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516 Elmo Trower Ln; Virginia Beach, VA Property Details

516 Elmo Trower Ln, Virginia Beach, VA is a Condominium that was built in 2018. This property is currently a cash purchase and is for sale. Our records show that 516 Elmo Trower Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,760 square feet.

On Market for 44 days
516 Elmo Trower Ln Virginia Beach, VA 23451
$475,000 Listing Price
3 Beds
2.5 Baths
1,760 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 2018
  • Purchase Price: $432,500
  • Est. Equity / %: $507,000 / 100%
  • Gross Yield: 6.758%
  • APN: 241-769-41720-249
  • Situs County: Virginia Beach City
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 3
  • Exterior Wall Type: Concrete
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,760/SqFt
  • Gross: 2,160/SqFt
  • Garage: 400/SqFt
  • Living: 1,760/SqFt
  • Building: 2,160/SqFt
  • Price Per Square Foot: $245.74

Legal Description

  • Description: BIRDNECK CROSSING RESIDENTIAL CONDOMINIUM PHASE 2 SITE 2 UNIT B
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: 36.85116 / -75.992874
  • Subdivision: Birdneck Crossing Residential Condominiu
  • Property Class: Residential
  • Zoning: A24
  • County Use Code: 104

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6480
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $330
  • H O A Amount: $330
  • H O A One Frequency: Monthly
  • H O A One Name: Birdneck Crossing Residential Condominium
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Birdneck
  • H O A Two Type: Condo Owner Association

Ownership Info

516 Elmo Trower Ln has no associated ownership info
516 Elmo Trower Ln has no associated ownership info.

Taxes

516 Elmo Trower Ln has 10 associated Taxes items

516 Elmo Trower 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 $447,000. The APN we've located for 516 Elmo Trower Ln is 241-769-41720-249.

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Taxes
  • Assessed Value:  $447,000
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  241-769-41720-249
  • Assessed Land Value:  144000
  • Market Land Value:  144000
  • Tax Amount:  4335.9
  • Tax Year:  2025
  • Market Value:  447000
  • Market Year:  2025

Tax History

516 Elmo Trower Ln has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $447,000 Land Value $144,000 Improvement Value $303,000 Tax Amount $4,335.9 Change Rate +0.081277% Assessed CR Tax Rate +0.0097%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,009.98 Change Rate +0.040721% Assessed CR Tax Rate
Year 2023 Assessed Value $389,200 Land Value $134,000 Improvement Value $255,200 Tax Amount $3,853.08 Change Rate +0.023134% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $380,400 Land Value $134,000 Improvement Value $246,400 Tax Amount $3,765.96 Change Rate +0.105814% Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $344,000 Land Value $124,000 Improvement Value $220,000 Tax Amount $3,405.6 Change Rate +0.104624% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $303,000 Land Value $118,000 Improvement Value $185,000 Tax Amount $3,083.04 Change Rate +0.053203% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $292,000 Land Value $115,000 Improvement Value $177,000 Tax Amount $2,927.3 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $292,000 Land Value $115,000 Improvement Value $177,000 Tax Amount Change Rate Assessed CR Tax Rate