Value & history
Why the land carries the value
Asking vs. assessment
182% of $1,320,500
City assessment record · taxes $15,000/yr
Land share of assessed value
64% — $850,000
Improvements $470,500 · assessor record ✓
Price context — similar nearby homes
$1,500,000 – $3,200,000
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
$2,400,000
Price / Sq Ft
$597
Annual Taxes
$15,000
Monthly Tax
$1,250
HOA
None
Tax Rate (effective)
0.63%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Aug 8, 2026 | $2,400,000 | — |
| Currently listed | — | $2,400,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels.
Total Assessed
$1,320,500
Land
$850,000
Improvement
$470,500
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.
