NOT LISTED FOR SALE

348 Citation Dr Virginia Beach, VA 23462

Estimated Value: $326,000 - $350,059

3 Beds
2 Baths
1,248 Sq Ft
$267/Sq Ft Est. Value

Highlights

  • Screened Porch
  • Skylights
  • 1 Car Attached Garage
  • Larkspur Middle School Rated A-
  • Ceiling Fan
  • Storage Shed

About This Home

As of March 2025

Charming and Well-Maintained Ranch in Arrowhead - Prime Virginia Beach Location!

Welcome to this cozy and beautifully maintained ranch home in the sought-after Arrowhead neighborhood of Virginia Beach! Just minutes from Town Center, this home offers the perfect blend of comfort and convenience.

Featuring 3 spacious bedrooms, new LVP flooring throughout, an updated primary bathroom and kitchen, and a screened-in back patio--for relaxing or entertaining. Enjoy the large fenced backyard, providing plenty of space for outdoor fun and privacy.

Last Agent to Rent the Property

sean schroeder

Green Tree Real Estate Inc Listed on: 02/04/2025

Last Renter's Agent

sean schroeder

Green Tree Real Estate Inc Listed on: 02/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1960

Lot Details

  • 0.41

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Skylights
  • Blinds
  • Screened Porch
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Schools

  • Arrowhead Elementary School
  • Larkspur Middle School
  • Kempsville High School

Utilities

  • Heat Pump System
  • Gas Water Heater

Additional Features

  • Storage Shed
  • Back Yard Fenced

Community Details

  • Carolanne Farms Subdivision

Listing and Financial Details

  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,556

Year Built

Built in 1960

Lot Details

0

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: Yes
  • Unit Description: 1 Living Lvl, Single Family
  • LP/ Sq Ft: 1.60
  • Neighborhood Name: ARROW HEAD
  • Estimated Year Built: 1960
  • Address Street Name Website: Citation
  • Address Website: 348 Citation DR
  • Fence: Yes
  • Insurance Required Y N: Yes
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Interior Amenities: Skylights
  • Equipment: Ceiling Fan, Gar Door Opener
  • Flooring Type: Laminate/LVP
  • Windows Treatments: Blinds
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Screened Porch
  • Appliances: Dishwasher, Disposal, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup
  • Floor Level: 1
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1248

Exterior Features

  • Exterior Features: Storage Shed
  • Fence Description: Back Fenced, Chain Link
  • Foundation Type: Slab
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 1 Car, Driveway Spc, Street

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Waterfront YN: No

MLS Schools

  • Elementary School: Arrowhead Elementary
  • School High School: Kempsville
  • Middle School: Larkspur Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2017
Sold by
Wilmington Savings Fund Socity Fsb D/B/A
Bought by
Colaizzi Catherine Danielle
Current Estimated Value
$333,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,405
Outstanding Balance
$165,909
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$167,856

Purchase Details

Closed on
Nov 8, 2016
Sold by
Alg Trustee Llc A Virginia Limited Liabi and Hamlin Jeffrey B
Bought by
Wilmington Savings Fund Society Fsb D/B/
Source: Public Records

Range of Values:

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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
Colaizzi Catherine Danielle $209,900 Servicelink Llc
Wilmington Savings Fund Society Fsb D/B/ $190,832 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colaizzi Catherine Danielle $199,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2025 03/20/25 Off Market $2,000 -- --
03/19/2025 03/19/25 Rented $2,000 0.0% --
03/12/2025 03/12/25 Price Changed $2,000 -16.7% $2 / Sq Ft
02/04/2025 02/04/25 For Rent $2,400 -- --
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
2025 $2,556 $287,000 $136,000 $151,000
2024 $2,556 $263,500 $136,000 $127,500
2023 $2,349 $237,300 $125,000 $112,300
2022 $2,280 $230,300 $120,000 $110,300
2021 $2,181 $220,300 $112,000 $108,300
2020 $2,199 $216,100 $112,000 $104,100
2019 $2,167 $211,100 $110,000 $101,100
2018 $2,116 $211,100 $110,000 $101,100
2017 $1,901 $189,600 $110,000 $79,600
2016 $1,839 $185,800 $110,000 $75,800
2015 $1,794 $181,200 $110,000 $71,200
2014 $1,608 $180,300 $110,800 $69,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10568526

Real Estate Information Network (REIN)

APN: 1466-19-8391