Seller's Agent in 2024
Bo Schrott
Broadsight Realty
(757) 478-3020
20 in this area
92 Total Sales
417 Terrace Ave Virginia Beach, VA 23451
Oceanfront Neighborhood
0.11
Acre
$4,537,445
Price per Acre
4,944
Sq Ft Lot
About This Lot
As of September 2024Premier location just 4 Blocks from the Beach. Lot is approximately 49 by 102. Build your dream home or renovate this classic Beach Bungalow. Showings by appointment only. House sold 100% as is where is.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,454
Lot Details
- 4,944 Sq Ft Lot
- Few Trees
- Property is zoned R5S
Schools
- W.T. Cooke Elementary School
- Virginia Beach Middle School
- First Colonial High School
Community Details
- Shadowlawn Heights Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 30, 2024
Sold by
Riggs Jordan and Riggs Deborah
Bought by
Mx3 Inc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.6%
Mortgage Type
Construction
Purchase Details
Listed on
Aug 1, 2024
Closed on
Sep 9, 2024
Sold by
Live Oak Homes Llc
Bought by
Riggs Jordan and Riggs Deborah
Seller's Agent
Bo Schrott
Broadsight Realty
Buyer's Agent
Emily Moore
Steel Forged Real Estate LLC
List Price
$528,818
Sold Price
$515,000
Premium/Discount to List
-$13,818
-2.61%
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.53%
Original Mortgage
$412,000
Interest Rate
6.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 25, 2024
Sold by
Bic Properties Llc
Bought by
Live Oak Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Interest Rate
7.02%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 28, 2017
Sold by
Mayhew Gerald L and Mayhew Marilyn G
Bought by
Bic Properties Llca Virginia Limited Lia
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 | $528,000 | Fortis Title | |
| Bargain Sale Deed | $515,000 | First American Title | |
| Bargain Sale Deed | $435,000 | Fidelity National Title | |
| Warranty Deed | $250,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $732,354 | Construction | |
| Closed | $400,000 | Construction | |
| Previous Owner | $412,000 | New Conventional | |
| Previous Owner | $431,200 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Sold | $515,000 | 0.0% | $575 / Sq Ft |
| 09/12/2024 09/12/24 | Sold | $515,000 | -2.6% | $575 / Sq Ft |
| 08/22/2024 08/22/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | For Sale | $528,818 | 0.0% | $590 / Sq Ft |
| 07/30/2024 07/30/24 | For Sale | $528,818 | -- | $590 / 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 | $4,252 | $438,400 | $386,600 | $51,800 |
| 2023 | $3,454 | $348,900 | $302,500 | $46,400 |
| 2022 | $2,822 | $285,000 | $231,400 | $53,600 |
| 2021 | $2,682 | $270,900 | $220,900 | $50,000 |
| 2020 | $2,664 | $261,800 | $215,700 | $46,100 |
| 2019 | $2,655 | $258,700 | $215,700 | $43,000 |
| 2018 | $2,593 | $258,700 | $215,700 | $43,000 |
| 2017 | $2,567 | $256,100 | $215,700 | $40,400 |
| 2016 | $2,346 | $237,000 | $202,500 | $34,500 |
| 2015 | $2,555 | $258,100 | $223,600 | $34,500 |
| 2014 | $2,245 | $247,300 | $218,300 | $29,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Emily Moore
Steel Forged Real Estate LLC
(757) 675-6014
2 in this area
31 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10545099
APN: 2427-12-5766
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.
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
- 507 Winston Salem Ave
- 404 Terrace Ave
- 408 Terrace Ct
- 515 Carolina Ave
- 500 Pacific Ave Unit 309
- 500 Pacific Ave Unit 812
- 500 Pacific Ave Unit 908
- 500 Pacific Ave Unit 203
- 610 Virginia Ave
- 405 Harbour Point Unit 305
- 411 Harbour Point Unit 102
- 407 Harbour Point Unit 303
- 524 Maryland Ave
- 710 Greensboro Ave
- 921 Baltic Ave
- 627 Delaware Ave
- 714 Goldsboro Ave
- 532 9th St
- 400 Rudee Point Rd Unit 205
- 303 Atlantic Ave Unit 1104