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3953 Ocean Cut Ln; Virginia Beach, VA Property Details

3953 Ocean Cut Ln, Virginia Beach, VA is a Townhouse that was built in 1979. This property is currently a cash purchase and is not for sale. Our records show that 3953 Ocean Cut Ln has 3 bedrooms, and 3 bathrooms, and a total of 1,812 square feet. The lot size of 3953 Ocean Cut Ln is 2,853 square feet.

Off market
3953 Ocean Cut Ln Virginia Beach, VA 23451
$613,600 Estimated Value
3 Beds
3 Baths
1,812 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1979
  • Purchase Price: $420,000
  • Est. Equity / %: $749,000 / 100%
  • Gross Yield: 7.227%
  • APN: 241-885-61790-000
  • Situs County: Virginia Beach City
  • Length Of Ownership: 9 years

Rooms

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

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Roof Cover Type: Other
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,812/SqFt
  • Lot: 2,853/SqFt
  • Gross: 1,812/SqFt
  • Living: 1,812/SqFt
  • Building: 1,812/SqFt
  • Price Per Square Foot: $231.79

Legal Description

  • Description: OCEAN HILLS PHASE 1 LOT 16
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.8677 / -75.9846
  • Subdivision: Ocean Hills Phase 1
  • Property Class: Residential
  • Zoning: A18
  • County Use Code: 103

Amenities

  • Plus Four: 2634
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $125
  • H O A Amount: $125
  • H O A One Frequency: Monthly
  • H O A One Name: Ocean Hills Owners Assoc Inc
  • H O A One Type: Planned Unit Development

Ownership Info

3953 Ocean Cut Ln has no associated ownership info
3953 Ocean Cut Ln has no associated ownership info.

Taxes

3953 Ocean Cut Ln has 10 associated Taxes items

3953 Ocean Cut 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 $613,600. The APN we've located for 3953 Ocean Cut Ln is 241-885-61790-000.

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Taxes
  • Assessed Value:  $613,600
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  241-885-61790-000
  • Assessed Land Value:  275000
  • Market Land Value:  275000
  • Tax Amount:  5841.34
  • Tax Year:  2024
  • Market Value:  613600
  • Market Year:  2025

Tax History

3953 Ocean Cut Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $613,600 Land Value $275,000 Improvement Value $338,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $602,200 Land Value $275,000 Improvement Value $327,200 Tax Amount $5,841.34 Change Rate +0.077688% Assessed CR Tax Rate +0.0097%
Year 2023 Assessed Value $547,500 Land Value $250,000 Improvement Value $297,500 Tax Amount $5,420.25 Change Rate +0.113257% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $491,800 Land Value $230,000 Improvement Value $261,800 Tax Amount $4,868.82 Change Rate +0.071927% Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $458,800 Land Value $203,000 Improvement Value $255,800 Tax Amount $4,542.12 Change Rate +0.012244% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $441,000 Land Value $195,000 Improvement Value $246,000 Tax Amount $4,487.18 Change Rate +0.063938% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $420,700 Land Value $195,000 Improvement Value $225,700 Tax Amount $4,217.52 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $420,700 Land Value $195,000 Improvement Value $225,700 Tax Amount $4,217.52 Change Rate +0.117398% Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $376,500 Land Value $195,000 Improvement Value $181,500 Tax Amount $3,774.41 Change Rate +1.196787% Assessed CR Tax Rate +0.010025%
Year 2016 Assessed Value $347,100 Land Value $190,000 Improvement Value $157,100 Tax Amount $1,718.15 Change Rate -0.020874% Assessed CR Tax Rate +0.00495%
Year 2015 Assessed Value $354,500 Land Value $193,400 Improvement Value $161,100 Tax Amount $1,754.78 Change Rate Assessed CR Tax Rate +0.00495%
Year 2014 Assessed Value $360,000 Land Value $193,400 Improvement Value $166,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,455.45 Change Rate Assessed CR Tax Rate