summit Ridge Dr
Chesapeake, VA 23322
3 bd 2 ba 1,539 sqft Built 1968 Lot 15,159 sqft single_family
Most recent sale
$367,000
Jul 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 27, 2022 | Sold | $367,000 | Public Record |
| May 22, 2022 | Listed | $360,000 | MLS #10437569 |
| Apr 23, 2014 | Sold | $250,000 | Public Record |
| Mar 22, 2014 | Listing removed | $250,000 | HamptonRoads |
| Mar 5, 2014 | Price changed | $250,000 | MLS #1407473 |
| Feb 28, 2014 | Listed | $245,000 | MLS #1407473 |
| Jan 14, 2014 | Sold | $125,000 | Public Record |
| Sep 20, 1968 | Sold | $22,800 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $180,300 | $185,000 | $365,300 | $3,689 |
| 2023 | $154,400 | $175,000 | $329,400 | $3,326 |
| 2022 | $144,000 | $150,000 | $294,000 | $2,969 |
| 2021 | $129,600 | $125,000 | $254,600 | $2,673 |
| 2020 | $123,600 | $120,000 | $243,600 | $2,558 |
| 2019 | $123,600 | $120,000 | $243,600 | $2,558 |
| 2018 | $125,800 | $120,000 | $245,800 | $2,581 |
| 2017 | $130,500 | $120,000 | $250,500 | $2,630 |
| 2016 | $130,500 | $110,000 | $240,500 | $2,525 |
| 2015 | $136,700 | $100,000 | $236,700 | $2,485 |
| 2014 | $136,200 | $100,000 | $236,200 | $2,480 |
| 2013 | $136,200 | $100,000 | $236,200 | $2,480 |
| 2012 | $136,200 | $100,000 | $236,200 | $2,480 |
| 2011 | $132,200 | $110,000 | $242,200 | $2,543 |
| 2010 | $132,200 | $120,000 | $252,200 | $2,648 |
| 2009 | $137,500 | $130,000 | $267,500 | $2,809 |
| 2008 | $138,500 | $130,000 | $268,500 | $2,819 |
| 2007 | $137,200 | $130,000 | $267,200 | $2,832 |
Property facts
Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,539 sqft
Lot size
15,159 sqft
ZIP code
23322
City
Chesapeake
Street
Summit Ridge Dr
Coordinates
36.70715, -76.21715
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,309
Gross rental yield
7.55%
Implied cap rate
4.91%
Trend-extrapolated value
—
Frequently asked questions
When did 553 Summit Ridge Dr last sell?
553 Summit Ridge Dr most recently sold on Jul 27, 2022 for $367,000.
What is the current tax assessment for 553 Summit Ridge Dr?
The most recent total assessment for 553 Summit Ridge Dr (year 2025) is $365,300 with $3,689 in property tax.
How does 553 Summit Ridge Dr's assessment compare to its last sale price?
The current assessment is 0.5% below the last sale price of $367,000.
When was 553 Summit Ridge Dr built?
553 Summit Ridge Dr was built in 1968.
How does 553 Summit Ridge Dr compare to others on Summit Ridge Dr?
We track 8 other properties on Summit Ridge Dr. Browse the list under "Other properties on Summit Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 553 Summit Ridge Dr?
553 Summit Ridge Dr is a 3 bed, 2 bath, 1,539 sqft, 15,159 sqft lot single_family.
Is 553 Summit Ridge Dr a flip candidate?
No — 553 Summit Ridge Dr does not appear in our flips dataset.
Is 553 Summit Ridge Dr a tax-appeal candidate?
No — 553 Summit Ridge Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$665.5K
2026 Q4
$679.8K
ZIP 23322 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit Ridge Dr