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1640 Bailey Ln; Virginia Beach, VA Property Details

1640 Bailey Ln, Virginia Beach, VA is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 1640 Bailey Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,202 square feet. The lot size of 1640 Bailey Ln is 9,571 square feet.

Off market
1640 Bailey Ln Virginia Beach, VA 23451
$287,100 Estimated Value
3 Beds
2 Baths
1,202 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1955
  • Purchase Price: $109,900
  • Est. Equity / %: $330,000 / 100%
  • Gross Yield: 7.865%
  • APN: 240-880-03540-000
  • Situs County: Virginia Beach City
  • Length Of Ownership: 24 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Rock / Gravel
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,202/SqFt
  • Lot: 9,571/SqFt
  • Gross: 1,202/SqFt
  • Garage: 340/SqFt
  • Living: 1,202/SqFt
  • Building: 1,202/SqFt
  • Ground: 1,202/SqFt
  • Price Per Square Foot: $91.43

Legal Description

  • Description: LAUREL MANOR E 66 FT OF LOT 94 & W 24 FT OF 93
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.855137 / -76.02133
  • Subdivision: Laurel Manor
  • Property Class: Residential
  • Zoning: R75
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 5943
  • Cooling: Central
  • Garage: Carport
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

1640 Bailey Ln has no associated ownership info
1640 Bailey Ln has no associated ownership info.

Taxes

1640 Bailey Ln has 10 associated Taxes items

1640 Bailey Ln, 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 $287,100. The APN we've located for 1640 Bailey Ln is 240-880-03540-000.

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Taxes
  • Assessed Value:  $287,100
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  240-880-03540-000
  • Assessed Land Value:  165000
  • Market Land Value:  165000
  • Tax Amount:  2624.82
  • Tax Year:  2024
  • Market Value:  287100
  • Market Year:  2025

Tax History

1640 Bailey Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $287,100 Land Value $165,000 Improvement Value $122,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $270,600 Land Value $152,000 Improvement Value $118,600 Tax Amount $2,624.82 Change Rate +0.038924% Assessed CR Tax Rate +0.0097%
Year 2023 Assessed Value $255,200 Land Value $145,000 Improvement Value $110,200 Tax Amount $2,526.48 Change Rate +0.063777% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $239,900 Land Value $128,000 Improvement Value $111,900 Tax Amount $2,375.01 Change Rate +0.075785% Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $223,000 Land Value $127,000 Improvement Value $96,000 Tax Amount $2,207.7 Change Rate -0.027033% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $223,000 Land Value $127,000 Improvement Value $96,000 Tax Amount $2,269.04 Change Rate +0.083477% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $208,900 Land Value $125,000 Improvement Value $83,900 Tax Amount $2,094.22 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $208,900 Land Value $125,000 Improvement Value $83,900 Tax Amount $2,094.22 Change Rate +0.139036% Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $183,400 Land Value $105,000 Improvement Value $78,400 Tax Amount $1,838.59 Change Rate -0.018414% Assessed CR Tax Rate +0.010025%
Year 2016 Assessed Value $189,200 Land Value $105,000 Improvement Value $84,200 Tax Amount $1,873.08 Change Rate +0.018842% Assessed CR Tax Rate +0.0099%
Year 2015 Assessed Value $185,700 Land Value $105,000 Improvement Value $80,700 Tax Amount $1,838.44 Change Rate Assessed CR Tax Rate +0.0099%
Year 2014 Assessed Value $184,900 Land Value $114,800 Improvement Value $70,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,708.42 Change Rate Assessed CR Tax Rate