Value & history
Why the land carries the value
Asking vs. assessment
265% of $1,700,000
City assessment record · taxes $27,542/yr
Land share of assessed value
100% — $1,700,000
Improvements $0 · assessor record ✓
Price context — similar nearby homes
$1,649,000 – $4,150,000
The 4 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 1 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
$4,500,000
Price / Sq Ft
$772
Annual Taxes
$27,542
Monthly Tax
$2,295
HOA
None
Tax Rate (effective)
0.61%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 20, 2026 | $4,500,000 | — |
| Price reduced | Aug 31, 2026 | $4,500,000 | −$250,000 |
| Sold | Aug 28, 2026 | $4,500,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels.
Total Assessed
$1,700,000
Land
$1,700,000
Improvement
N/A
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.
