Value & history
Why the land carries the value
Asking vs. assessment
119% of $525,500
City assessment record · taxes $5,097/yr
Land share of assessed value
73% — $382,500
Improvements $143,000 · assessor record ✓
Price context — similar nearby homes
$245,000 – $375,000
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
$625,000
Price / Sq Ft
$565
Annual Taxes
$5,097
Monthly Tax
$425
HOA
None
Tax Rate (effective)
0.82%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Sep 10, 2026 | $625,000 | — |
| Price reduced | Sep 21, 2026 | $625,000 | −$20,000 |
| Currently listed | — | $625,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels.
Total Assessed
$525,500
Land
$382,500
Improvement
$143,000
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.
