RENTED FEB 2, 2026

Estimated Value: $382,890

3 Beds
2 Baths
1,335 Sq Ft
$287/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

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 14,780 Sq Ft 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 1999
Sold by
Bought by
Current Estimated Value
$382,890

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
$18,692
Interest Rate
6.67%
Estimated Equity
$364,198
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$102,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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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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