$289,000 - $338,000
RENTED JAN 23, 2025

1241 New Land Dr Virginia Beach, VA 23453

Lynnhaven Neighborhood
3 Beds
2 Baths
1,100 Sq Ft
$287 Price per Sq Ft

Highlights

  • Central Air
  • Ceiling Fan
  • Vinyl Flooring
  • Corporate Landing Middle School Rated A-
  • 1 Car Attached Garage
  • Property has 1 Level

About This Home

As of January 2025

This home is located at 1241 New Land Dr, Virginia Beach, VA 23453 since 08 November 2024 and is currently priced at $315,509. This property was built in 1978. 1241 New Land Dr is a home located in Virginia Beach City with nearby schools including Holland Elementary School, Corporate Landing Middle School, and Ocean Lakes High School.

Last Agent to Rent the Property

Wai Lee

Shaffer Real Estate Inc. Listed on: 11/08/2024

Last Renter's Agent

Wai Lee

Shaffer Real Estate Inc. Listed on: 11/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,629

Year Built

  • Built in 1978

Lot Details

  • Back Yard Fenced

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Blinds
  • Electric Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Schools

  • Corporate Landing Elementary School
  • Corporate Landing Middle School
  • Ocean Lakes High School

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • Magic Hollow Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,629

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Rental Type: Single Family
  • Lease Type: Yearly
  • Lease Conditions: Additional Fees, Lease, Security Deposit
  • Rent Includes: None

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Ranch
  • GarageYN: Yes
  • Unit Description: 1 Living Lvl, Single Family
  • LP/ Sq Ft: 1.66
  • Estimated Year Built: 1978
  • Num Beds With Ensuite: 1
  • Address Street Name Website: New Land
  • Address Street Num Website: 1241
  • Address Website: 1241 New Land DR
  • Fence: Yes
  • Insurance Required Y N: Yes
  • Market Time: 76
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1978

Interior Features

  • Ceiling Fans: 3
  • Equipment: Ceiling Fan
  • Flooring Type: Laminate/LVP, Vinyl
  • Windows Treatments: Blinds
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Appliances: Dryer, Elec Range, Refrigerator, Washer
  • Floor Level: 1
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1100

Exterior Features

  • Fence Description: Back Fenced
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 1 Car, Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Electric

Condo/Co-op/Association

  • Pets: No Pets

Schools

  • Elementary School: Corporate Landing Elementary
  • Middle School: Corporate Landing Middle
  • High School: Ocean Lakes

Lot Info

  • Waterfront YN: No

MLS Schools

  • Elementary School: Corporate Landing Elementary
  • School High School: Ocean Lakes
  • Middle School: Corporate Landing Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2011
Sold by
New Land Trust 1241
Bought by
Brooks Joshua
Current Estimated Value
$315,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,402
Outstanding Balance
$113,254
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$193,293
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brooks Joshua $165,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Joshua $42,348
Open Brooks Joshua $161,402
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Rented $1,825 0.0% --
12/16/2024 12/16/24 Price Changed $1,825 -6.0% $2 / Sq Ft
11/08/2024 11/08/24 Price Changed $1,942 +0.9% $2 / Sq Ft
11/08/2024 11/08/24 For Rent $1,925 -- --
Source: Real Estate Information Network (REIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,629 $271,000 $120,000 $151,000
2023 $2,357 $238,100 $95,900 $142,200
2022 $1,910 $192,900 $74,200 $118,700
2021 $1,770 $178,800 $70,700 $108,100
2020 $1,745 $171,500 $65,100 $106,400
2019 $1,679 $156,000 $57,400 $98,600
2018 $1,564 $156,000 $57,400 $98,600
2017 $1,524 $152,000 $57,400 $94,600
2016 $1,412 $142,600 $56,000 $86,600
2015 $1,362 $137,600 $58,100 $79,500
2014 $1,276 $126,900 $56,700 $70,200
Source: Public Records

Agents Affiliated with this Home

  • Wai Lee

    Landlord's Agent in 2025

    Wai Lee

    Shaffer Real Estate Inc.

    (757) 822-9279

    5 in this area

    159 Total Sales

    Section Image
See All Agents

Map

Source: Real Estate Information Network (REIN)

MLS Number: 10558558

Real Estate Information Network (REIN)

APN: 1496-30-4380

Virginia Virginia Beach County Virginia Beach 23453 Lynnhaven

1241 New Land Dr, Virginia Beach, VA

This home is located at 1241 New Land Dr, Virginia Beach, VA 23453 since 08 November 2024 and is currently priced at $315,509. This property was built in 1978. 1241 New Land Dr is a home located in Virginia Beach City with nearby schools including Holland Elementary School, Corporate Landing Middle School, and Ocean Lakes High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Information Network (REIN) The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
Copyright 2025 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.
REIN updates its listings on a daily basis.
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
Some or all of the listings (or listings Data) represented in this application have been enhanced with Data not provided by REIN. The enhancements are as follows: mapping, demographics, and economics. The source of these enhancements are: GreatSchools, CoStar, Google, Walk Score, How Loud, Collateral Analytics, Black Knight, First American, and Quantarium.
This application does not include information on all of the properties available for sale at this time.

Nearby Homes