Unlock incredible potential with this two-bedroom, two-bathroom condo, offering a fantastic blank canvas for investors, flippers, or homeowners looking to customize their own space. The main living area features a bright, open-concept layout with wood floors, a cozy fireplace, and sliding glass doors that open to a private patio. The adjacent kitchen features white cabinetry and a convenient breakfast bar that overlooks the dining and living spaces, creating a great flow for daily living and entertaining. Upstairs, the home offers two bedrooms, including a spacious primary suite complete with a walk-in closet and an en-suite vanity area. While the property requires cosmetic updates and repairs throughout—including new flooring, fresh paint, and bathroom updates—it presents the perfect opportunity to build immediate equity. Bring your vision and design ideas to transform this property into a modern personal retreat or a highly profitable addition to your portfolio! Residents will enjoy low-maintenance living with HOA dues that cover community pool and clubhouse access, ground maintenance, and trash pickup.
Rivercrest, located between the Elizabeth River and Great Bridge Boulevard, is a residential and waterfront Chesapeake neighborhood with winding cul-de-sacs and broad tidal views. The neighborhood’s character concentrates around the Great Bridge Boulevard corridor near Battlefield Boulevard, where marinas, local eateries, and river traffic set a steady, working-waterfront rhythm. Streets feature a mix of late-20th-century brick colonials and newer builds with generous setbacks and mature trees. Kayaks and small boats appear along the shoreline, and evening walks track the waterline and pocket greens. Nearby, the Great Bridge Lock Park frames the area’s canal history with a calm, engineered landscape. The pace reads polished and practical, shaped by water, bridges, and the daily flow across Great Bridge.
Provided by Walk Score and Local Logic
Market insights
747 Ridge Cir · $190,000
DAYS ON MARKET
52 days
The average home goes pending in 50 days.
SALE-TO-LIST
99.8%
Most homes are selling 0% below list price.
LIST PRICE
$190,000
Median list price in this area is $368,911. (94% higher than this home)
PRICE DROP
0 price drops
13% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Living
Interior features
One fireplace
Attic
Bedrooms
No bedroom with full bathroom on the first floor
Bathrooms
2 full bathrooms
1 half bathroom
Flooring
Carpet
Vinyl
Wood
Heating & cooling
Heat pump heating and cooling
Electric water heater
Exterior features
Aluminum siding
Privacy fence
Home design
Attached property
2-unit condo
Condo on level 2
2 stories
Parking
Assigned/reserved parking space (1 space)
Construction
Slab foundation
Asphalt shingle roof
Utilities
City/County water
City/County sewer
HOA & community
Has HOA (Knells Ridge Condo Association)
Monthly association fee: $246
Condo/POA amenities include clubhouse, ground maintenance, playgrounds, pool, and trash pickup
Electricity and solar
View estimated energy costs and solar savings for this home
Unlock incredible potential with this two-bedroom, two-bathroom condo, offering a fantastic blank canvas for investors, flippers, or homeowners looking to customize their own space. The main living area features a bright, open-concept layout with wood floors, a cozy fireplace, and sliding glass doors that open to a private patio. The adjacent kitchen features white cabinetry and a convenient breakfast bar that overlooks the dining and living spaces, creating a great flow for daily living and entertaining. Upstairs, the home offers two bedrooms, including a spacious primary suite complete with a walk-in closet and an en-suite vanity area. While the property requires cosmetic updates and repairs throughout—including new flooring, fresh paint, and bathroom updates—it presents the perfect opportunity to build immediate equity. Bring your vision and design ideas to transform this property into a modern personal retreat or a highly profitable addition to your portfolio! Residents will enjoy low-maintenance living with HOA dues that cover community pool and clubhouse access, ground maintenance, and trash pickup.
Year
Property tax
Land + Additions
Assessment*
2025
$2,232 (+2.1%)
$85,000 + $136,000
$221,000
2024
$2,187 (+13.7%)
$80,000 + $136,500
$216,500
2023
$1,923 (+12.6%)
$70,000 + $120,400
$190,400
2022
$1,708 (+256.9%)
$60,000 + $109,100
$169,100
2021
$479 (−65.4%)
$50,000 + $100,300
$150,300
2018
$1,383 (+13.8%)
$35,000 + $104,300
$139,300
2017
$1,216 (−8.0%)
$40,000 + $91,700
$131,700
2015
$1,321 (−2.2%)
$35,000 + $84,900
$119,900
2014
$1,351
$40,000 + $88,700
$128,700
2013
$1,351 (−4.2%)
$40,000 + $88,700
$128,700
2012
$1,410
$40,000 + $94,300
$134,300
Public record
Public record
Zoning
Permits
Beds
2
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
1,254
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,254
Year built
1991
Style
Condo/Co-op
County
Chesapeake
APN
0377002001720
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
R-MF-1
Multifamily Residential District
This district is intended for apartment and condominium developments where 3 or more dwelling units are located on the same lot with a maximum density of 16 dwelling units per acre in the suburban and urban overlay districts.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Educational/school
Fire house
Police station
Communications tower
Nov 11, 2015 • Final
Residential mechanical
Work on gas logs.
Gas
Nov 11, 2015 • Final
Residential mechanical
Work on a gas water heater.
Gas
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 106° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Chesapeake, VA • 23320
Average low and high temperatures (°F)
48
30
51
33
67
44
75
52
79
59
89
69
90
74
83
68
80
65
72
53
65
45
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 747 Ridge Cir
$189,701
$299 under list price of $190K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $194K to $250K.