$368,800
- 4 Beds
- 2 Baths
- 1,527 sqft
516 Gerrey Drive, Chesapeake, VA 23323
Est. Refi. Payment $2,295/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 1, 2023 for $330,000
Home Value
Trulia Estimate
$369KSince last month
Decreased$300 (-0.1%)Since last year
Increased$13K (+3.7%)Since last sale
Increased$41K (+12.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +71% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $371K |
| August 2026 | $371K |
| July 2026 | $371K |
| June 2026 | $376K |
| May 2026 | $373K |
| April 2026 | $372K |
| March 2026 | $367K |
| February 2026 | $366K |
| January 2026 | $363K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Single-Family Home | $383,000 | 06/16/26 | 3 | 2 | 1,500 | |
0.22 | Single-Family Home | $348,000 | 06/24/26 | 4 | 2 | 1,176 | |
0.43 | Single-Family Home | $345,000 | 10/17/25 | 4 | 2 | 1,973 | |
0.30 | Single-Family Home | $334,900 | 09/19/25 | 4 | 1 | 1,428 | |
0.21 | Single-Family Home | $332,000 | 12/08/25 | 3 | 1 | 1,314 | |
0.59 | Single-Family Home | $362,000 | 12/16/25 | 4 | 1.5 | 1,425 | |
0.39 | Single-Family Home | $400,000 | 04/06/26 | 4 | 2.5 | 2,000 | |
0.59 | Single-Family Home | $420,000 | 09/26/25 | 4 | 2 | 1,485 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.23 | $415,000 | 3 | 1.5 | 1,508 | Recently Sold | |
0.21 | $332,000 | 3 | 1 | 1,314 | Recently Sold | |
0.23 | $383,000 | 3 | 2 | 1,500 | Recently Sold | |
0.22 | $348,000 | 4 | 2 | 1,176 | Recently Sold | |
0.25 | $358,900 | 4 | 1.5 | 1,350 | Recently Sold | |
0.24 | $357,000 | 3 | 1 | 1,738 | Off Market | |
0.30 | $347,400 | 4 | 1 | 1,428 | Off Market | |
0.33 | $419,900 | 4 | 3.5 | 1,836 | Recently Sold | |
0.33 | $388,800 | 3 | 2 | 1,930 | Off Market | |
0.39 | $400,000 | 4 | 2.5 | 2,000 | Recently Sold | |
0.35 | $315,000 | 3 | 1 | 1,094 | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1985
1,527 sqft
$242/sqft
Attached Garage
About this House
Come check out this 4 bedroom, 2 bathroom home located in Deep Creek in a quiet cul-de-sac. This home offers a large primary bedroom with two closets and ensuite, perfect sized kitchen with eat in dining space, along with a fourth bedroom above the garage! Spacious backyard to entertain friends family. Conveniently located near schools, interstates, shopping centers and restaurants!
516 Gerrey Drive, Chesapeake, VA 23323 is a 4 bedroom, 1,527 sqft single-family home in Deep Creek North, built in 1985. It last sold for the $330,000 asking price on Dec 1, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $368,800, with a rent estimate of $2,552/month.
Last check for updates: about 6 hours ago
Listed by EXP Realty LLC
Bought with: EXP Realty LLC
Source: eXp Realty, MLS#10509166
Home Details for 516 Gerrey Drive
|
|---|
Heating & Cooling Heating: Heat PumpAir ConditioningCooling System: Central AirHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Ceramic |
Appliances & Utilities DishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
|
|---|
Exterior Home Features Roof: Asphalt, Composition |
Parking & Garage GarageParking: Garage Att 1 Car Driveway Spc Street, Garage Attached |
|
|---|
Year Built Year Built: 1985 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch |
|
|---|
Lot Area: 10454.4 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 1, 2023 Source: eXp Realty #152014389 | Sold | $330,000 |
Nov 20, 2023 Source: REIN Inc. #10509166 | Contingent | $320,000 |
Nov 13, 2023 Source: REIN Inc. #10509166 | PendingToActive | $320,000 |
Nov 12, 2023 Source: REIN Inc. #10509166 | Contingent | $320,000 |
Nov 10, 2023 Source: REIN Inc. #10509166 | PriceChange | $320,000 Price decreased by 2% |
Nov 2, 2023 Source: REIN Inc. #10509166 | Listed For Sale | $325,000 |
Jan 7, 1999 Source: N/A | Sold | $103,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,095 | $306,400 |
Home facts updated by county records
Market trends in Chesapeake
Last updated August 2026
Avg. sale price
$420K
$6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$221
$2MoM
Available listings
986
12MoM
Around this home
What Locals Say about Deep Creek North
At least 206 Trulia users voted on each feature.
91 % Say car is needed
86 % Say yards are well-kept
83 % Say parking is easy
80 % Say it's dog friendly
75 % Say there's holiday spirit
74 % Say kids play outside
59 % Say it's quiet
56 % Say neighbors are friendly
55 % Say people would walk alone at night
53 % Say streets are well-lit
52 % Say there are sidewalks
46 % Say they plan to stay for at least 5 years
34 % Say there's wildlife
33 % Say it's walkable to grocery stores
26 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 516 Gerrey Drive
- What is 516 Gerrey Drive estimated to be worth?Trulia's estimated value for 516 Gerrey Drive in Chesapeake, VA is $368,800.
- What is the price history for 516 Gerrey Drive?516 Gerrey Drive in Chesapeake, VA last sold for $330,000 in December 2023.
- Is Chesapeake a buyer's or seller's market?Chesapeake is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Chesapeake?The median sale price in Chesapeake is $420K. That is up $6.67K from the prior month.
- Does 516 Gerrey Drive have air conditioning?Yes, 516 Gerrey Drive in Chesapeake, VA has air conditioning.
- Does 516 Gerrey Drive have laundry facilities?Yes, 516 Gerrey Drive in Chesapeake, VA has in-unit laundry.

