Hampton Roads · Home sale
121 55th St Unit A in Virginia Beach sells for $1.28 million
A duplex at 121 55th St Unit A, Virginia Beach sold for $1,280,000 on September 15, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,280,000
- Sold
- September 15, 2026
- Property type
- Duplex
- Year built
- 1940
The duplex at 121 55th St Unit A sold for $1,280,000. That was 39% above its recorded market value of $919,800, according to the City of Virginia Beach Office of the Real Estate Assessor's records.
The Virginia Beach Real Estate Assessor's sales records show the sale closed on September 15, 2026.
The record lists Paul C Seifert Trust as the buyer.
An aerial photo shows other houses around the property. Listing data shows 2 bedrooms and 2 bathrooms. The assessor's records show a build year of 1940.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Virginia Beach?
By our estimate, the seller's two largest charges, not counting commission and prorations, were $1,280 for the grantor's tax and $768 for the regional transportation improvement fee (Hampton Roads grantor's tax). Who pays what follows Virginia Beach custom.
How much did the seller net?
By our estimate, the seller netted about $1,211,022. That assumes a 5% commission. It is before any mortgage payoff.
How much cash did the buyer bring to closing?
A buyer putting 20% down would need about $289,903 at closing. That covers the down payment and closing costs.
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Source: City of Virginia Beach Real Estate Assessor, property sales (Virginia Beach Open Data), document 202603045501. Property details: City of Virginia Beach Office of the Real Estate Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
