$1,500,000
UNDER CONTRACT

5465 Indian River Rd Virginia Beach, VA 23464

Estimated payment $8,483/month

Total Views 13,065
3 Beds
1 Bath
1,271 Sq Ft
$1,180 Price per Sq Ft

About This Home

Excellent potential on these 2 parcels of land totaling over 1.05 acres, on Indn. River Rd. Value strictly in the land. Zoned residential, eligible for rezoning for commercial use. Located at Indn. River Rd. and Ferry Point Rd. Near Lake James Dr. Great for a variety of uses: Retail, Mixed-Use and Office Buildings. Heavy traffic area, close access to CBN and Interstate 64. Prime location on large corner lot.

Listing Agent

Fred Helm

BHHS RW Towne Realty Listed on: 10/08/2024

BHHS RW Towne Realty

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,388

Year Built

1964

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Ranch
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • LP/ Sq Ft: 1180.17
  • Neighborhood Name: NEWLIGHT
  • Estimated Year Built: 1964
  • Address Street Name Website: Indian River
  • Address Street Num Website: 5465
  • Address Website: 5465 Indian River RD
  • Fence: No
  • Market Time: 102
  • Contingency Exists: Contingent
  • Special Features: UnderContract
  • Stories: 1
  • Year Built: 1964

Interior Features

  • Interior Amenities: Scuttle Access
  • Equipment: Attic Fan
  • Flooring Type: Carpet, Vinyl
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, Porch
  • Appliances: None
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1271

Exterior Features

  • Exterior Features: Corner, Storage Shed
  • Exterior Siding: Asbestos
  • Fence Description: None
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: City
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Det 2 Car

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Oil

Schools

  • Elementary School: Fairfield Elementary
  • Middle School: Brandon Middle
  • High School: Tallwood

Lot Info

  • Waterfront YN: No
  • Estimated Acres: 0.5170

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2360

MLS Schools

  • Elementary School: Fairfield Elementary
  • School High School: Tallwood
  • Middle School: Brandon Middle

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $2,388 $246,200 $143,000 $103,200
2023 $2,360 $238,400 $143,000 $95,400
2022 $2,212 $223,400 $128,000 $95,400
2021 $1,863 $188,200 $99,000 $89,200
2020 $1,775 $174,400 $99,000 $75,400
2019 $1,740 $165,000 $90,000 $75,000
2018 $1,654 $165,000 $90,000 $75,000
2017 $1,640 $163,600 $90,000 $73,600
2016 $1,604 $162,000 $94,800 $67,200
2015 $1,603 $161,900 $94,800 $67,100
2014 $1,527 $179,800 $123,600 $56,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 For Sale $1,500,000 -- $1,180 / Sq Ft
Source: Real Estate Information Network (REIN)

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Source: Real Estate Information Network (REIN)

MLS Number: 10554300

Real Estate Information Network (REIN)

APN: 1465-19-7133