Chesapeake City property record for 508 Bud Dr, Chesapeake, VA 23322
| Property Type | Bank, Financial Building |
|---|---|
| Details | 3,604 sqft · built 2010 |
| Lot Size | 1.7 acres (74,096 sqft) |
| Owner | 2 Company Names on File |
| Last Sale | $1,400,000 (Aug 2007) |
| Tax Bill | $30,891 (2025) |
| APN | 0460000001680 |
| Primary APN | 0460000001680 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 3,604 sqft Total Area |
| Fire Sprinklers | Fire Sprinklers |
| Year Built | Built 2010 |
|---|---|
| Effective Year Built | Effective 2010 |
| Exterior Material | Brick Veneer |
| Lot Area | 74,096 sqft (1.7 acres) |
| Utility Building | 3,604 sqft |
| Heating System | Heat Pump |
|---|---|
| Sewer | Municipal |
| Water Source | Commercial |
| Street Address | 508 BUD DR |
|---|---|
| City | CHESAPEAKE |
| State | VA |
| Zip | 23322-7460 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Bank, Financial Building |
| Local Zoning Code | B2: GENERA |
| Legal Description | PARCEL B7 SUBD DOMINION COMMONS 1.7015AC |
| Legal Subdivision | CEDAR ROAD CORRIDOR |
| Jurisdiction | CHESAPEAKE CITY VA |
| Township / Civil Division | CHESAPEAKE |
| Census Block Group | 1 |
| Census Block | 1009 |
| Census Tract | 21014 |
Source: Chesapeake City records, as of October 13, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | 2 Company Names on File |
|---|---|
| Mailing Address | PO BOX 24626, MERRIFIELD, VA 22119-4626 |
| Owner Type | Company |
| Vesting | Company |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Aug 1, 2007 · Amount on File |
| Deed Sale | Aug 1, 2007 · Amount on File |
| Prior Sale | Aug 1, 2007 · Amount on File |
| Deed Book / Page | 7171 / 270 |
| Record Updated | Oct 29, 2026 |
Source: Chesapeake City assessment roll, as of October 13, 2026
| Type | Name |
|---|---|
| State | Virginia |
| Municipality | Chesapeake City |
| Unified School District | Chesapeake City Public Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $3,139,400 (+2.65%) Land $1,522,900 Building $1,616,500 | $3,139,400 (+2.65%) Land $1,522,900 Building $1,616,500 | |
| 2025 | $30,891.00 (-0.56%) | $3,058,500 (-11.27%) Land $1,522,900 Building $1,535,600 | $3,058,500 (-11.27%) Land $1,522,900 Building $1,535,600 |
| 2023 | $3,446,900 (+4.7%) Land $1,871,100 Building $1,575,800 | $3,446,900 (+4.7%) Land $1,871,100 Building $1,575,800 | |
| 2022 | $3,292,300 Land $1,871,100 Building $1,421,200 | $3,292,300 Land $1,871,100 Building $1,421,200 | |
| 2019 | $31,066.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Not on file |
|---|---|
| Flood Insurance Cost | Premium on File median of 39 policies |
| Community Rating System | Class 7 (15% premium discount) |
| Nearby Flood Policies | 39 in force |
| Nearby Flood Claims | 2 (2019–2020) |
| Claims Outside the SFHA | 2 of 2 |
| Most Recent Claim | Nov 2020 · rainfall accumulation |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 71% of Virginia |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | Indirect within ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF CHESAPEAKE - NORTHWEST RIVER SYS serves 165,240 people · EPA ID VA3550051 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Jun 2025 |
| Lead | 1 ppb (2023–2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 49 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Cox Communications Cable · Fiber in parts of the area | 2,000 / 100 |
| Verizon Fiber | 980 / 880 |
| Starlink Satellite | 280 / 30 |
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