#10588359, Chris Berry, Listing office: The Real Estate Group
501 Fernwood Farms Rd Chesapeake, VA 23320
Property details
About 501 Fernwood Farms Rd
Don’t miss this incredible opportunity to transform a spacious 4-bedroom, 1.5-bath ranch with over 2,200 sq ft of living space! This home offers great bones and endless potential for the right investor or buyer with a vision. Situated on a generous lot with a fully fenced backyard, there’s plenty of room to create your ideal outdoor retreat. Being sold as is, where is—a true diamond in the rough waiting to shine! Schedule your showing today!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dryer, Microwave, Gas Range, Refrigerator, Washer
- Basement: No
- Flooring Type: Carpet, Laminate/LVP
- Total Bedroom Count: 4
- Private Pool: No
- Parking: Driveway Spc
- Architectural Style: Ranch
- Heating: Natural Gas
- Cooling: Central Air, Wall/Window Unit(s)
- List Price: $350,000
- Price/SqFt: $186
- HOA Amount: $0
- Annual Tax Amount: $2,151
- Tax Year: 2024
- Year Built: 1948
- Stories: 1
- Living Area: 1,873 SqFt
- Lot Size: 2 Acres
- MLS Number: 10590940
- Office Name: Atlantic Sothebys Int'l Realty
- Listing Agent: Kris Weaver
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Last updated on: 7/28/2025, 9:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $315,000 | $2,151 |
2023 | $274,800 | $2,151 |
2022 | $242,100 | $2,151 |
2021 | $217,000 | $2,151 |
2020 | $204,900 | $2,151 |
2018 | $188,300 | $2,006 |
2017 | $188,300 | $1,977 |
History based on county public records data.
Nearby schools
4
Crestwood Intermediate School
Public District 3-5
1.2 mi
•1240 Great Bridge Blvd
9
Cedar Road Elementary School
Public District PK-5
1.8 mi
•1605 Cedar Rd
7
Deep Creek Central Elementary School
Public District PK-5
3.3 mi
•2448 Shipyard Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,534. The most common annual income of people living in Chesapeake, VA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 501 Fernwood Farms Rd
The listing price of 501 Fernwood Farms Rd property is $350,000.
The property 501 Fernwood Farms Rd is a house located in Chesapeake, Virginia, 23320.
Active Listing: 501 Fernwood Farms Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 Fernwood Farms Rd are: Crestwood Intermediate School (GreatSchools Rating 4/10), Cedar Road Elementary School (GreatSchools Rating 9/10), Deep Creek Central Elementary School (GreatSchools Rating 7/10), Crestwood Middle School (GreatSchools Rating 5/10), Greenbrier Middle School (GreatSchools Rating 6/10), Hugo A. Owens Middle School (GreatSchools Rating 6/10), Oscar Smith High School (GreatSchools Rating 4/10), Grassfield High School (GreatSchools Rating 8/10), Deep Creek High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $2,151 (source: MLS/based on county public records data).
The property at 501 Fernwood Farms Rd has 4 bedrooms and 1 full and 1 half bathrooms.
The property 501 Fernwood Farms Rd is 1,873 SqFt (source: MLS/tax record).
The year of construction for 501 Fernwood Farms Rd is 1948.
This home is located at 501 Fernwood Farms Rd in Chesapeake, VA and zip code 23320 in the Fernwood Farms neighborhood. This 1,873 square foot home, which was built in 1948, sits on a 2.00 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $350,000.
While more than 0 listings in Chesapeake, VA in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. In June 2025 in Chesapeake, VA there were 9.5% more homes for sale than in May. In June 2025, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $395,000.