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231 87th St; Virginia Beach, VA Property Details

231 87th St, Virginia Beach, VA is a Condominium that was built in 1987. This property is not for sale. Our records show that 231 87th St has 3 bedrooms, and 2.5 bathrooms, and a total of 2,950 square feet.

Off market
231 87th St Virginia Beach, VA 23451
$1,146,100 Estimated Value
3 Beds
2.5 Baths
2,950 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1987
  • Open Loans / Balance: 2 / $626,436
  • Est. Equity / %: $359,564 / 36.47%
  • Gross Yield: 2.894%
  • APN: 251-041-62792-860
  • Situs County: Virginia Beach City

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Wood
  • Stories: 3
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Hip
  • Roof Cover Type: Other
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,950/SqFt
  • Gross: 3,391/SqFt
  • Garage: 441/SqFt
  • Living: 2,950/SqFt
  • Building: 3,391/SqFt

Legal Description

  • Description: 229 & 231 87TH STREET CONDOMINIUM BK 2 UNT 231 CAPE HENRY
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.912174 / -75.99684
  • Subdivision: Cape Henry
  • Property Class: Residential
  • Zoning: R5R
  • County Use Code: 104

Amenities

  • Plus Four: 1823
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One: $278
  • H O A Amount: $278
  • H O A One Frequency: Monthly
  • H O A One Name: Condo Association Master
  • H O A One Type: Condo  Owner Association
  • H O A Two Name: Home Associates Of Virginia Inc
  • H O A Two Type: Condo  Owner Association

Ownership Info

231 87th St has no associated ownership info
231 87th St has no associated ownership info.

Taxes

231 87th St has 10 associated Taxes items

231 87th St, 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 $1,146,100. The APN we've located for 231 87th St is 251-041-62792-860.

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Taxes
  • Assessed Value:  $1,146,100
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  251-041-62792-860
  • Assessed Land Value:  682000
  • Market Land Value:  682000
  • Tax Amount:  11117.18
  • Tax Year:  2025
  • Market Value:  1146100
  • Market Year:  2025

Tax History

231 87th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,146,100 Land Value $682,000 Improvement Value $464,100 Tax Amount $11,117.18 Change Rate +0.149319% Assessed CR Tax Rate +0.0097%
Year 2024 Assessed Value $997,200 Land Value $620,000 Improvement Value $377,200 Tax Amount $9,672.84 Change Rate +0.011967% Assessed CR Tax Rate +0.0097%
Year 2023 Assessed Value $965,500 Land Value $603,400 Improvement Value $362,100 Tax Amount $9,558.45 Change Rate +0.133482% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $851,800 Land Value $480,200 Improvement Value $371,600 Tax Amount $8,432.82 Change Rate +0.04966% Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $811,500 Land Value $480,200 Improvement Value $331,300 Tax Amount $8,033.86 Change Rate -0.023296% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $808,400 Land Value $480,200 Improvement Value $328,200 Tax Amount $8,225.48 Change Rate +0.117082% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $734,500 Land Value $394,100 Improvement Value $340,400 Tax Amount $7,363.36 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $734,500 Land Value $394,100 Improvement Value $340,400 Tax Amount $7,363.36 Change Rate +0.043769% Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $703,700 Land Value $363,300 Improvement Value $340,400 Tax Amount $7,054.59 Change Rate -0.021579% Assessed CR Tax Rate +0.010025%
Year 2016 Assessed Value $728,300 Land Value $387,900 Improvement Value $340,400 Tax Amount $7,210.18 Change Rate +0.103152% Assessed CR Tax Rate +0.0099%
Year 2015 Assessed Value $660,200 Land Value $369,500 Improvement Value $290,700 Tax Amount $6,535.98 Change Rate Assessed CR Tax Rate +0.0099%
Year 2014 Assessed Value $614,600 Land Value $363,300 Improvement Value $251,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $5,596.74 Change Rate Assessed CR Tax Rate