Value & history
Why the land carries the value
Asking vs. assessment
102% of $985,000
City assessment record · taxes $9,554/yr
Land share of assessed value
54% — $535,000
Improvements $450,000 · assessor record ✓
Price context — similar nearby homes
$1,000,000 – $1,300,000
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
$1,000,000
Price / Sq Ft
$343
Annual Taxes
$9,554
Monthly Tax
$796
HOA
None
Tax Rate (effective)
0.96%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Price reduced | Aug 3, 2026 | $1,000,000 | −$34,000 |
| Listed | Aug 24, 2026 | $1,000,000 | — |
| Sold | Aug 3, 2026 | $1,000,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels.
Total Assessed
$985,000
Land
$535,000
Improvement
$450,000
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.
