Zip Code
4841 Morris Neck Rd, Virginia Beach, VA 23457
5 beds · 4 baths · 2,802 sq ft · Lot: 47,480 sq ft · Single Family Home · Built: 1970
Est. Value:
$575K
Est. Rent:
$3.3K/month

4841 Morris Neck Rd Virginia Beach, VA 23457

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5 beds · 4 baths · 2,802 sq ft · Lot Size: 47,480 sq ft · Single Family Home
Est. Property Value: $575,453

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

4841 Morris Neck 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 1970 and is approximately 55 years old. The single family home spans 2802 sq ft with 5 bedrooms and 4 bathrooms and sits on a 47480 sq ft lot. According to public records, it was last sold in 1996 and has a tax-assessed value of $490,400, which is $205 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 4841 Morris Neck Rd Virginia Beach, VA 23457 with Property Intel by Whitepages.

Investment Potential for 4841 Morris Neck Rd

The property has a current estimated value of $575,453, which is 4% below the zip median, based on public records. It last sold on April 08, 1996. Projected long-term
is $39,000 annually ($3,250 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$39,000 per year($3,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 23457 zip code
 
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Owners & Occupancy for 4841 Morris Neck Rd

This property is owned by Malinda H Etheridge. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

Residence******************
Landline(919) 340-8935
Distance from Property**********
Email Address***********@gmail.comView Email

Property Ownership Information

Purchase DateApril 08, 1996
Property Tax Amount$4,757 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1*****************
Resident 2*************** age 61
Resident 3*********************** age 37
Resident 4******************* age 80

Property Details for 4841 Morris Neck Rd

Property Details

Property Sq Ft

Living Area

2,802 sq ft

6% below market

Lot Size

47,480 sq ft

65% below market

Price Per Sq Ft

Living Area

$205 / sq ft

2% below market

Lot Size Area

$12 / sq ft

103% above market

Property condition, age, exterior, etc. for 4841 Morri…
Longitude: -76.011062 Latitude: 36.636036 Parcel Number (APN): 241-030-16550-000…
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Market Benchmarks

Compare data for 4841 Morris Neck 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
$575,453
$532,064
$43,390 (8%)
$754,223
$154,585 (20%)
YoY Price Change
2.29%
-480%
Year Built
1970
1989
-19 years
Living Space
2,802 sq ft
2,564 sq ft
238 (9%)
$ Per Living Sq Ft
$205
$203
$2 (1%)
Lot Size
47,480 sq ft
14,593 sq ft
32887 (225%)
$ Per Lot Sq Ft
$12
$42
-$29 (-71%)

Net Operating Income
$23,576
$1,270 (5%)
Annual Revenue
$39,000
$36,000
$3,000 (8%)
$12,219
$1,935 (16%)
Net Operating Income
$23,576
$1,270 (5%)
Cap Rate
4.43%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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