This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Sold for $235,000
Street View
$235,000
505 Chipen Rd, Wakefield, VA 23888
3beds
2baths
--sqft
MobileManufactured
Built in 2006
-- sqft lot
$298,400 Zestimate®
$--/sqft
$1,687 Estimated rent
Home value
$298,400
$269,000 - $325,000
$1,687/mo
Zestimate® history
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What's special
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2023 | Sold | $235,000+100% |
Source: Public Record Report a problem | ||
| 9/29/2009 | Sold | $117,500-20.3% |
Source: Public Record Report a problem | ||
| 1/9/2008 | Sold | $147,373 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $899 +10.4% | $169,700 |
| 2023 | $815 | $169,700 |
| 2022 | $815 -5.7% | $169,700 +14% |
Find assessor info on the county website
Neighborhood: 23888
Nearby schools
GreatSchools rating
- 6/10Sussex Central Elementary SchoolGrades: PK-5Distance: 14.5 mi
- 3/10Sussex Central Middle SchoolGrades: 6-8Distance: 14.8 mi
- 4/10Sussex Central High SchoolGrades: 9-12Distance: 14.7 mi