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4948 Rachel St

Virginia Beach, VA 23462

4 bd 2 ba 1,242 sqft Built 1959 Lot 8,513 sqft single_family
Most recent sale
$226,000
Feb 27, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 21, 2024 Sold $340,000 Public Record
Apr 26, 2024 Price changed $335,000 HamptonRoads
Apr 15, 2024 Listed $340,000 HamptonRoads
Feb 27, 2024 Sold $226,000 Public Record
Feb 9, 2024 Listing removed HamptonRoads
Feb 6, 2024 Relisted $305,000 HamptonRoads
Feb 1, 2024 Listing removed HamptonRoads
Dec 11, 2023 Listed $305,000 HamptonRoads
Aug 14, 2015 Sold $199,900 Public Record
Jun 25, 2015 Listing removed $199,900 HamptonRoads
Jun 18, 2015 Price changed $199,900 HamptonRoads
May 4, 2015 Price changed $209,900 HamptonRoads
Mar 31, 2015 Listed $215,000 HamptonRoads
Nov 26, 2014 Sold $94,100 Public Record
Nov 1, 2014 Listing removed $100,000 HamptonRoads
Oct 31, 2014 Listed $100,000 HamptonRoads
Mar 31, 1998 Sold $83,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $170,700 $135,000 $305,700 $2,965
2024 $170,700 $135,000 $305,700 $2,355
2023 $106,200 $120,000 $226,200 $2,239
2022 $97,900 $103,200 $201,100 $1,990
2021 $95,400 $79,400 $174,800 $1,730
2020 $95,200 $79,400 $174,600 $1,776
2019 $92,500 $75,900 $168,400 $1,749
2018 $92,500 $75,900 $168,400 $1,688
2017 $92,500 $75,900 $168,400 $1,688
2016 $87,200 $75,900 $163,100 $1,614
2015 $83,400 $75,900 $159,300 $1,577
2014 $72,600 $86,300 $158,900 $1,477
2013 $72,600 $86,300 $158,900 $1,477
2012 $72,600 $86,300 $158,900 $1,509
2011 $72,600 $96,000 $168,600 $1,500
2010 $82,400 $96,000 $178,400 $1,587
2009 $84,000 $99,900 $183,900 $1,636
2008 $84,900 $102,800 $187,700 $1,670
2007 $80,832 $97,000 $177,832 $1,582

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,242 sqft
Lot size
8,513 sqft
ZIP code
23462
City
Virginia Beach
Street
Rachel St
Coordinates
36.85083, -76.15222

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
$1,863
Gross rental yield
9.89%
Implied cap rate
6.43%
Trend-extrapolated value

Frequently asked questions

When did 4948 Rachel St last sell?
4948 Rachel St most recently sold on Feb 27, 2024 for $226,000.
What is the current tax assessment for 4948 Rachel St?
The most recent total assessment for 4948 Rachel St (year 2025) is $305,700 with $2,965 in property tax.
How does 4948 Rachel St's assessment compare to its last sale price?
The current assessment is 35.3% above the last sale price of $226,000.
When was 4948 Rachel St built?
4948 Rachel St was built in 1959.
How does 4948 Rachel St compare to others on Rachel St?
We track 1 other property on Rachel St. Browse the list under "Other properties on Rachel St" to compare beds, baths, and sale history.
What are the property facts for 4948 Rachel St?
4948 Rachel St is a 4 bed, 2 bath, 1,242 sqft, 8,513 sqft lot single_family.
Is 4948 Rachel St a flip candidate?
Yes — 4948 Rachel St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4948 Rachel St a tax-appeal candidate?
No — 4948 Rachel St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$327.5K
2026 Q4
$330.2K
ZIP 23462 — Median Price History + Forecast

Explore nearby

Other properties on Rachel St