Welcome to 502 Oaklette Drive, a building located in Indian River, Chesapeake in Chesapeake, VA.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1951.
There are a total of 2 floors.
Finally, 502 Oaklette Drive was most recently sold on Jan 19, 2021 for $235,000.
The market value for the land that the building sits on has been listed at $95,000.
In addition, improvements upon the building have an added value of $161,000.
In total, the total market value of the property as a whole is $256,000.
According to local assessors, the total value of the building is currently valued at $256,000.
Specifically, the value of the land that the property sits on has been assessed at $95,000.
The building was last assessed in 2023.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
Are you a fan of fireplaces? Good news! This property has one single fireplace.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
More About The Building
In total, the building area is listed as 1,798 square feet.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 502 Oaklette Drive is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Indian River area have a median price of $1,650.
Those in the 25th percentile, have a price around $1,496.
While those in the 75th percentile, have a price around $1,856.
Typically, the buildings in this area have a median sqft of 1,358.
That means that the median price per sqft is around $1.
In other words, the price per sqft for buildings in the 25th percentile is $1.
While the price per sqft for buildings in the 75th percentile is $2.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There are currently no one bedroom listings being advertised in the area.
- There are currently a total of 3 two bedroom listings.
The median price for these types of listings is $1,500.
That's $1.30 price per sqft.
- There are currently a total of 2 three bedroom listings.
The median price for these types of listings is $1,600.
That's $1.51 price per sqft.
- There is currently a single advertised four bedroom listing.
About The Area
502 Oaklette Drive is located in Chesapeake city, Virginia.
There are 233,194 people living here.
There are 82,573 households.
Most of these households have an average family size of 3.19 people.
According to the census, 30% are currently renting while 70% own their homes.
The median age of this population is around 36.7 years old.
On average, most folks in the county are married.
About 7% of folks speak a language other than English in this area.
The area's employment rate is currently around 58.9%.
Speaking of employment, the median income is $69,978.
Most folks will commute by car for around 25.7 minutes.
Finally, we know that 26% of residents in the area have graduated with their high school degree.
Additionally, 19% and 11% have their Bachelor's and Master's degree, respectfully.
Moving on to the urban area level.
Virginia Beach, VA Urban Area has a population of 1,466,616 people.
Based on census records, there are 543,929 registered households.
Families in this area are on average made up of 3.16 people per household.
Most folks are unmarried.
They are also typically around 34.4 years old.
Does diversity matter to you? Right now, 9% of folks speak a language other than English here.
About 42% rent while 58% purchased their homes.
Right now, the community is made up of 25% of residents who have graduated with at least a high school degree.
On top of that, 19% have a Bachelor's degree and 11% have a Master's degree.
The employment rate is currently around 57.6%.
Those employed, have a median income of $58,378.
PUBLIC TRANSIT
INDIAN RIVER & SAINT LAWRENCE
(760 ft - 3 min walk)
Hampton Roads Transit (HRT)
INDIAN RIVER & SAINT LAWRENCE
(860 ft - 4 min walk)
Hampton Roads Transit (HRT)
INDIAN RIVER & ORMER
(0.28 mi - 7 min walk)
Hampton Roads Transit (HRT)
INDIAN RIVER & LILAC
(0.30 mi - 7 min walk)
Hampton Roads Transit (HRT)
INDIAN RIVER & KEMP
(0.38 mi - 9 min walk)
Hampton Roads Transit (HRT)
