RENTED FEB 2, 2026

Estimated Value: $373,000 - $406,000

3 Beds
2 Baths
1,335 Sq Ft
$292/Sq Ft Est. Value

About This Home

As of February 2026

Welcome home to this well-maintained 3-bedroom, 2-bath ranch-style home located on a cul-de-sac in the highly sought-after Lake Placid neighborhood of Virginia Beach. Ideally situated just 2 miles from the Naval Air Station Oceana back gate and approximately 5 miles from Dam Neck Naval Station, this property offers an excellent commute for military personnel. The home is conveniently located near a variety of shopping, dining, and entertainment options, including the Virginia Beach Amphitheater. Inside, the single-level layout provides comfortable and functional living spaces with an easy flow throughout. Step outside to enjoy a fully fenced, expansive backyard with a cement patio. The peaceful, park-like setting makes this home a true retreat and a nature lover’s paradise.

Last Agent to Rent the Property

RuthAnn Fields

Osprey Property Managment Inc Listed on: 01/18/2026

Last Renter's Agent

RuthAnn Fields

Osprey Property Managment Inc Listed on: 01/18/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 0.34 Acre Lot

Parking

  • 1 Car Parking Space

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,335 Sq Ft Home
  • Property has 1 Level
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Strawbridge Elementary School
  • Corporate Landing Middle School
  • Landstown High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Lake Placid Subdivision

Listing and Financial Details

  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0.34 Acres

Rental Info

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

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Ranch
  • GarageYN: No
  • LP/ Sq Ft: 1.57
  • Estimated Year Built: 1983
  • Address Street Name Website: Severance
  • Address Website: 1920 Severance CT
  • Fence: No
  • Insurance Required Y N: Yes
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Flooring Type: Carpet, Ceramic
  • Windows Treatments: None
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: No
  • Appliances: Range, Refrigerator
  • Floor Level: 1
  • Stories Number: 2.0000
  • Estimated Sq Ft: 1335

Exterior Features

  • Foundation Type: Slab
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 1 Space

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Heat Pump
  • Heating: Heat Pump

Condo/Co-op/Association

  • Pets: Pet Deposit Addl, Pet Rent Addl, Pet Restrictions

Lot Info

  • Waterfront YN: No
  • Estimated Acres: 0.3393

MLS Schools

  • Elementary School: Strawbridge Elementary
  • School High School: Landstown
  • Middle School: Corporate Landing Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 1999
Sold by
Braun Richard A
Bought by
Torres Noe
Current Estimated Value
$386,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,300
Outstanding Balance
$23,544
Interest Rate
6.67%
Estimated Equity
$365,884
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Torres Noe $102,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Noe $102,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2026 02/02/26 Rented $2,100 0.0% --
01/18/2026 01/18/26 For Rent $2,100 -- --
Source: Real Estate Information Network (REIN)

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
2025 $2,941 $307,700 $130,000 $177,700
2024 $2,941 $303,200 $130,000 $173,200
2023 $2,987 $301,700 $125,000 $176,700
2022 $2,694 $272,100 $110,000 $162,100
2021 $2,422 $244,600 $92,000 $152,600
2020 $2,331 $229,100 $90,000 $139,100
2019 $2,266 $215,700 $87,000 $128,700
2018 $2,162 $215,700 $87,000 $128,700
2017 $2,132 $212,700 $85,000 $127,700
2016 $2,106 $212,700 $85,000 $127,700
2015 $2,066 $208,700 $85,000 $123,700
2014 $1,829 $198,500 $90,200 $108,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10616842

Real Estate Information Network (REIN)

APN: 1495-90-9345

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