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1222 Welles Ct

Chesapeake, VA 23320

3 bd 2 ba 1,488 sqft Built 1983 Lot 5,140 sqft single_family
Most recent sale
$325,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $325,000 Public Record
Jul 17, 2022 Listed $325,000 MLS #10447021
May 25, 2017 Sold $245,000 Public Record
Apr 12, 2017 Listed $249,900 MLS #10120618
May 6, 2005 Sold $207,000 Public Record
Feb 2, 2004 Sold $162,500 Public Record
Dec 1, 1998 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $192,300 $155,000 $347,300 $3,507
2023 $197,300 $120,000 $317,300 $3,204
2022 $181,300 $105,000 $286,300 $2,891
2021 $160,000 $90,000 $250,000 $2,625
2020 $161,400 $85,000 $246,400 $2,587
2019 $158,700 $85,000 $243,700 $2,559
2018 $154,700 $85,000 $239,700 $2,517
2017 $141,600 $90,000 $231,600 $2,432
2016 $134,900 $85,000 $219,900 $2,309
2015 $134,900 $80,000 $214,900 $2,256
2014 $134,900 $80,000 $214,900 $2,256
2013 $134,900 $80,000 $214,900 $2,256
2012 $134,900 $85,000 $219,900 $2,309
2011 $139,000 $90,000 $229,000 $2,405
2010 $142,200 $90,000 $232,200 $2,438
2009 $142,200 $100,000 $242,200 $2,543
2008 $145,400 $100,000 $245,400 $2,577
2007 $144,000 $100,000 $244,000 $2,586

Property facts

Year built
1983
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,488 sqft
Lot size
5,140 sqft
ZIP code
23320
City
Chesapeake
Street
Welles Ct
Coordinates
36.77214, -76.21687

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
$2,232
Gross rental yield
8.24%
Implied cap rate
5.36%
Trend-extrapolated value

Frequently asked questions

When did 1222 Welles Ct last sell?
1222 Welles Ct most recently sold on Aug 26, 2022 for $325,000.
What is the current tax assessment for 1222 Welles Ct?
The most recent total assessment for 1222 Welles Ct (year 2025) is $347,300 with $3,507 in property tax.
How does 1222 Welles Ct's assessment compare to its last sale price?
The current assessment is 6.9% above the last sale price of $325,000.
When was 1222 Welles Ct built?
1222 Welles Ct was built in 1983.
How does 1222 Welles Ct compare to others on Welles Ct?
We track 7 other properties on Welles Ct. Browse the list under "Other properties on Welles Ct" to compare beds, baths, and sale history.
What are the property facts for 1222 Welles Ct?
1222 Welles Ct is a 3 bed, 2 bath, 1,488 sqft, 5,140 sqft lot single_family.
Is 1222 Welles Ct a flip candidate?
No — 1222 Welles Ct does not appear in our flips dataset.
Is 1222 Welles Ct a tax-appeal candidate?
No — 1222 Welles Ct 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
+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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