Sold for $599,900

$599,900

500 Mediterranean Ave, Virginia Beach, VA 23451

2beds

827sqft

SingleFamily

Built in 1957

7,500 Square Feet Lot

$632,200 Zestimate^®

$725/sqft

$2,000 Estimated rent

Home value

$632,200

$588,000 - $676,000

$2,000/mo

Zestimate^® history

Owner options

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$2,000/mo

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$3,572/mo

Est. payment

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$3,572/mo

Est. payment

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What's special

Large 100' X 75' corner lot in Shadowlawn, the nicest neighborhood at the beach. Cozy beach bungalow. Two large bedrooms and 1 full bath. Finished garage, could be used as a man cave or possible mother-in-law suite. Garage is a must see. Large shed and outdoor shower in fully fenced backyard for privacy. Perfect lot to build your dream home or expand on the existing structure. No flood insurance required. POF or Lender Approval is required to view this property.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Forced air, Electric

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Tile, Carpet, Linoleum / Vinyl
Basement: None
Has fireplace: No

Interior area

Total interior livable area: 827 sqft

Property

Parking

Parking features: Garage - Detached, Off-street

Features

Exterior features: Vinyl

Lot

Size: 7,500 Square Feet

Details

Parcel number: 24270288130000

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Roof: Asphalt

Condition

Year built: 1957

Community & HOA

Location

Region: Virginia Beach

Financial & listing details

Price per square foot: $725/sqft
Tax assessed value: $507,200
Annual tax amount: $4,920

Price history

Date	Event	Price
1/23/2025	Sold	$599,900$725/sqft
Source: Public Record Report a problem
12/24/2024	Contingent	$599,900$725/sqft
Source: REIN Inc. #10551873 Report a problem
11/19/2024	Price change	$599,900-3.2%$725/sqft
Source: REIN Inc. #10551873 Report a problem
9/20/2024	Listed for sale	$620,000-4.6%$750/sqft
Source: REIN Inc. #10551873 Report a problem
9/12/2024	Listing removed	--
Source: Owner Report a problem
8/9/2024	Listed for sale	$650,000+132.1%$786/sqft
Source: Owner Report a problem
6/11/2015	Sold	$280,000$339/sqft
Source: Public Record Report a problem
5/13/2015	Pending sale	$280,000$339/sqft
Source: Homepath #1519116 Report a problem
4/28/2015	Listed for sale	$280,000$339/sqft
Source: Nuvia Rivera & Associates #1519116 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,920 +0.3%	$507,200 +2.3%
2024	$4,907 +24.9%	$495,700 +24.9%
2023	$3,928 +20%	$396,800 +20%
2022	$3,275 +5.3%	$330,800 +5.3%
2021	$3,110 -7.2%	$314,100 +3.8%
2020	$3,350 +13.6%	$302,500 +2.8%
2019	$2,950	$294,300
2018	$2,950 +1.3%	$294,300 +1.3%
2017	$2,913 +9.8%	$290,600 +8.5%
2016	$2,652 -7.8%	$267,900 -7.8%
2015	$2,877	$290,600 +3.4%
2014	$2,877	$281,000 +2.4%
2013	--	$274,400
2012	--	$274,400 -4.3%
2011	--	$286,700 -3.5%
2010	--	$297,200 -12%
2007	--	$337,568 +24.2%
2006	--	$271,856 +21.5%
2005	--	$223,696 +36.7%
2004	--	$163,672 +17.1%
2003	--	$139,824 +6.9%
2002	--	$130,824 +9.2%
2001	--	$119,824