Taxes
- Assessed Value: $3,996,400
- Assessed Year: 2025
- Assessed County: Virginia Beach City
- APN: 242-724-27230-000
- Assessed Land Value: 3212500
- Market Land Value: 3212500
- Tax Amount: 38765.08
- Tax Year: 2025
- Market Value: 3996400
- Market Year: 2025
1005 Pacific Ave; Virginia Beach, VA Property Details
Off market
1005 Pacific Ave Virginia Beach, VA 23451
$3,996,400 Estimated Value
71 SqFt
Property Type
HotelProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1968
- Purchase Price: $5,500,000
- Open Loans / Balance: 2 / $4,125,890
- APN: 242-724-27230-000
- Situs County: Virginia Beach City
- Length Of Ownership: 5 years, 5 months
Structure
- Building Style: Steel
- Stories: 1
- Exterior Wall Type: Brick
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Composition Shingle
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 71/SqFt
- Lot: 25,435/SqFt
- Gross: 71/SqFt
- Living: 71/SqFt
- Building: 71/SqFt
- Ground: 71/SqFt
- Price Per Square Foot: $77464.79
Legal Description
- Description: JOHNSON DEVELOPMENT LOTS 6 9 10 W PT OF 5 & JIB LOT BK 11
Building Insights
Land Information
- Property Type: Hotel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Virginia Beach City Public Schools
- Lat / Lon: 36.838913 / -75.97356
- Subdivision: Johnson Development
- Property Class: Commercial
- Zoning: OR
- County Use Code: 413
Amenities
- Plus Four: 3511
- Cooling: None
Ownership Info
1005 Pacific Ave has no associated ownership info
1005 Pacific Ave has no associated ownership info.
Taxes
1005 Pacific Ave has 10 associated Taxes items
1005 Pacific 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 $3,996,400. The APN we've located for 1005 Pacific Ave is 242-724-27230-000.
Unlock the full reportTax History
1005 Pacific Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $3,996,400 | Land Value $3,212,500 | Improvement Value $783,900 | Tax Amount $38,765.08 | Change Rate +0.063834% | Assessed CR | Tax Rate +0.0097% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $36,439.02 | Change Rate -0.012314% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $3,726,600 | Land Value $3,212,500 | Improvement Value $514,100 | Tax Amount $36,893.34 | Change Rate +0.059145% | Assessed CR | Tax Rate +0.0099% |
| Year 2022 | Assessed Value $3,518,500 | Land Value $3,212,500 | Improvement Value $306,000 | Tax Amount $34,833.15 | Change Rate | Assessed CR | Tax Rate +0.0099% |
| Year 2021 | Assessed Value $3,518,500 | Land Value $3,341,000 | Improvement Value $177,500 | Tax Amount $34,833.16 | Change Rate -0.126169% | Assessed CR | Tax Rate +0.0099% |
| Year 2020 | Assessed Value $3,917,700 | Land Value $3,341,000 | Improvement Value $576,700 | Tax Amount $39,862.6 | Change Rate +0.114595% | Assessed CR | Tax Rate +0.010175% |
| Year 2019 | Assessed Value $3,567,500 | Land Value $3,212,500 | Improvement Value $355,000 | Tax Amount $35,764.19 | Change Rate | Assessed CR | Tax Rate +0.010025% |
| Year 2018 | Assessed Value $3,567,500 | Land Value $3,212,500 | Improvement Value $355,000 | Tax Amount $35,764.19 | Change Rate +0.12115% | Assessed CR | Tax Rate +0.010025% |
| Year 2017 | Assessed Value $3,182,000 | Land Value $2,827,000 | Improvement Value $355,000 | Tax Amount $31,899.55 | Change Rate +0.05524% | Assessed CR | Tax Rate +0.010025% |
| Year 2016 | Assessed Value $3,053,500 | Land Value $2,698,500 | Improvement Value $355,000 | Tax Amount $30,229.66 | Change Rate +0.02618% | Assessed CR | Tax Rate +0.0099% |
| Year 2015 | Assessed Value $2,975,600 | Land Value $2,620,700 | Improvement Value $354,900 | Tax Amount $29,458.44 | Change Rate | Assessed CR | Tax Rate +0.0099% |
| Year 2014 | Assessed Value $2,975,600 | Land Value $2,620,700 | Improvement Value $354,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $27,673.08 | Change Rate | Assessed CR | Tax Rate |