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For sale
  • $229,900

    5031 Indian River Rd, Virginia Beach, VA 23464

    4beds
    1,560sqft
    : 
    $1,615/mo
    Get pre-qualified
    Single Family Residence
    Built in 1957
    8,712 Square Feet Lot
    $-- Zestimate®
    $147/sqft
    $-- HOA

    What's special

    Don’t miss this fantastic investment opportunity in the heart of Virginia Beach! This diamond in the rough sits on 0.20 acres right along Indian River Rd, great for a full rehab project. The existing 4-bedroom, 1-bath ranch has tons of potential, or you can start fresh and build your dream home. Due to its condition, this is a cash or renovation deal. Bring your contractor, and your vision! Call today and schedule a private showing Property sold as is where is; seller to make no repairs.
    28 days
    1,815
    56

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Jenkins,

    Better Homes & Gdns Ntv Am Grp 757-495-5500,

    Ernie Gutierrez,

    Better Homes & Gdns Ntv Am Grp

    Source: REIN Inc.,MLS#: 10647265MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: 1st Floor BR, Utility Room
      Heating
      • None
      Cooling
      • None
      Appliances
      • Included: None
      Features
      • Flooring: Other
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,560 sqft

      Property

      Parking
      • Parking features: Parking Lot, Off Street
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      • Fencing: None
      • Waterfront features: Not Waterfront
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 73' x 105' x 83' x 105'
      Details
      • Parcel number: 14657415890000
      • Zoning: R75
      • Special conditions: Bank Repo
      • Other equipment: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Other
      • Roof: Asphalt Shingle
      Condition
      • New construction: No
      • Year built: 1957

      Utilities & green energy

      • Sewer: City/County
      • Water: City/County

      Community & HOA

      Community
      • Subdivision: All Others Area 48
      HOA
      • Has HOA: No
      Location
      • Region: Virginia Beach

      Financial & listing details

      • Price per square foot: $147/sqft
      • Tax assessed value: $159,600
      • Annual tax amount: $1,548
      • Date on market: 9/11/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,367/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2025$1,548 +8.4%$159,600 +10.7%
        2024$1,428 +7.1%$144,200 +7.1%
        2023$1,334 $134,700
        2022$1,334 +4.9%$134,700 +4.9%
        2021$1,271 -9.9%$128,400 +0.8%
        2020$1,411 +15.6%$127,400 +4.6%
        2019$1,221 $121,800
        2018$1,221 +4.5%$121,800 +4.5%
        2017$1,169 $116,600 +3.1%
        2016-- $113,100 +3.2%
        2015-- $109,600 +5.2%
        2014-- $104,200 +0.5%
        2013-- $103,700
        2012-- $103,700 -5.7%
        2011-- $110,000
        2010-- $110,000 -20.9%
        2007-- $139,136 +21.9%
        2006-- $114,136 +1.4%
        2005-- $112,576 +28.5%
        2004-- $87,576 +19%
        2003-- $73,576 +2.8%
        2002-- $71,576 +4.4%
        2001-- $68,576
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mears Corner

        Getting around

        40 / 100
        Car-Dependent
        25 / 100
        Some Transit
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Indian Lakes Elementary
        • Middle: Brandon Middle
        • High: Tallwood

        Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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