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968 Banyan Dr; Virginia Beach, VA Property Details

968 Banyan Dr, Virginia Beach, VA is a Single Family that was built in 1980. This property is currently Financed and is not for sale. Our records show that 968 Banyan Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,439 square feet. The lot size of 968 Banyan Dr is 7,012 square feet.

Off market
968 Banyan Dr Virginia Beach, VA 23462
$294,100 Estimated Value
3 Beds
2 Baths
1,439 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1980
  • Purchase Price: $106,000
  • Open Loans / Balance: 1 / $184,495
  • Est. Equity / %: $167,505 / 47.59%
  • Gross Yield: 7.272%
  • APN: 148-600-04470-000
  • Situs County: Virginia Beach City
  • Length Of Ownership: 25 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,439/SqFt
  • Lot: 7,012/SqFt
  • Gross: 1,679/SqFt
  • Garage: 240/SqFt
  • Living: 1,439/SqFt
  • Building: 1,679/SqFt
  • Ground: 1,439/SqFt
  • Price Per Square Foot: $73.66

Legal Description

  • Description: TIMBERLAKE SEC 11 LOT 21
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.80261 / -76.11878
  • Subdivision: Timberlake
  • Property Class: Residential
  • Zoning: PDH1
  • County Use Code: 101

Amenities

  • Plus Four: 5200
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 1

HOA

  • H O A One: $51
  • H O A Amount: $51
  • H O A One Frequency: Monthly
  • H O A One Name: Timberlake Community Association
  • H O A One Type: Home Owner Association

Ownership Info

968 Banyan Dr has no associated ownership info
968 Banyan Dr has no associated ownership info.

Taxes

968 Banyan Dr has 10 associated Taxes items

968 Banyan 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 $294,100. The APN we've located for 968 Banyan Dr is 148-600-04470-000.

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Taxes
  • Assessed Value:  $294,100
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  148-600-04470-000
  • Assessed Land Value:  125000
  • Market Land Value:  125000
  • Tax Amount:  2736.38
  • Tax Year:  2024
  • Market Value:  294100
  • Market Year:  2025

Tax History

968 Banyan Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $294,100 Land Value $125,000 Improvement Value $169,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $282,100 Land Value $125,000 Improvement Value $157,100 Tax Amount $2,736.38 Change Rate +0.05497% Assessed CR Tax Rate +0.0097%
Year 2023 Assessed Value $262,000 Land Value $117,000 Improvement Value $145,000 Tax Amount $2,593.8 Change Rate +0.023837% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $255,900 Land Value $117,000 Improvement Value $138,900 Tax Amount $2,533.41 Change Rate +0.145987% Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $223,300 Land Value $88,000 Improvement Value $135,300 Tax Amount $2,210.68 Change Rate +0.008191% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $215,500 Land Value $79,000 Improvement Value $136,500 Tax Amount $2,192.72 Change Rate +0.035142% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $211,300 Land Value $77,000 Improvement Value $134,300 Tax Amount $2,118.28 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $211,300 Land Value $77,000 Improvement Value $134,300 Tax Amount $2,118.28 Change Rate +0.089174% Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $194,000 Land Value $74,500 Improvement Value $119,500 Tax Amount $1,944.85 Change Rate -0.011823% Assessed CR Tax Rate +0.010025%
Year 2016 Assessed Value $198,800 Land Value $76,200 Improvement Value $122,600 Tax Amount $1,968.12 Change Rate +0.057447% Assessed CR Tax Rate +0.0099%
Year 2015 Assessed Value $188,000 Land Value $76,200 Improvement Value $111,800 Tax Amount $1,861.2 Change Rate Assessed CR Tax Rate +0.0099%
Year 2014 Assessed Value $178,000 Land Value $83,700 Improvement Value $94,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,608.9 Change Rate Assessed CR Tax Rate