1940 Gum Bridge Rd is a 1,189 square foot house on a 0.8 acre lot with 3 bedrooms and 1 bathroom. - it last sold on June 27, 2003 for $184,500. Based on Redfin's Virginia Beach data, we estimate the home's value is $459,904.
Single-familyProperty Type
1945Year Built
0.8 acresLot Size
$387Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$459,904
$275K since sold in June 2003$3,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.4% lower than the average sale price ($531K) of 6 comparable homes.
Claim this home to receive a free report every month with insights on the changing estimate.
Earn from this home
Sell
$386,499
Est. take-home
List your home with Redfin and save $4,599
Refinance
$0
Est. cash available
Get cash now or lower your monthly rate
Rent
$2,018/mo
Redfin rental estimate
List your home for rent
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 1940 Gum Bridge Rd
Date
Event
Price
Public Records
Jun 27, 2003
Sold
$184,500
$155/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,076 (+8.2%)
$253,500 + $191,200
$444,700
2024
$3,766 (+2.3%)
$239,500 + $180,700
$420,200
2023
$3,681 (+9.1%)
$210,000 + $178,200
$388,200
2022
$3,374 (+4.4%)
$201,000 + $170,800
$371,800
2021
$3,231 (−1.7%)
$170,000 + $170,800
$340,800
2020
$3,287
$154,500 + $171,900
$326,400
2019
$3,287 (+13.0%)
$154,500 + $168,500
$323,000
2018
$2,909
$148,200 + $142,000
$290,200
2017
$2,909 (+10.3%)
$148,200 + $142,000
$290,200
2016
$2,638 (+5.0%)
$148,200 + $142,000
$290,200
2015
$2,512 (+15.0%)
$131,400 + $135,100
$266,500
2014
$2,184
$131,400 + $103,500
$234,900
2013
$2,185 (−2.4%)
$131,400 + $103,500
$234,900
2012
$2,238
$131,400 + $103,500
$234,900
Tax history for 1940 Gum Bridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,076 (+8.2%)
$253,500 + $191,200
$444,700
2024
$3,766 (+2.3%)
$239,500 + $180,700
$420,200
2023
$3,681 (+9.1%)
$210,000 + $178,200
$388,200
2022
$3,374 (+4.4%)
$201,000 + $170,800
$371,800
2021
$3,231 (−1.7%)
$170,000 + $170,800
$340,800
2020
$3,287
$154,500 + $171,900
$326,400
2019
$3,287 (+13.0%)
$154,500 + $168,500
$323,000
2018
$2,909
$148,200 + $142,000
$290,200
2017
$2,909 (+10.3%)
$148,200 + $142,000
$290,200
2016
$2,638 (+5.0%)
$148,200 + $142,000
$290,200
2015
$2,512 (+15.0%)
$131,400 + $135,100
$266,500
2014
$2,184
$131,400 + $103,500
$234,900
2013
$2,185 (−2.4%)
$131,400 + $103,500
$234,900
2012
$2,238
$131,400 + $103,500
$234,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
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
Oct 7, 2011 • Final
Building addition and or alteration residential
Repair the foundation of the building.
Remodel
Oct 7, 2011 • Final
Building addition and or alteration residential
Work on a deck.
Addition
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.
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Heat Pump
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Dirt/Earth
Construction Type: Wood
Exterior Wall: Vinyl
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: PUNGO
Living Sq. Ft: 1,189
Building Sq. Ft: 1,189
# of Stories: 1
Legal Description: J T TATEM EST LOT H-1 0.805 ACS
Lot Information
# of Buildings: 2
Land Sq. Ft: 35,042
Legal Lot Number: H-1
Municipality Name: PRINCESS ANNE
Acres: 0.8045
Zoning Code: AG2
County Use Description: RESIDENCE
Financial
Assessor Information
Assessment Year: 2026
Tax District County: PRINCESS ANNE
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,189
Stories: 1.0
Lot Size: 0.8 acres
Style: Single Family Residential
Year Built: 1945
Year Renovated: 1970
County: Virginia Beach
APN: 24111692280000
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 • 3.2mi
10/10
Princess Anne Middle School
Public 6-8 • Assigned • 5.9mi
10/10
Floyd Kellam High School
Public 9-12 • Assigned • 5.2mi
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
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 103° expected this year, 17 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 2 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 9.3 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.3 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$437,000 – $529,000
Reach more buyers when you sell with Redfin. Save up to $4,599 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.