2543 Reagan Ave Virginia Beach, VA 23454
Great Neck Neighborhood
2
Beds
2
Baths
1,021
Sq Ft
2,004
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- No HOA
- En-Suite Primary Bedroom
- Great Neck Middle School Rated A
- Utility Closet
- Ceramic Tile Flooring
About This Home
As of January 2025**GREAT INVESTMENT OPPORTUNITY AWAITS!** Finally- a chance for you to put your own touches on a property at a price point that actually makes sense!! This 2 bedroom, 2 bath unit- needs a lot of love inside, but the big ticket items outside (including siding, windows, and roof), were just completed in 2023! Inside you’ll find a very functional layout- including a primary bedroom downstairs with dual entry ensuite and a large primary bedroom upstairs. Outside, the unit features a spacious backyard, and did I mention zero condo or poa fees?! What a gem! Cash or rehab loan will likely be necessary. Call or text today for an immediate showing!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,921
Year Built
- Built in 1984
Lot Details
- Partially Fenced Property
- Privacy Fence
Home Design
- Fixer Upper
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,021 Sq Ft Home
- 2-Story Property
- Utility Closet
- Electric Range
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Parking
- 2 Car Parking Spaces
- On-Street Parking
Outdoor Features
- Storage Shed
Schools
- King's Grant Elementary School
- Lynnhaven Middle School
- Frank W. Cox High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
Overview
- No Home Owners Association
- Woods At London Bridge Subdivision
Security
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2024
Closed on
Oct 21, 2024
Sold by
Vermillion Tammy P and Vermillion Sean L
Bought by
Bigger Picture Inc
Seller's Agent
Kelly Blessing
Broadsight Realty
Buyer's Agent
Sherri Bryant
AtCoastal Realty
List Price
$220,000
Sold Price
$192,000
Premium/Discount to List
-$28,000
-12.73%
Views
106
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,871
Avg. Annual Appreciation
62.34%
Purchase Details
Closed on
Apr 30, 2008
Sold by
Bhattacharyya Biswa R
Bought by
Vermillion Tammy P
Purchase Details
Closed on
May 31, 2005
Sold by
Muehlen David G
Bought by
Bhattacharyya Biswa R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
5.79%
Mortgage Type
New Conventional
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $192,000 | Fidelity National Title | |
| Bargain Sale Deed | $192,000 | Fidelity National Title | |
| Warranty Deed | $140,000 | -- | |
| Warranty Deed | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $105,000 | New Conventional | |
| Previous Owner | $72,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2025 01/03/25 | Sold | $280,000 | +1.8% | $274 / Sq Ft |
| 12/05/2024 12/05/24 | Pending | -- | -- | -- |
| 12/01/2024 12/01/24 | Price Changed | $274,998 | 0.0% | $269 / Sq Ft |
| 11/13/2024 11/13/24 | For Sale | $274,999 | +43.2% | $269 / Sq Ft |
| 10/21/2024 10/21/24 | Sold | $192,000 | -12.7% | $188 / Sq Ft |
| 10/10/2024 10/10/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | For Sale | $220,000 | -- | $215 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 | $1,921 | $198,000 | $88,000 | $110,000 |
| 2023 | $1,815 | $183,300 | $75,000 | $108,300 |
| 2022 | $1,673 | $169,000 | $65,000 | $104,000 |
| 2021 | $1,527 | $154,200 | $58,000 | $96,200 |
| 2020 | $1,438 | $141,300 | $57,000 | $84,300 |
| 2019 | $1,426 | $130,600 | $49,700 | $80,900 |
| 2018 | $1,309 | $130,600 | $49,700 | $80,900 |
| 2017 | $1,272 | $126,900 | $49,700 | $77,200 |
| 2016 | $1,236 | $124,800 | $49,700 | $75,100 |
| 2015 | $1,232 | $124,400 | $49,700 | $74,700 |
| 2014 | $1,077 | $120,900 | $52,200 | $68,700 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Loftus
Seller's Agent in 2025
Brandon Loftus
Creed Realty
(757) 752-8158
1 in this area
59 Total Sales
-
N
Buyer's Agent in 2025
Nesly Mayor
Rhoad & Co
-
Kelly Blessing
K
Seller's Agent in 2024
Kelly Blessing
Broadsight Realty
(757) 216-9415
6 in this area
39 Total Sales
-
Jane Blessing
Seller Co-Listing Agent in 2024
Jane Blessing
Broadsight Realty
(757) 362-5981
7 in this area
37 Total Sales
-
Sherri Bryant
Buyer's Agent in 2024
Sherri Bryant
AtCoastal Realty
(757) 254-4141
4 in this area
92 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10552710
APN: 1497-78-9065
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