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1 Caribbean Ave; Virginia Beach, VA Property Details

1 Caribbean Ave, Virginia Beach, VA is a Residential General that was built in 2004. This property is currently a cash purchase and is not for sale. Our records show that 1 Caribbean Ave has a total of 1,928 square feet. The lot size of 1 Caribbean Ave is 5,001 square feet.

Off market
1 Caribbean Ave Virginia Beach, VA 23451
$529,000 Listing Price
1,928 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2004
  • Purchase Price: $500,000
  • Open Loans / Balance: 1 / $398,987
  • Est. Equity / %: $434,013 / 52.1%
  • Gross Yield: 7.387%
  • APN: 242-700-28920-000
  • Situs County: Virginia Beach City
  • Length Of Ownership: 9 years

Measurements

  • Total: 1,928/SqFt
  • Lot: 5,001/SqFt
  • Building: 1,928/SqFt
  • Price Per Square Foot: $259.34

Legal Description

  • Description: SHADOW LAWN HEIGHTS LOT D BLOCK 40
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.828144 / -75.98042
  • Subdivision: Shadow Lawn Heights
  • Property Class: Residential
  • Zoning: R5S
  • County Use Code: 102

HOA

  • H O A One: $250
  • H O A Amount: $250
  • H O A One Frequency: Monthly
  • H O A One Type: Condo Owner Association

Ownership Info

1 Caribbean Ave has no associated ownership info
1 Caribbean Ave has no associated ownership info.

Taxes

1 Caribbean Ave has 10 associated Taxes items

1 Caribbean Ave, Virginia Beach, VA pays taxes in Virginia Beach City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $666,000. The APN we've located for 1 Caribbean Ave is 242-700-28920-000.

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Taxes
  • Assessed Value:  $666,000
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  242-700-28920-000
  • Assessed Land Value:  630000
  • Market Land Value:  630000
  • Tax Amount:  6323.44
  • Tax Year:  2024
  • Market Value:  666000
  • Market Year:  2025

Tax History

1 Caribbean Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $666,000 Land Value $630,000 Improvement Value $36,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,323.44 Change Rate +0.240737% Assessed CR Tax Rate
Year 2023 Assessed Value $514,800 Land Value $477,300 Improvement Value $37,500 Tax Amount $5,096.52 Change Rate +0.260529% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $408,400 Land Value $365,200 Improvement Value $43,200 Tax Amount $4,043.16 Change Rate +0.049871% Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $389,000 Land Value $348,600 Improvement Value $40,400 Tax Amount $3,851.1 Change Rate -0.004508% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $380,200 Land Value $340,300 Improvement Value $39,900 Tax Amount $3,868.54 Change Rate +0.032619% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $373,700 Land Value $340,300 Improvement Value $33,400 Tax Amount $3,746.34 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $373,700 Land Value $340,300 Improvement Value $33,400 Tax Amount $3,746.34 Change Rate +0.005381% Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $371,700 Land Value $340,300 Improvement Value $31,400 Tax Amount $3,726.29 Change Rate +0.086895% Assessed CR Tax Rate +0.010025%
Year 2016 Assessed Value $346,300 Land Value $319,600 Improvement Value $26,700 Tax Amount $3,428.38 Change Rate -0.091073% Assessed CR Tax Rate +0.0099%
Year 2015 Assessed Value $381,000 Land Value $352,800 Improvement Value $28,200 Tax Amount $3,771.9 Change Rate Assessed CR Tax Rate +0.0099%
Year 2014 Assessed Value $365,400 Land Value $344,500 Improvement Value $20,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $3,316.38 Change Rate Assessed CR Tax Rate