Zip Code
1944 Claudia May Rd, Virginia Beach, VA 23457
2 beds · 1 bath · 2,184 sq ft · Lot: 22,362 sq ft · Single Family Home · Last Sold: $34.5K in 1979 · Built: 1976
Est. Value:
$389K
Est. Rent:
$2.5K/month

1944 Claudia May Rd Virginia Beach, VA 23457

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2 beds · 1 bath · 2,184 sq ft · Lot Size: 22,362 sq ft · Single Family Home
Est. Property Value: $389,497

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1944 Claudia May 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 1976 and is approximately 49 years old. The single family home spans 2184 sq ft with 2 bedrooms and 1 bathroom and sits on a 22362 sq ft lot. According to public records, it was last sold in 1979 for $34,500 and has a tax-assessed value of $344,100, which is $178 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1944 Claudia May Rd Virginia Beach, VA 23457 with Property Intel by Whitepages.

Investment Potential for 1944 Claudia May Rd

The property has a current estimated value of $389,497, which is 14% below the zip median, based on public records. It last sold on September 10, 1979 for $34.5K. Projected long-term
is $30,600 annually ($2,550 per month) with a 95% occupancy rate.

Discover more Single Family Homes in 23457.

Long-Term

Gross Rental
$30,600 per year($2,550 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 23457 zip code
 
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Owners & Occupancy for 1944 Claudia May Rd

This property is owned by Kenneth W Holmes. Owner contact information includes 3 phone numbers and 4 email addresses.

Property Owners

Residence******************
Landline(757) 258-2432
Distance from Property**********
Email Address*******@jackson.gannett.comView Email
Residence******************
Landline(757) 258-2432
Distance from Property**********
Email Address*******@jackson.gannett.comView Email

Property Ownership Information

Purchase DateSeptember 10, 1979
Property Tax Amount$3,338 in 2024
Purchase Price$34,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 73
Resident 2**************** age 76

Property Details for 1944 Claudia May Rd

Property Details

Property Sq Ft

Living Area

2,184 sq ft

81% above market

Lot Size

22,362 sq ft

67% below market

Price Per Sq Ft

Living Area

$178 / sq ft

4% below market

Lot Size Area

$17 / sq ft

85% above market

Property condition, age, exterior, etc. for 1944 Claud…
Longitude: -76.028808 Latitude: 36.578127 Parcel Number (APN): 230-789-54240-000…
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Market Benchmarks

Compare data for 1944 Claudia May 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
$389,497
$228,331
$161,166 (71%)
$349,730
$265,399 (76%)
YoY Price Change
Year Built
1976
1963
13 years
Living Space
2,184 sq ft
1,140 sq ft
1044 (92%)
$ Per Living Sq Ft
$178
$188
-$10 (-5%)
Lot Size
22,362 sq ft
11,769 sq ft
10593 (90%)
$ Per Lot Sq Ft
$17
$34
-$17 (-49%)

Net Operating Income
$20,534
-$200 (-1%)
Annual Revenue
$30,600
$25,800
$4,800 (19%)
$5,362
$4,904 (91%)
Net Operating Income
$20,534
-$200 (-1%)
Cap Rate
8.01%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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