Chesapeake, Chesapeake City County, VA 233253 bd · 2 ba · 1,513 sqft
SOLD · October 6, 2026
Price Insights
Est. Value
$344,000
Public feed AVM
Equity
44%
Estimated
Property Type
SFR
Per public record
Year Built
1977
All data sourced from public county records and automated valuation models. AVM figures are estimates only. Verify all data with a current title search and property inspection before bidding.
Sale Results
This property sold at courthouse auction.
Sale dateOctober 6, 2026
Sale typeJudicial Sale
CountyChesapeake City County
Who bought it and how much they paid
Free access — see sale price, buyer, and upcoming auctions in this county
1518 Wood Ave is a 3-bedroom, 2-bathroom 1,513 sq ft sfr in Chesapeake, VA (built 1977). It is currently in scheduled status in Chesapeake City County.
The property is scheduled for foreclosure auction on October 6, 2026. This is a court-ordered (judicial) sale.
The estimated market value is $344,000 with an estimated equity position of 44% (approximately $151,360).
Frequently Asked Questions
When is the foreclosure auction for 1518 Wood Ave?
The auction is scheduled for October 6, 2026 — 0 days from today. Auction dates can change without notice. Verify with the county trustee or courthouse before attending.
Where does the foreclosure auction take place?
This is a judicial foreclosure. The sale is ordered by the court and typically held at the Chesapeake City County courthouse. Confirm the exact room and time with the county clerk before the sale date.
Can I purchase 1518 Wood Ave at the foreclosure auction?
Yes — foreclosure auctions are open to the public. Payment is required in certified funds (cashier's check) on the day of the sale. You cannot use a conventional mortgage or FHA/VA loan at the courthouse; purchases must be all-cash. Many investors arrange private or hard-money financing before attending.
What is the estimated equity in this property?
The estimated equity is 44% (approximately $151,360) based on the public AVM of $344,000. This is an estimate from public records only — actual equity depends on verified liens, back taxes owed, HOA fees, and the current condition of the property.
Does buying at a foreclosure auction require all cash?
Yes. Foreclosure auctions require all-cash payment on auction day. You cannot finance through a conventional lender at the courthouse steps. Most investors arrange private money or hard-money loans in advance. OffRamp REI can connect you with verified private lenders in VA.
Disclaimer: The information on this page is provided for informational purposes only and does not constitute legal, financial, or investment advice. Property data is sourced from public county records and automated valuation models; accuracy is not guaranteed and information may be incomplete or subject to change without notice. Auction dates, opening bids, and sale outcomes are subject to change — verify all details directly with the county trustee, sheriff, or foreclosing attorney before taking any action. OffRamp REI is not a licensed real estate broker, lender, auctioneer, or attorney. Prospective buyers are solely responsible for conducting their own due diligence, including obtaining a full title search, reviewing all liens and encumbrances, and inspecting the property prior to bidding.
