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406 48th St; Virginia Beach, VA Property Details

406 48th St, Virginia Beach, VA is a Residential Vacant Land. This property is currently Cash Purchase,New Construction and is not for sale. The lot size of 406 48th St is 6,252 square feet.

Off market
406 48th St Virginia Beach, VA 23451
$950,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $950,000
  • Open Loans / Balance: 1 / $1,392,045
  • Est. Equity / %: $-136,045 / -10.83%
  • APN: 241-877-98310-000
  • Situs County: Virginia Beach City
  • Length Of Ownership: 2 years, 2 months

Measurements

  • Lot: 6,252/SqFt

Legal Description

  • Description: HOLLIES LOT 151-A
Building Insights

Land Information

  • Property Type: Residential Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.874916 / -75.98693
  • Subdivision: Hollies
  • Property Class: Vacant
  • Zoning: R75
  • County Use Code: 100

Amenities

  • Plus Four: 2438

HOA

  • H O A One Type: Condo  Owner Association

Ownership Info

406 48th St has no associated ownership info
406 48th St has no associated ownership info.

Taxes

406 48th St has 10 associated Taxes items

406 48th 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 $825,000. The APN we've located for 406 48th St is 241-877-98310-000.

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Taxes
  • Assessed Value:  $825,000
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  241-877-98310-000
  • Assessed Land Value:  825000
  • Market Land Value:  825000
  • Tax Amount:  7275
  • Tax Year:  2024
  • Market Value:  825000
  • Market Year:  2025

Tax History

406 48th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $825,000 Land Value $825,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $7,275 Change Rate +0.071208% Assessed CR Tax Rate
Year 2023 Assessed Value $686,000 Land Value $686,000 Improvement Value Tax Amount $6,791.4 Change Rate +0.25641% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $546,000 Land Value $546,000 Improvement Value Tax Amount $5,405.4 Change Rate Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $546,000 Land Value $546,000 Improvement Value Tax Amount $5,405.4 Change Rate -0.027029% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $546,000 Land Value $546,000 Improvement Value Tax Amount $5,555.56 Change Rate +0.236988% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $448,000 Land Value $448,000 Improvement Value Tax Amount $4,491.2 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $448,000 Land Value $448,000 Improvement Value Tax Amount $4,491.2 Change Rate +0.084483% Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $413,100 Land Value $413,100 Improvement Value Tax Amount $4,141.33 Change Rate -0.051654% Assessed CR Tax Rate +0.010025%
Year 2016 Assessed Value $441,100 Land Value $441,100 Improvement Value Tax Amount $4,366.9 Change Rate +0.115853% Assessed CR Tax Rate +0.0099%
Year 2015 Assessed Value $420,000 Land Value $420,000 Improvement Value Tax Amount $3,913.51 Change Rate Assessed CR Tax Rate +0.009318%
Year 2014 Assessed Value $413,100 Land Value $413,100 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $3,645.6 Change Rate Assessed CR Tax Rate