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4640 Lake Dr; Virginia Beach, VA Property Details

4640 Lake Dr, Virginia Beach, VA is a Condominium that was built in 2005. This property is currently Financed and is not for sale. Our records show that 4640 Lake Dr has 3 bedrooms, and 3.5 bathrooms, and a total of 2,324 square feet.

Off market
4640 Lake Dr Virginia Beach, VA 23455
$645,100 Estimated Value
3 Beds
3.5 Baths
2,324 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2005
  • Purchase Price: $626,000
  • Open Loans / Balance: 1 / $604,087
  • Est. Equity / %: $100,913 / 14.31%
  • Gross Yield: 7.396%
  • APN: 157-050-78134-640
  • Situs County: Virginia Beach City
  • Length Of Ownership: 3 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Wood
  • Stories: 3
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 2,324/SqFt
  • Gross: 2,760/SqFt
  • Garage: 436/SqFt
  • Living: 2,324/SqFt
  • Building: 2,760/SqFt
  • Price Per Square Foot: $269.36

Legal Description

  • Description: 4638 AND 4640 LAKE DRIVE A CONDO UNIT 4640A
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.913666 / -76.13015
  • Subdivision: 4638 And 4640 Lake Drive A Condo
  • Property Class: Residential
  • Zoning: R5R
  • County Use Code: 104

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1415
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Name: 4638 And 4640 Lake Drive A Condo
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Lake Drive Condominium
  • H O A Two Type: Condo Owner Association

Ownership Info

4640 Lake Dr has no associated ownership info
4640 Lake Dr has no associated ownership info.

Taxes

4640 Lake Dr has 10 associated Taxes items

4640 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 $645,100. The APN we've located for 4640 Lake Dr is 157-050-78134-640.

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Taxes
  • Assessed Value:  $645,100
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  157-050-78134-640
  • Assessed Land Value:  271800
  • Market Land Value:  271800
  • Tax Amount:  6069.3
  • Tax Year:  2024
  • Market Value:  645100
  • Market Year:  2025

Tax History

4640 Lake Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $645,100 Land Value $271,800 Improvement Value $373,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $625,700 Land Value $261,500 Improvement Value $364,200 Tax Amount $6,069.3 Change Rate +0.042266% Assessed CR Tax Rate +0.0097%
Year 2023 Assessed Value $588,200 Land Value $249,000 Improvement Value $339,200 Tax Amount $5,823.18 Change Rate +0.172414% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $501,700 Land Value $216,800 Improvement Value $284,900 Tax Amount $4,966.83 Change Rate +0.100458% Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $455,900 Land Value $173,700 Improvement Value $282,200 Tax Amount $4,513.42 Change Rate -0.004091% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $445,400 Land Value $153,800 Improvement Value $291,600 Tax Amount $4,531.96 Change Rate +0.088791% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $415,200 Land Value $153,800 Improvement Value $261,400 Tax Amount $4,162.38 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $415,200 Land Value $153,800 Improvement Value $261,400 Tax Amount $4,162.38 Change Rate +0.019896% Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $407,100 Land Value $150,700 Improvement Value $256,400 Tax Amount $4,081.18 Change Rate +0.048155% Assessed CR Tax Rate +0.010025%
Year 2016 Assessed Value $393,300 Land Value $144,500 Improvement Value $248,800 Tax Amount $3,893.68 Change Rate +0.03364% Assessed CR Tax Rate +0.0099%
Year 2015 Assessed Value $380,500 Land Value $136,800 Improvement Value $243,700 Tax Amount $3,766.96 Change Rate Assessed CR Tax Rate +0.0099%
Year 2014 Assessed Value $371,400 Land Value $136,800 Improvement Value $234,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $3,103.42 Change Rate Assessed CR Tax Rate