1040 Princess Anne Rd is a 1,412 square foot house on a 0.53 acre lot with 3 bedrooms and 2 bathrooms. - it last sold on December 06, 2024 for $490,000. Based on Redfin's Virginia Beach data, we estimate the home's value is $507,962.
Single-familyProperty Type
2016Year Built
0.53 acresLot Size
$360Est. Price/Sq.Ft.
2 car garageParking
Source:Public Records
Redfin Estimate
$507,962
$18K since sold in December 2024$21K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 3.7% lower than the average sale price ($528K) of 6 comparable homes.
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Sell
$103,106
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$2,527/mo
Redfin rental estimate
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Market trends in 23457, VA
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
99.9%
1.9% MoM
Median sale price
$900K
$70K MoM
Avg. days on market
26d
9 days MoM
Recently sold homes
16
1 MoM
Provided by Redfin
Sale history for 1040 Princess Anne Rd
Date
Event
Price
Public Records
Dec 6, 2024
Sold
$490,000
$347/sq ft
REINMLS #10551127
Oct 8, 2024
Price Changed
$499,000
$353/sq ft
Sep 16, 2024
Listed
$515,000
$365/sq ft
Public Records
Oct 24, 2019
Sold
$345,000
$244/sq ft
REINMLS #10279794
Sep 3, 2019
Listed
$350,000
$248/sq ft
Public Records
Apr 11, 2016
Sold
$287,600
$204/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,273 (+12.1%)
$171,000 + $298,400
$469,400
2024
$3,812 (+12.9%)
$161,500 + $279,000
$440,500
2023
$3,378 (+20.7%)
$142,500 + $250,500
$393,000
2022
$2,799 (+11.2%)
$133,000 + $208,200
$341,200
2021
$2,518 (−20.6%)
$104,000 + $178,700
$282,700
2020
$3,173 (+5.2%)
$94,500 + $159,800
$254,300
2019
$3,017 (+16.4%)
$94,500 + $217,300
$311,800
2018
$2,592 (−1.3%)
$88,200 + $170,400
$258,600
2017
$2,628 (+16.5%)
$88,200 + $173,900
$262,100
2016
$2,255 (+214.9%)
$88,200 + $173,900
$262,100
2015
$716 (+6.4%)
$72,400 + $155,400
$227,800
2014
$673 (+595.8%)
$72,400
2013
$97 (−2.1%)
$72,400
2012
$99
$10,400
Tax history for 1040 Princess Anne Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,273 (+12.1%)
$171,000 + $298,400
$469,400
2024
$3,812 (+12.9%)
$161,500 + $279,000
$440,500
2023
$3,378 (+20.7%)
$142,500 + $250,500
$393,000
2022
$2,799 (+11.2%)
$133,000 + $208,200
$341,200
2021
$2,518 (−20.6%)
$104,000 + $178,700
$282,700
2020
$3,173 (+5.2%)
$94,500 + $159,800
$254,300
2019
$3,017 (+16.4%)
$94,500 + $217,300
$311,800
2018
$2,592 (−1.3%)
$88,200 + $170,400
$258,600
2017
$2,628 (+16.5%)
$88,200 + $173,900
$262,100
2016
$2,255 (+214.9%)
$88,200 + $173,900
$262,100
2015
$716 (+6.4%)
$72,400 + $155,400
$227,800
2014
$673 (+595.8%)
$72,400
2013
$97 (−2.1%)
$72,400
2012
$99
$10,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
AG2
Agricultural District
The purpose of the AG-2 Agricultural Districts is to protect and preserve agricultural lands for agricultural functions, including agritourism and the direct sale of agricultural and agricultural-related products to the public, and to protect and preserve agricultural lands and activities in the rural areas of the city in harmony with reasonable levels of rural residential development and in keeping with the special rural character, environmental protection needs and limited rural infrastructure available.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Livestock production
Winery & vineyard
Day care facility
Housing-Single unit
Housing-Senior
Agriculture-Grove / orchard
Park & open space
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Heat Pump
Fireplace Information
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Exterior Wall: Vinyl
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: PUNGO
Living Sq. Ft: 1,412
Building Sq. Ft: 1,918
# of Stories: 1
Legal Description: BACK BAY 105 FT FRONTAGE
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 506
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 23,289
Municipality Name: PRINCESS ANNE
Acres: 0.5346
Zoning Code: AG2
County Use Description: RESIDENCE
Financial
Assessor Information
Assessment Year: 2026
Tax District County: PRINCESS ANNE
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,412
Stories: 1.0
Lot Size: 0.53 acres
Style: Single Family Residential
Year Built: 2016
Year Renovated: —
County: Virginia Beach
APN: 24007524090000
Home facts updated by county records on Sep 16, 2026
Around this home
Schools
K - 12
Preschool & daycare
Creeds Elementary School
Public PreK-5 • Assigned • 0.9mi
10/10
Princess Anne Middle School
Public 6-8 • Assigned • 7.6mi
10/10
Floyd Kellam High School
Public 9-12 • Assigned • 6.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Virginia Beach, VA • 23457
Average low and high temperatures (°F)
47
30
51
34
66
46
73
54
77
60
86
69
88
74
81
68
78
65
69
54
64
46
53
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$483,000 – $585,000
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