Zip Code
1913 Munden Point Rd, Virginia Beach, VA 23457
2 beds · 2 baths · 1,725 sq ft · Lot: 20,383 sq ft · Single Family Home · Last Sold: $460K in 2023 · Built: 1975
Est. Value:
$347K
Est. Rent:
$2.5K/month

1913 Munden Point Rd Virginia Beach, VA 23457

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2 beds · 2 baths · 1,725 sq ft · Lot Size: 20,383 sq ft · Single Family Home
Est. Property Value: $346,979

High Demand Long-Term RentalValued below Market MedianOwned for Less Than 5 YearsOwner Age 65 - 75

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1913 Munden Point Rd is in the 23457 neighborhood of Virginia Beach, VA. It is located in Virginia Beach city County and ZIP code 23457. This Single Family Home was built in 1975 and is approximately 50 years old. The single family home spans 1725 sq ft with 2 bedrooms and 2 bathrooms and sits on a 20383 sq ft lot. According to public records, it was last sold in 2023 for $460,000 and has a tax-assessed value of $433,700, which is $201 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1913 Munden Point Rd Virginia Beach, VA 23457 with Property Intel by Whitepages.

Investment Potential for 1913 Munden Point Rd

The property has a current estimated value of $346,979, which is 23% below the zip median, based on public records. It last sold on August 31, 2023 for $460K. Projected long-term
is $30,600 annually ($2,550 per month) with a 95% occupancy rate.

Discover more Single Family Homes in 23457.
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Long-Term

Gross Rental
$30,600 per year($2,550 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
95%in 23457 zip code
 
View Rental Potential

Owners & Occupancy for 1913 Munden Point Rd

This property is owned by Theresa R Petitt. Owner contact information includes 7 phone numbers and 5 email addresses.

Property Owners

Cell Phone(757) ***-****View Cell Phone
Residence******************
Landline(757) 721-6102
Distance from Property**********
Email Address************@gmail.comView Email
View All Owner Info

Property Ownership Information

Purchase DateAugust 31, 2023
Property Tax Amount$4,207 in 2024
Purchase Price$460,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 43
Resident 2***************** age 81
Resident 3**************** age 67

Property Details for 1913 Munden Point Rd

Property Details

Property Sq Ft

Living Area

1,725 sq ft

43% above market

Lot Size

20,383 sq ft

70% below market

Price Per Sq Ft

Living Area

$201 / sq ft

8% above market

Lot Size Area

$17 / sq ft

80% above market

Property condition, age, exterior, etc. for 1913 Munde…
Longitude: -76.026088 Latitude: 36.578245 Parcel Number (APN): 230-799-35210-000…
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Recommended Properties in 23457

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Market Benchmarks

Compare data for 1913 Munden Point Rd 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
$346,979
$228,331
$118,648 (52%)
$******
$349,730
$198,251 (57%)
YoY Price Change
—
—
—
Year Built
1975
1963
12 years
Living Space
1,725 sq ft
1,140 sq ft
585 (51%)
$ Per Living Sq Ft
$201
$188
$13 (7%)
Lot Size
20,383 sq ft
11,769 sq ft
8614 (73%)
$ Per Lot Sq Ft
$17
$34
-$17 (-51%)

Net Operating Income
$*****
$20,534
-$763 (-4%)
Annual Revenue
$30,600
$25,800
$4,800 (19%)
$*****
$5,362
$5,467 (102%)
Net Operating Income
$*****
$20,534
-$763 (-4%)
Cap Rate
****%
8.01%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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