1397 Sangaree Cir Virginia Beach, VA 23464

2 beds · 2 baths · 836 sq ft · Lot Size: 4,222 sq ft · Single Family Home
Est. Property Value: $219,297

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1397 Sangaree Cir is in the 23464 neighborhood of Virginia Beach, VA. It is located in Virginia Beach city County and ZIP code 23464. This Single Family Home was built in 1984 and is approximately 41 years old. The single family home spans 836 sq ft with 2 bedrooms and 2 bathrooms and sits on a 4222 sq ft lot. According to public records, it was last sold in 2024 for $200,000 and has a tax-assessed value of $171,500, which is $262 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1397 Sangaree Cir Virginia Beach, VA 23464 with Property Intel by Whitepages.

1397 Sangaree Cir

Virginia Beach, VA 23464

Neighborhood

Owners & Occupancy for 1397 Sangaree Cir

No contact information is available.

Occupancy

Resident 1************* age 87
Resident 2************

Property Financials for 1397 Sangaree Cir

1397 Sangaree Cir, Virginia Beach, VA has a mortgage from United Wholesale Mtg (orig. November 14, 2024). The Virginia Beach city county assessment for 2024 values it at $171,500.

Mortgage & Equity Information

Loan Amount$******
LenderUnited Wholesale Mtg
Origination DateNovember 14, 2024
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateNovember 14, 2024
Purchase Price$200,000
Assessed Value$171,500 on 2024

Investment Potential for 1397 Sangaree Cir

The property has a current estimated value of $219,297, which is 0% below the zip median, based on public records. It last sold on November 14, 2024 for $200K. Projected long-term
is $21,600 annually ($1,800 per month) with a 96% occupancy rate.

Discover more Single Family Homes in 23464.

Long-Term

Gross Rental
$21,600 per year($1,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 23464 zip code
 
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Property Details for 1397 Sangaree Cir

Property Details

Property Sq Ft

Living Area

836 sq ft

26% below market

Lot Size

4,222 sq ft

13% above market

Price Per Sq Ft

Living Area

$262 / sq ft

37% above market

Lot Size Area

$52 / sq ft

18% below market

Property condition, age, exterior, etc. for 1397 Sanga…
Longitude: -76.153344 Latitude: 36.789712 Parcel Number (APN): 147-505-15030-000…

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Market Benchmarks

Compare data for 1397 Sangaree Cir in Virginia Beach city County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$219,297
$196,476
$22,821 (12%)
$328,538
-$44,559 (-14%)
YoY Price Change
2.6%
-88%
Year Built
1984
1963
21 years
Living Space
836 sq ft
1,140 sq ft
-304 (-27%)
$ Per Living Sq Ft
$262
$171
$91 (54%)
Lot Size
4,222 sq ft
11,769 sq ft
-7547 (-64%)
$ Per Lot Sq Ft
$52
$14
$38 (280%)

Net Operating Income
$19,911
-$2,802 (-14%)
Annual Revenue
$21,600
$25,800
-$4,200 (-16%)
$6,121
-$1,630 (-27%)
Net Operating Income
$19,911
-$2,802 (-14%)
Cap Rate
9.35%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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