2 months on rocket

631 Red Horse Ln, Virginia Beach, VA, 23462

$218,000

Home List Price

$2,589*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,396 SqFt
$156/SqFt
Townhouse

Location

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631 Red Horse Ln, Virginia Beach$218,000

Buyer Closing Credits

$2,589*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway Spc, Street
Year Built1969
HeatingElectric, Forced Air
CoolingCentral Air
BasementYes
MLS #10553630
StatusActive

About 631 Red Horse Ln

Perfect for a first time home buyer or investor! The 3 bedrooms and 1.5 baths located by Wesleyan University will make an excellent starter home with some TLC. Price based off of recent appraisal. Come see this one before it's gone!

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 1969
  • Stories: 2
  • Living Area: 1,396 SqFt

Listing Office:

  • Office Name: Wainwright Real Estate
  • Listing Agent: Brittney Karakos

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl
  • Interior: Walk-In Attic

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Driveway Spc, Street

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $218,000
  • Price Per SqFt: $156/SqFt

Tax Information:

  • Annual Amount: $1,154
  • 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

631 Red Horse Ln vs Virginia Beach

76 DAYS ON ROCKET

+54 Days

$218,000

-$342K Less

$156/SqFt

-$65 Less

KEY TAKEAWAY

This property is $342K less than the Median Sold Price and $65/SqFt less than other homes in Virginia Beach, VA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10553630

Listing Office:

  • Office Name: Wainwright Real Estate
  • Listing Agent: Brittney Karakos

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Last updated on: 12/18/2024, 10:20:57 PM 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$1,154$116,600
2020$1,150$113,100
2019$1,032$103,000
2018$945$103,000
2017$945$94,300

History based on county public records data.

Payment Calculator

$1,156

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$720

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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-111180
3
/10
  • Williams Elementary School

  • 892 Newtown Rd

  • 1.08 miles

  • Public District Grades 4-5

school-card-donut-111181
3
/10
  • Newtown Elementary School

  • 5277 Learning Cir

  • 1.26 miles

  • Public District Grades 2-3

school-card-donut-111182
2
/10
  • Point O'View Elementary School

  • 5400 Parliament Dr

  • 1.69 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,331. Typical income of Virginia Beach, VA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 631 Red Horse Ln

What is the listing price of this property?

The listing price of 631 Red Horse Ln property is $218,000.

What type of property is this?

The property 631 Red Horse Ln is a townhouse located in Virginia Beach, Virginia, 23462.

Is this property for sale now?

Active Listing: 631 Red Horse Ln 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 $1,154 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 631 Red Horse Ln has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 631 Red Horse Ln is 1,396 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 631 Red Horse Ln is 1969.

Rocket Homes›Virginia›Virginia Beach›23462›631 Red Horse Ln

This home is located at 631 Red Horse Ln in Virginia Beach, VA and zip code 23462 in the North West neighborhood. This 1,396 square foot home was built in 1969. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $218,000.

While more than 0 listings in Virginia Beach, VA in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. The inventory of homes for sale in Virginia Beach, VA between October 2024 and November 2024 increased by 2.4%. While the average time on the market in November 2024 was 22 days, the median list price was $560,000.

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

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