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508 Babney Ct; Virginia Beach, VA Property Details

508 Babney Ct, Virginia Beach, VA is a Apt House 5+ Units that was built in 1973. This property is currently Financed and is not for sale. Our records show that 508 Babney Ct has a total of 1 square feet. The lot size of 508 Babney Ct is 175,765 square feet.

Off market
500 Babney Ct #101 Virginia Beach, VA 23462
$9,617,800 Estimated Value
1 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1973
  • Purchase Price: $8,343,000
  • Open Loans / Balance: 1 / $2,727,801
  • APN: 146-788-21310-000
  • Situs County: Virginia Beach City
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Total Rooms: 90

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1/SqFt
  • Lot: 175,765/SqFt
  • Building: 1/SqFt
  • Price Per Square Foot: $8343000.00

Legal Description

  • Description: BAYSIDE 4.035 AC MORE OR LESS
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.85154 / -76.15732
  • Subdivision: Bayside
  • Property Class: Residential
  • Zoning: A18
  • County Use Code: 305

Amenities

  • Plus Four: 1831
  • Cooling: None

Ownership Info

500 Babney Ct #101 has no associated ownership info
500 Babney Ct #101 has no associated ownership info.

Taxes

500 Babney Ct #101 has 10 associated Taxes items

508 Babney Ct, 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 $9,617,800. The APN we've located for 508 Babney Ct is 146-788-21310-000.

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Taxes
  • Assessed Value:  $9,617,800
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  146-788-21310-000
  • Assessed Land Value:  2250000
  • Market Land Value:  2250000
  • Tax Amount:  62299.22
  • Tax Year:  2024
  • Market Value:  9617800
  • Market Year:  2025

Tax History

500 Babney Ct #101 has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,617,800 Land Value $2,250,000 Improvement Value $7,367,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $62,299.22 Change Rate -0.020202% Assessed CR Tax Rate
Year 2023 Assessed Value $6,422,600 Land Value $2,250,000 Improvement Value $4,172,600 Tax Amount $63,583.74 Change Rate +0.071755% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $5,992,600 Land Value $2,250,000 Improvement Value $3,742,600 Tax Amount $59,326.74 Change Rate +0.051241% Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $5,700,500 Land Value $2,025,000 Improvement Value $3,675,500 Tax Amount $56,434.96 Change Rate +0.139366% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $4,868,000 Land Value $2,025,000 Improvement Value $2,843,000 Tax Amount $49,531.9 Change Rate +0.266882% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $3,900,000 Land Value $2,025,000 Improvement Value $1,875,000 Tax Amount $39,097.5 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $3,900,000 Land Value $2,025,000 Improvement Value $1,875,000 Tax Amount $39,097.5 Change Rate +0.09944% Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $3,603,600 Land Value $2,025,000 Improvement Value $1,578,600 Tax Amount $35,561.3 Change Rate +0.016139% Assessed CR Tax Rate +0.009868%
Year 2016 Assessed Value $3,535,000 Land Value $1,620,000 Improvement Value $1,915,000 Tax Amount $34,996.5 Change Rate -0.003074% Assessed CR Tax Rate +0.0099%
Year 2015 Assessed Value $3,545,900 Land Value $1,620,000 Improvement Value $1,925,900 Tax Amount $35,104.42 Change Rate Assessed CR Tax Rate +0.0099%
Year 2014 Assessed Value $3,503,400 Land Value $1,620,000 Improvement Value $1,883,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $30,539.34 Change Rate Assessed CR Tax Rate