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424 Lake Dr; Virginia Beach, VA Property Details

424 Lake Dr, Virginia Beach, VA is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 424 Lake Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,618 square feet. The lot size of 424 Lake Dr is 8,447 square feet.

Off market  •   Pre Probate ✓
424 Lake Dr Virginia Beach, VA 23451
$576,400 Estimated Value
3 Beds
2 Baths
1,618 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1956
  • Purchase Price: $132,500
  • Open Loans / Balance: 1 / $259,274
  • Est. Equity / %: $452,726 / 63.59%
  • Gross Yield: 6.913%
  • APN: 242-714-17590-000
  • Situs County: Virginia Beach City
  • Length Of Ownership: 27 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,618/SqFt
  • Lot: 8,447/SqFt
  • Gross: 1,730/SqFt
  • Garage: 352/SqFt
  • Living: 1,618/SqFt
  • Building: 1,618/SqFt
  • Ground: 1,618/SqFt
  • Price Per Square Foot: $81.89

Legal Description

  • Description: PINEWOOD M 1 LOTS 9&10 BLK 2
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: 36.83897 / -75.97707
  • Subdivision: Pinewood M 1
  • Property Class: Residential
  • Zoning: R5S
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 4407
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

424 Lake Dr has no associated ownership info
424 Lake Dr has no associated ownership info.

Taxes

424 Lake Dr has 10 associated Taxes items

424 Lake Dr, 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 $576,400. The APN we've located for 424 Lake Dr is 242-714-17590-000.

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Taxes
  • Assessed Value:  $576,400
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  242-714-17590-000
  • Assessed Land Value:  396000
  • Market Land Value:  396000
  • Tax Amount:  4840.3
  • Tax Year:  2024
  • Market Value:  576400
  • Market Year:  2025

Tax History

424 Lake Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $576,400 Land Value $396,000 Improvement Value $180,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $499,000 Land Value $360,000 Improvement Value $139,000 Tax Amount $4,840.3 Change Rate +0.053932% Assessed CR Tax Rate +0.0097%
Year 2023 Assessed Value $463,900 Land Value $360,000 Improvement Value $103,900 Tax Amount $4,592.61 Change Rate +0.050498% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $441,600 Land Value $337,500 Improvement Value $104,100 Tax Amount $4,371.84 Change Rate +0.086879% Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $406,300 Land Value $337,500 Improvement Value $68,800 Tax Amount $4,022.38 Change Rate +0.169235% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $338,100 Land Value $249,500 Improvement Value $88,600 Tax Amount $3,440.18 Change Rate +0.020398% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $336,300 Land Value $249,500 Improvement Value $86,800 Tax Amount $3,371.41 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $336,300 Land Value $249,500 Improvement Value $86,800 Tax Amount $3,371.41 Change Rate +0.066942% Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $315,200 Land Value $239,900 Improvement Value $75,300 Tax Amount $3,159.88 Change Rate +0.066777% Assessed CR Tax Rate +0.010025%
Year 2016 Assessed Value $299,200 Land Value $239,900 Improvement Value $59,300 Tax Amount $2,962.08 Change Rate +0.022556% Assessed CR Tax Rate +0.0099%
Year 2015 Assessed Value $292,600 Land Value $245,900 Improvement Value $46,700 Tax Amount $2,896.74 Change Rate Assessed CR Tax Rate +0.0099%
Year 2014 Assessed Value $335,900 Land Value $245,900 Improvement Value $90,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $3,244.78 Change Rate Assessed CR Tax Rate