1408 Elder Ave Chesapeake, VA 23325
Indian River NeighborhoodEstimated payment $1,876/month
Highlights
- Traditional Architecture
- 1 Fireplace
- Central Air
- Wood Flooring
- No HOA
- 1-Story Property
About This Home
***Auction*** List price is starting bid only; final price TBD by auction or sealed bid. 10% buyer’s premium applies. 2,380 SQ FT Ranch | Multi-Gen Potential | Chesapeake
Value-add 1954 ranch on .344 acres, sold AS-IS. 4 BR / 3 BA total across entire structure. Main House: 3 BR / 1 BA with original hardwoods, large living room, brick fireplace, knotty pine paneling, and kitchen with stainless fridge. In-Law Suite: Attached with private entrance, living area, kitchenette, 1 BR / 1 BA, and tandem bonus room. Exterior/Extras: Detached garage/workshop, bonus full bath in garage area, extensive accessibility ramp, and ample paved/gravel parking. Nearly 2,400 sq ft footprint offers massive equity potential. Bids accepted online or via sealed bid anytime. If sealed bid is accepted, auction concludes. Auction Closes: May 9, 2026, 2PM EST. Listing agent related to auctioneer. Auction Firm Lic # 290800109
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,125
Year Built
- Built in 1954
Lot Details
- 14,985 Sq Ft Lot
- Lot Dimensions are 150 x 100
- Back Yard Fenced
- Property is zoned R6
Parking
- Driveway
Home Design
- Traditional Architecture
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,380 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Crawl Space
- Range
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Norfolk Highlands Primary Elementary School
- Indian River Middle School
- Indian River High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Norfolk Highlands Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,960 | $309,400 | $120,000 | $189,400 |
| 2024 | $2,960 | $293,100 | $110,000 | $183,100 |
| 2023 | $2,573 | $276,100 | $105,000 | $171,100 |
| 2022 | $2,579 | $255,300 | $100,000 | $155,300 |
| 2021 | $2,345 | $223,300 | $85,000 | $138,300 |
| 2020 | $2,109 | $222,200 | $85,000 | $137,200 |
| 2019 | $2,109 | $200,900 | $85,000 | $115,900 |
| 2018 | $2,062 | $196,400 | $85,000 | $111,400 |
| 2017 | $1,813 | $196,400 | $85,000 | $111,400 |
| 2016 | $2,062 | $196,400 | $85,000 | $111,400 |
| 2015 | $2,039 | $194,200 | $85,000 | $109,200 |
| 2014 | $2,039 | $194,200 | $85,000 | $109,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | For Sale | $300,000 | -- | $126 / Sq Ft |
Source: Real Estate Information Network (REIN)
MLS Number: 10626724
APN: 0201001006740
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