new - 1 day on rocket

5724 Oak Terrace Dr, Virginia Beach, VA, 23464

$415,000

Home List Price

$4,928*

Closing Credit

4 Bedrooms
3 Full Baths
1,980 SqFt
$210/SqFt
House

Location

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5724 Oak Terrace Dr, Virginia Beach$415,000

Buyer Closing Credits

$4,928*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Att 2 Car
Attached Garage2 spaces
Year Built1960
HeatingForced Air, Heat Pump
CoolingCentral Air
BasementYes
MLS #10559739
StatusActive
(New Listing)

About 5724 Oak Terrace Dr

Discover this beautiful 4-bedroom, 3-bath brick ranch in the desirable Avalon neighborhood! The bright, open layout boasts solid hardwood floors in main living areas and an upgraded primary bathroom with modern finishes. Perfect for extended family or guests, the in-law suite with separate entrance offers privacy and comfort. Enjoy the convenience of a two-car garage and the curb appeal of a timeless brick exterior. Located close to schools, shopping, and military bases, this home combines style, functionality, and an unbeatable location. Don’t miss this opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Stories: 1
  • Living Area: 1,980 SqFt

Listing Office:

  • Office Name: Coastal Towne Realty
  • Listing Agent: Chrissy Hagler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Laminate/LVP, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Att 2 Car

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $415,000
  • Price Per SqFt: $210/SqFt

Tax Information:

  • Annual Amount: $2,807
  • Tax Year: 2021
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Housing Market Comparison

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

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Virginia Beach, VA

City

Med. Sold Price

$320K

Med. Price/SqFt

$223

Avg. Days On Market

27

# of Sold Homes

413

5724 Oak Terrace Dr vs Virginia Beach

1 DAY ON ROCKET

-26 Days

$415,000

+$95K More

$210/SqFt

-$13 Less

KEY TAKEAWAY

This property is $95K more than the Median Sold Price and $13/SqFt less than other homes in Virginia Beach, VA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10559739

Listing Office:

  • Office Name: Coastal Towne Realty
  • Listing Agent: Chrissy Hagler

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Last updated on: 11/24/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,807$283,500
2020$2,778$273,100
2019$2,675$266,900
2018$2,655$266,900
2017$2,655$264,800

History based on county public records data.

Payment Calculator

$2,139

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,311

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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-1109223
4
/10

  • Woodstock Elementary School

  • 6016 Providence Rd

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-1109224
8
/10

  • Fairfield Elementary School

  • 5428 Providence Rd

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-1109225
6
/10

  • Arrowhead Elementary School

  • 5549 Susquehanna Dr

  • 0.82 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,808. The majority of Virginia Beach, VA residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5724 Oak Terrace Dr

What is the listing price of this property?

The listing price of 5724 Oak Terrace Dr property is $415,000.

What type of property is this?

The property 5724 Oak Terrace Dr is a house located in Virginia Beach, Virginia, 23464.

Is this property for sale now?

Active Listing: 5724 Oak Terrace Dr 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 $2,807 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5724 Oak Terrace Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5724 Oak Terrace Dr is 1,980 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5724 Oak Terrace Dr is 1960.

Rocket Homes›Virginia›Virginia Beach›23464›5724 Oak Terrace Dr

This home is located at 5724 Oak Terrace Dr in Virginia Beach, VA and zip code 23464 in the Kempsville neighborhood. This 1,980 square foot home was built in 1960. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $415,000.

Over 1 listings were sold over their listed price in October 2024 in Virginia Beach, VA. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price. Between September 2024 and October 2024, Virginia Beach, VA real estate market has seen increase in the number of listings by 8.8%. While the average time on the market in October 2024 was 27 days, the median list price was $320,000.

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

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