5721 Oak Terrace Dr Virginia Beach, VA 23464
Estimated payment $2,194/month
Highlights
- Wood Flooring
- Attic
- No HOA
- Kempsville Middle School Rated A-
- 1 Fireplace
- Breakfast Area or Nook
About This Home
Incredible opportunity in the established Avalon subdivision! This solid, all-brick ranch, built in 1958, is ready for your vision. Offering 1,661 sq ft, the home features 3 bedrooms, 2 full baths, and classic wood flooring. Stay comfortable with central A/C and forced air heat, and enjoy the cozy fireplace.The main attraction is the massive 0.463-acre lot, providing a vast backyard with endless possibilities. A large 540 sq ft attached garage offers ample space for vehicles or storage. Conveniently located near Town Center, interstates, and bases. Don't miss this chance, schedule your tour today! HUD Case# 541-753786 IE (Insured Escrow), Subject to Appraisal. Seller makes no representations or warranties as to property condition. HUD Homes are Sold “As-Is”. Built prior to 1978, lead based paint may potentially exist. Equal Housing Opportunity. Seller may contribute up to 3% for buyer’s closing costs, upon buyer request. 3D True Immersive Virtual Tour available. Schedule today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,102
Year Built
- Built in 1958
Lot Details
- 0.46 Acre Lot
- Property is zoned R10
Parking
- 1 Car Attached Garage
Home Design
- Brick Exterior Construction
- Asphalt Shingled Roof
- Composition Roof
Interior Spaces
- 1,661 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 1 Fireplace
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Breakfast Area or Nook
- Electric Range
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Woodstock Elementary School
- Kempsville Middle School
- Kempsville High School
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
- Gas Water Heater
Additional Features
- Standby Generator
- Porch
Community Details
- No Home Owners Association
- Avalon Terrace Estate Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,102 | $328,900 | $155,400 | $173,500 |
| 2024 | $3,102 | $319,900 | $155,400 | $164,500 |
| 2023 | $3,037 | $306,800 | $144,900 | $161,900 |
| 2022 | $1,759 | $282,500 | $127,100 | $155,400 |
| 2021 | $2,452 | $247,700 | $122,100 | $125,600 |
| 2020 | $1,759 | $229,600 | $122,100 | $107,500 |
| 2019 | $1,759 | $233,100 | $122,100 | $111,000 |
| 2018 | $2,337 | $233,100 | $122,100 | $111,000 |
| 2017 | $1,759 | $232,200 | $123,800 | $108,400 |
| 2016 | $1,759 | $232,200 | $123,800 | $108,400 |
| 2015 | $1,759 | $219,500 | $123,800 | $95,700 |
| 2014 | -- | $214,000 | $137,000 | $77,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | For Sale | $365,000 | -- | $220 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed In Lieu Of Foreclosure | $390,042 | Equity National Title | |
| Gift Deed | -- | None Listed On Document | |
| Gift Deed | -- | None Listed On Document | |
| Gift Deed | $282,500 | -- |
Source: Real Estate Information Network (REIN)
MLS Number: 10605597
APN: 1456-86-5177
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