Value & history
Why the land carries the value
Asking vs. assessment
130% of $2,216,800
City assessment record · taxes $21,725/yr
Land share of assessed value
77% — $1,700,000
Improvements $516,800 · assessor record ✓
Price context — similar nearby homes
$1,295,000 – $2,795,000
The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.
Own a home nearby? See what it is worth today — What's your Virginia Beach home worth?
Sale & Tax History
List Price
$2,875,000
Price / Sq Ft
$732
Annual Taxes
$21,725
Monthly Tax
$1,810
HOA
None
Tax Rate (effective)
0.76%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jan 30, 2026 | $2,875,000 | — |
| Price reduced | Aug 19, 2026 | $2,875,000 | −$15,000 |
| Currently listed | — | $2,875,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels.
Total Assessed
$2,216,800
Land
$1,700,000
Improvement
$516,800
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
