- 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
301 Terrace Ave; Virginia Beach, VA Property Details
Off market
301 Terrace Ave Virginia Beach, VA 23451
$962,800 Estimated Value
4 Beds
3.5 Baths
2,736 SqFt
Property Type
Single FamilyProperty 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.
Unlock the full reportTaxes
Tax History
301 Terrace 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 $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 |