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301 Terrace Ave; Virginia Beach, VA Property Details

301 Terrace Ave, Virginia Beach, VA is a Single Family that was built in 1952. This property is not for sale. Our records show that 301 Terrace Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 2,736 square feet. The lot size of 301 Terrace Ave is 37,677 square feet.

Off market
301 Terrace Ave Virginia Beach, VA 23451
$962,800 Estimated Value
4 Beds
3.5 Baths
2,736 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1952
  • Est. Equity / %: $1,175,000 / 100%
  • Gross Yield: 4.71%
  • APN: 242-722-28150-000
  • Situs County: Virginia Beach City

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,736/SqFt
  • Lot: 37,677/SqFt
  • Gross: 3,000/SqFt
  • Garage: 264/SqFt
  • Living: 2,736/SqFt
  • Building: 3,000/SqFt
  • Ground: 2,736/SqFt

Legal Description

  • Description: 5TH STREET PARCEL
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.833794 / -75.97369
  • Subdivision: Resort Area South
  • Property Class: Residential
  • Zoning: RT1
  • County Use Code: 430

Amenities

  • Plus Four: 3788
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $260
  • H O A Amount: $260
  • H O A One Frequency: Monthly
  • H O A One Name: Condo Association Master
  • H O A One Type: Home Owner Association

Ownership Info

301 Terrace Ave has no associated ownership info
301 Terrace Ave has no associated ownership info.

Taxes

301 Terrace Ave has 10 associated Taxes items

301 Terrace 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 $962,800. The APN we've located for 301 Terrace Ave is 242-722-28150-000.

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Taxes
  • Assessed Value:  $962,800
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  242-722-28150-000
  • Assessed Land Value:  960800
  • Market Land Value:  960800
  • Tax Amount:  9156.8
  • Tax Year:  2024
  • Market Value:  962800
  • Market Year:  2025

Tax History

301 Terrace Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $962,800 Land Value $960,800 Improvement Value $2,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $944,000 Land Value $942,000 Improvement Value $2,000 Tax Amount $9,156.8 Change Rate -0.020202% Assessed CR Tax Rate +0.0097%
Year 2023 Assessed Value $944,000 Land Value $942,000 Improvement Value $2,000 Tax Amount $9,345.6 Change Rate Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $944,000 Land Value $942,000 Improvement Value $2,000 Tax Amount $9,345.6 Change Rate Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $944,000 Land Value $942,000 Improvement Value $2,000 Tax Amount $9,345.6 Change Rate -0.027027% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $944,000 Land Value $942,000 Improvement Value $2,000 Tax Amount $9,605.2 Change Rate +0.103067% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $868,600 Land Value $866,600 Improvement Value $2,000 Tax Amount $8,707.72 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $868,600 Land Value $866,600 Improvement Value $2,000 Tax Amount $8,707.72 Change Rate Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $868,600 Land Value $866,600 Improvement Value $2,000 Tax Amount $8,707.72 Change Rate +0.012627% Assessed CR Tax Rate +0.010025%
Year 2016 Assessed Value $868,600 Land Value $866,600 Improvement Value $2,000 Tax Amount $8,599.14 Change Rate +0.014957% Assessed CR Tax Rate +0.0099%
Year 2015 Assessed Value $855,800 Land Value $853,800 Improvement Value $2,000 Tax Amount $8,472.42 Change Rate Assessed CR Tax Rate +0.0099%
Year 2014 Assessed Value $855,800 Land Value $853,800 Improvement Value $2,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $7,958.94 Change Rate Assessed CR Tax Rate