4-bedroom, 2-bath ranch in sought after Lake Smith Terrace offering solid construction and great potential. This home has "good bones" and a functional layout, ready for your cosmetic updates and personal touch. Spacious living areas, generous bedrooms, and a sizable lot provide the perfect canvas to create a modern ranch tailored to your style. Ideal for investors or buyers looking to build equity. Priced to sell and offered As Is-bring your vision and make this home your own!
Single-familyProperty Type
1966Year Built
$192Price/Sq.Ft.
1 car garageParking
Listed by Eric Ziemer• The Real Estate Group
Bought with Christopher Castle• Iron Valley Real Estate Prestige
Est. $2,951 per month, based on comparable rentals
Sale and tax history for 1040 Ewell Rd
Sale History
Tax History
Date
Event
Price
REINMLS #10633280
May 27, 2026
Sold
$409,000
$192/sq ft
May 5, 2026
Listed
$419,000
$197/sq ft
Public Records
Aug 18, 1987
Sold
$119,000
$56/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,793 (+3.7%)
$165,000 + $226,000
$391,000
2024
$3,656 (+10.6%)
$165,000 + $226,000
$391,000
2023
$3,305 (+3.2%)
$165,000 + $211,900
$376,900
2022
$3,203 (+6.6%)
$147,000 + $186,800
$333,800
2021
$3,005 (+1.2%)
$140,000 + $183,500
$323,500
2020
$2,969 (+2.6%)
$125,000 + $178,500
$303,500
2019
$2,894 (+3.7%)
$125,000 + $166,800
$291,800
2018
$2,790 (−4.0%)
$125,000 + $153,300
$278,300
2017
$2,906 (+4.2%)
$125,000 + $164,900
$289,900
2016
$2,788 (+1.2%)
$125,000 + $164,900
$289,900
2015
$2,756 (+8.7%)
$125,000 + $156,700
$281,700
2014
$2,536 (+6.2%)
$125,000 + $147,700
$272,700
2013
$2,387 (−7.6%)
$125,000 + $147,700
$272,700
2012
$2,583
$125,000 + $131,700
$256,700
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
10,658 Sq. Ft.
Year renovated
—
Sq. Ft.
2,128
Year built
1966
Style
Single Family Residential
County
Virginia Beach
APN
14783843090000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 23, 2026.
R10
Residential District
The purpose of the Residential Districts is to provide areas for residential housing types at a variety of densities, provide for harmonious neighborhoods located so as to create compatibility and to provide for certain other necessary and related uses within residential communities but limited as to maintain neighborhood compatibility. The R-40, R-30 and R-20 Residential Districts provide for larger minimum lot sizes for use in areas where lower residential densities are necessary to address environmental and public facilities constraints as recommended by the comprehensive plan. The R-15, R-10 and R-7.5 Residential Districts provide for medium density single-family residential development in areas where these densities are recommended by the comprehensive plan. The R-5D Residential Duplex District is created in recognition of the existence of developed areas where single-family and semidetached dwellings exist on lots averaging five thousand square feet in area and where duplexes exist on lots of ten thousand square feet in area. It is not the intention to create additional R-5D Districts or to enlarge the limits of existing R-5D Districts. The R-5R Residential Resort District is created in recognition of the existence of developed areas where single-family and duplex dwellings exist on lots of less than seven thousand five hundred square feet of area and where the character of the neighborhood includes both permanent yearround residents as well as seasonal residents. It is not the intention to create additional R-5R Districts or to enlarge the limits of existing R-5R Districts. The R-5S Residential Single-Family District is created in recognition of the existence of developed areas where single-family dwellings exist on lots with fifty- and sixty-foot frontages. It is not the intention to create additional R-5S Districts or to enlarge the limits of existing R-5S Districts. The R-2.5 Residential Townhouse District provides for the development of residential townho
Permitted uses
Include but are not limited to:
Agriculture
Day care facility
Housing-Single unit
Housing-Senior
Infrastructure
Educational/school
Communications tower
Cemetery
Park & open space
May 21, 2023 • Final
Electrical residential
Install a standby generator and a transfer switch.
Electrical
Generator
May 21, 2023 • Final
Gas residential
Gas
Generator
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.