8 months on rocket

2447 Salem Rd, Virginia Beach, VA, 23456

$350,000

5.31 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #10528872
Lot Size5.31 Acres
StatusActive

About 2447 Salem Rd

LOCATION and ACREAGE in the heart of Virginia Beach, makes this property a true one of a kind opportunity! Amazing building opportunity off Salem Rd, over 5.3 ACRES, with City Water and City Sewer and there is a temp Power Pole there too. There is driveway access already up to code for VB built just 2 years ago. There are so many opportunities and possibilities with the use of this land. There is approval for a home site for single family home and it could be possible for buildable 3 lots, with approved city rezoning, 2 lots with two road and 1 flag lot or General Business. There are No Wetlands and Not in a Flood Zone. Survey is available upon request.

Property Details

Property Features

Listing Office:

  • Office Name: The Real Estate Group
  • Listing Agent: Alexandra Serrano

Lot Features

Lot Information:

  • Lot Size: 5.31 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000

Tax Information:

  • Annual Amount: $1,725
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Virginia Beach, VA.

Med. Sold Price

$560K

Med. Price/SqFt

$220

Avg. Days On Market

22

# of Sold Homes

368

2447 Salem Rd vs Virginia Beach

245 DAYS ON ROCKET

+223 Days

$350,000

-$210K Less

KEY TAKEAWAY

This property is $210K less than the Median Sold Price in Virginia Beach, VA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10528872

Listing Office:

  • Office Name: The Real Estate Group
  • Listing Agent: Alexandra Serrano

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,725$174,200
2020$1,772$174,200
2019$1,746$174,200
2018$1,746$174,200
2017$1,746$174,200

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-710326
8
/10
  • New Castle Elementary School

  • 4136 Dam Neck Rd

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-710327
5
/10
  • Salem Elementary School

  • 3961 Salem Lakes Blvd

  • 1.48 miles

  • Public District Grades PK-5

school-card-donut-710328
4
/10
  • Landstown Elementary School

  • 2212 Recreation Dr

  • 1.59 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,846. The most common annual income of people living in Virginia Beach, VA is between $100k-200k. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2447 Salem Rd

What is the listing price of this property?

The listing price of 2447 Salem Rd property is $350,000.

What type of property is this?

The property 2447 Salem Rd is land located in Virginia Beach, Virginia, 23456.

Is this property for sale now?

Active Listing: 2447 Salem Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,725 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2447 Salem Rd is 5.31 acres.
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Rocket HomesVirginiaVirginia Beach234562447 Salem Rd

This home is located at 2447 Salem Rd in Virginia Beach, VA and zip code 23456. This home sits on a 5.31 acre lot. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $350,000.

In November 2024, from all listings sold in Virginia Beach, VA there were more than 0 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. Between October 2024 and November 2024, Virginia Beach, VA real estate market has seen increase in the number of listings by 2.4%. In November 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $560,000.

From Rocket Homes Real Estate and based on county public records data.

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