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949 12th St

Virginia Beach, VA 23451

3 bd 4 ba 1,953 sqft Built 2015 condo
Most recent sale
$455,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $455,000 Public Record
May 23, 2022 Listed $439,900 MLS #10438060
Jul 6, 2015 Sold $379,900 Public Record
Jun 6, 2015 Listing removed $379,900 HamptonRoads
Apr 7, 2015 Listed $379,900 MLS #1515070

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $384,400 $241,300 $625,700 $6,069
2024 $384,400 $241,300 $625,700 $5,527
2023 $356,200 $213,600 $569,800 $5,641
2022 $324,100 $178,200 $502,300 $4,972
2021 $298,800 $178,200 $477,000 $4,722
2020 $260,400 $169,000 $429,400 $4,369
2019 $208,300 $169,000 $377,300 $4,120
2018 $208,300 $169,000 $377,300 $3,782
2017 $233,800 $162,500 $396,300 $3,972
2016 $249,500 $162,500 $412,000 $4,078
2015 $216,900 $166,600 $383,500 $3,796

Property facts

Year built
2015
Property type
condo
Stories
3
Beds
3
Baths
4
Living area
1,953 sqft
Lot size
ZIP code
23451
City
Virginia Beach
Street
12th St
Coordinates
36.83846, -75.98738

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,930
Gross rental yield
7.73%
Implied cap rate
5.02%
Trend-extrapolated value

Frequently asked questions

When did 949 12th St last sell?
949 12th St most recently sold on Jul 18, 2022 for $455,000.
What is the current tax assessment for 949 12th St?
The most recent total assessment for 949 12th St (year 2025) is $625,700 with $6,069 in property tax.
How does 949 12th St's assessment compare to its last sale price?
The current assessment is 37.5% above the last sale price of $455,000.
When was 949 12th St built?
949 12th St was built in 2015.
How does 949 12th St compare to others on 12th St?
We track 8 other properties on 12th St. Browse the list under "Other properties on 12th St" to compare beds, baths, and sale history.
What are the property facts for 949 12th St?
949 12th St is a 3 bed, 4 bath, 1,953 sqft condo.
Is 949 12th St a flip candidate?
No — 949 12th St does not appear in our flips dataset.
Is 949 12th St a tax-appeal candidate?
Yes — 949 12th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$897K
2026 Q4
$892.6K
ZIP 23451 — Median Price History + Forecast

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