554 Schaefer Ave, Chesapeake, VA 23321
OFF MARKET

554 Schaefer Ave
Chesapeake, VA 23321

Western Branch South
  • 5 Beds
  • 3.5 Baths
  • 3,800 sqft (on 0.27 acres)

$620,800

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $3,682/mo*
Refinance Your Home

$620,800

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $3,682/mo*
Refinance Your Home
5 Beds
3.5 Baths
3,800 sqft
(on 0.27 acres)

Home Value

Trulia Estimate
$621K
Since last month
Decreased$3K (-0.5%)
Since last year
Increased$11K (+1.9%)
Since last sale
Increased$176K (+39.5%)
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 +49% in the last 10 years
MonthEstimated value
2026
August 2026$622K
July 2026$622K
June 2026$625K
May 2026$621K
April 2026$620K
March 2026$614K
February 2026$608K
January 2026$595K
2025
2024
2023
2022
2021
2020
2019
2018

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
4512 Moonlight Way, Chesapeake, VA
0.20
Single-Family Home
$485,000
06/08/26
3
2.5
2,112
544 Schaefer Ave, Chesapeake, VA
0.05
Single-Family Home
$455,000
06/01/26
3
2
1,604
4444 S Military Hwy, Chesapeake, VA
0.14
Single-Family Home
$275,000
11/26/25
3
2
1,289
603 Raeside Ave, Chesapeake, VA
0.12
Single-Family Home
$500,000
07/06/26
4
3
2,057
4141 Sunkist Rd, Chesapeake, VA
0.70
Single-Family Home
$384,900
08/19/25
3
2.5
2,268
1507 Burrowin Dr, Chesapeake, VA
0.81
Single-Family Home
$818,500
05/20/26
5
4
4,193
1532 Taylor Point Dr, Chesapeake, VA
1.03
Single-Family Home
$690,000
03/02/26
5
3
3,325
4000 Cedar Grove Cres, Chesapeake, VA
0.56
Single-Family Home
$205,000
07/13/26
4
2
2,042
4513 Sunray Ave, Chesapeake, VA
0.79
Single-Family Home
$445,000
05/26/26
3
2.5
2,544
4440 S Military Hwy, Chesapeake, VA
0.15
Single-Family Home
$160,000
07/28/26
3
1
900

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
604 Schaefer Ave, Chesapeake, VA 23321
0.05
$394,500
3
2.5
1,830
For Sale
544 Schaefer Ave, Chesapeake, VA 23321
0.05
$455,000
3
2
1,604
Recently Sold
539 Schaefer Ave, Chesapeake, VA 23321
0.07
$499,900
4
2.5
2,225
For Sale
93AC Indiana Ave, Chesapeake, VA 23321
0.05
$72,500
-
-
-
Recently Sold
603 Raeside Ave, Chesapeake, VA 23321
0.12
$500,000
4
3
2,057
Recently Sold
4444 S Military Hwy, Chesapeake, VA 23321
0.14
$275,000
3
2
1,289
Recently Sold
4440 S Military Hwy, Chesapeake, VA 23321
0.15
$160,000
3
1
900
Recently Sold
508 Schaefer Ave, Chesapeake, VA 23321
0.19
$530,000
4
2.5
2,398
For Sale
4521 Moonlight Way, Chesapeake, VA 23321
0.16
$599,000
5
3
2,400
For Sale
4512 Moonlight Way, Chesapeake, VA 23321
0.20
$485,000
3
2.5
2,112
Recently Sold
4309 East Rd, Chesapeake, VA 23321
0.33
$440,000
3
1.5
1,341
For Sale
904 Flintfield Cres, Chesapeake, VA 23321
0.51
$490,000
3
2.5
2,214
For Sale

Local Information

  • Map ViewExplore the area around 554 Schaefer Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2017
Lot Size
0.27 acres
Living Area
3,800 sqft
Price/Sqft
$163
Parking
Garage

About this House

This single-family home is located at 554 Schaefer Ave, Chesapeake, VA. 554 Schaefer Ave is in the Western Branch South neighborhood in Chesapeake, VA and in ZIP code 23321. This property has 5 bedrooms, 4 bathrooms and approximately 3,800 sqft of floor space. This property has a lot size of 0.27 acres and was built in 2017.
554 Schaefer Ave, Chesapeake, VA 23321 is a 5 bedroom, 4 bathroom, 3,800 sqft single-family home in Western Branch South, built in 2017. It last sold for $445,600 on Jan 22, 2020. More recently, it was listed as a rental in October 2019 with an asking price of $2,600 per month. That rental listing was removed on November 20, 2019. It is currently off market. The Trulia Estimate is $620,800, with a rent estimate of $3,759/month.

Home Details for 554 Schaefer Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 3Floors: Carpet, Hardwood
Interior Details
AtticNumber of Rooms: 12Types of Rooms: Walk In Closet, Office, Pantry
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
FireplaceJetted Bath Tub

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Stone, Cement ConcreteFoundation Type: Slab
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2017
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.27 acres

Price and Tax history

DateEventPrice
Jan 22, 2020
Source: N/A
Sold
$445,600
Dec 2, 2019
Source: Agent Provided
PriceChange
$435,900
Price increased by 16,665%
Nov 20, 2019
Source: Agent Provided
ListingRemoved
$2,600
Oct 30, 2019
Source: Agent Provided
Listed For Rent
$2,600
Oct 29, 2019
Source: Agent Provided
Listed For Sale
$445,600

Market trends in Chesapeake

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$413K
$22.8KMoM
Sale-to-List Price
100.0%
Price per sq ft
$219
$3MoM
Available listings
997
66MoM
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Around this home

Neighborhood Overview

Western Branch South
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Western Branch South

At least 110 Trulia users voted on each feature.

  • 93 % Say car is needed

  • 93 % Say parking is easy

  • 85 % Say it's dog friendly

  • 84 % Say kids play outside

  • 82 % Say yards are well-kept

  • 79 % Say it's quiet

  • 77 % Say there's holiday spirit

  • 71 % Say people would walk alone at night

  • 59 % Say streets are well-lit

  • 58 % Say they plan to stay for at least 5 years

  • 56 % Say neighbors are friendly

  • 49 % Say there's wildlife

  • 41 % Say there are sidewalks

  • 39 % Say there are community events

  • 22 % Say it's walkable to grocery stores

  • 16 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Our neighborhood is a hidden gem, tight bit community that offers special events for children around the holidays and random get together during the summer. It’s a great time and place to live!!!"
    0
    Flag
  • Trulia User
    "My only wish is that the Main road would have sidewalks, if it did walking to the park would be much easier."
    0
    Flag
  • Trulia User
    "Very safe and private. Neighbors care about each other! New neighborhood elementary school is nearing completion. "
    1
    Flag
  • Trulia User
    "It has been nice living here for 6 years now. It’s very quiet and my neighbors are the sweetest. We all look out for each other and our kids. Western Branch is definitely a great place to raise a family. "
    0
    Flag
  • Trulia User
    "A few years ago we did holiday events for every holiday! My favorite was Christmas Caroling door to door! This neighborhood in Chadswyck Terrace is amazing! Neighbors are always so kind, helpful, thoughtful, and friendly. Overall I have really enjoyed living here. "
    0
    Flag
  • Trulia User
    "Best neighbors ever. Everyone is friendly and looks out for one another. I feel safe here letting my kids play outside. "
    0
    Flag
  • Natenumber5
    "There are plenty of bus stops along the main road. Not far from the I64, I264, interchange, which allows for a sub 30 min drive to any shipyard. Perfect location for anyone in a trade or the military."
    1
    Flag
  • Unknownroad4me
    "The Chesapeake City Park has a dog park that is perfect for the furry friends and is surrounded by calming nature. "
    0
    Flag
  • Donnamrice
    "Great schools, great neighbors, yards are well-kept, and there are neighborhood events about 3-4 times per year. "
    1
    Flag
  • Thomas.guirkin
    "Very safe location to raise a family. Many military families in the area as well. Most are 30s/40s. Very unique neighborhood with a mix of new and older homes."
    2
    Flag
  • Thomas.guirkin
    "It’s very do friendly with plenty of sidewalks. The area is also very safe. There is so,e heavy traffic from time to time, but usually it’s pretty tame."
    0
    Flag
  • Thomas.guirkin
    "This is a great neighborhood! We are renting a house currently but are now looking to buy in this area in the next several months. It’s easy access to the interstate and traffic is manageable."
    10
    Flag
  • Thomas.guirkin
    "Very nice area with easy access to the interstate and only 30 minutes from the beach. Traffic isn’t too bad either"
    0
    Flag
  • Jennifer T.
    "This neighborhood feels safe. The children play outside together often. Neighbors tend to look out for one another. We’ve been happy living here. It’s a friendly and peaceful area to raise kids. "
    1
    Flag
  • Bryonspah
    "this neighborhood is known for the family atmosphere. very quite and shaded with the opportunity to walk your dogs along other homeowners in the neighborhood. "
    2
    Flag
  • Macsgirl
    "It is all brick homes, manicured yards, and wide roads. Very beautiful neighborhood. I have been her a year and have not experienced or heard of any crime. "
    0
    Flag
  • Eduk8u2
    "I've lived here for fifteen years, and it's the PERFECT place to raise a family! Come give Bailey's Creek a try! "
    6
    Flag
  • Marie R.
    "Its a great place for young families. Very friendly and lots of areas to meet other young couples. Community is close to 664 and 64. Has good schools! Neighbors are quite friendly and there are many families in the military in this area. "
    1
    Flag
  • Otisosei
    "great neighborhood. quite and easy to get out and walk or bike. very safe with city parks close by. community center is right outside the neighborhood and numerous shopping centers and the Chesapeake square mall is less than a quarter mile away. "
    6
    Flag
  • Kaneishaport
    "its just a friendly place to live. well kept and well maintained i love being here and i feel safe at all times..."
    3
    Flag
  • Ava D.
    "There’s a lot of dogs in this neighborhood that are usually outside so if your dog isn’t good with other dogs it might not work out"
    1
    Flag
  • Stacey J.
    "I've lived in this neighborhood for three years. It's quite and has friendly neighbors that look out for another. "
    2
    Flag
  • Carolynn W.
    "It’s a wonderful and friendly atmosphere i l have neighbors I’ve known for years and they are always asking to come over , but this area is a lot of older and young family’s "
    2
    Flag

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Apartments for Rent

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Homes for sale near 554 Schaefer Ave

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Off Market Homes Near 554 Schaefer Ave

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Frequently asked questions about 554 Schaefer Ave

  • What is 554 Schaefer Ave estimated to be worth?
    Trulia's estimated value for 554 Schaefer Ave in Chesapeake, VA is $620,800.
  • What is the price history for 554 Schaefer Ave?
    554 Schaefer Ave in Chesapeake, VA last sold for $445,600 in January 2020.
  • 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 $413K. That is up $22.8K from the prior month.
  • Does 554 Schaefer Ave have air conditioning?
    Yes, 554 Schaefer Ave in Chesapeake, VA has air conditioning.
  • Does 554 Schaefer Ave have laundry facilities?
    Yes, 554 Schaefer Ave in Chesapeake, VA has in-unit laundry.