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Virginia Beach 23454
1132 BALCH PLACE
$145,000
● House - Off Market

1132 BALCH PLACE

Virginia Beach, VA 23454
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,406 Ft²
$411,565
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

*Accepted Offer*  Amazing value in sought after section of Virginia Beach! Open floor plan!  Newer hardwood floors, newer windows, and custom paint! This one won't last long! Property sold as is.
Unit Size
1,406 Ft²
Days on Market
56 days
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
$134
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (CVRMLS #1301951)

Price History

Date / Event Date Event Price
Dec 20, 2022 Sold
Premium
Sold
Jun 28, 2019 Sold
Premium
Sold
May 25, 2019 No longer available -
No longer available
May 6, 2019 Listed by Native American Group Realty $240,000
Listed by Native American Group Realty
Jun 25, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 4
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,752
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAM NECK ESTATES
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: DAM NECK ESTATES SEC 1-A LOT 33

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045408

Zoning

  • Zoning: 10

Geography

  • Assessors Map Reference: PM K124
  • Parcel: 24154445220000
  • Lot: 33
  • Municipality: PRINCESS ANNE
  • Latitude: 36.7838
  • Longitude: -76.0019

    Address

  • Full Address: 1132 Balch Pl
  • Address - House Number: 1132
  • Address - Street Name: Balch
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 5639
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $296,802
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1191
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 87
  • Final Value: 340,506
  • High Value: 381,069
  • Low Value: 299,943

    Market Valuation

  • Market Total Value: $299,800
  • Market Land Value: $125,000
  • Market Improvement Value: $174,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,800
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $174,800

    Sales

  • Current Sale Contract Date: Dec 15, 2022
  • Current Sale Recording Date: Dec 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 61820
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 12, 2019
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Virginia Beach

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$266

Below Asking

0.03%

Average Days on Market

41

Average Home Size

2550 ft²

Average Home Age

44.7 years

Currently For Sale

19 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CVR

Listed by: Susan Jenkins, Native American Group Realty
Last Updated: 12 months ago
Data Source: CVRMLS , MLS# 1301951
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 1132 Balch Place built and last sold?
The property at 1132 Balch Place was built in 1983 and last sold on Dec 15, 2022 for $329,000.
How much is this home worth?
The estimated value of the home located at 1132 Balch Place is $254,156.
What are some comparable homes to 1132 Balch Place?
There are currently no comparable homes to 1132 Balch Place.
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