1848 Rein Ln in Virginia Beach sells for $1.18 million

At $1,175,000, the home sold for 20% above its recorded market value. The single-family home at 1848 Rein Ln in Virginia Beach sold on August 31, 2026, according to the Virginia Beach Real Estate Assessor's sales records.

The last sale on record was $715,000 in 2019. The current price is 64% above that, according to the assessor's records.

An aerial photo shows the home has a pool, with other houses around it.

City of Virginia Beach Office of the Real Estate Assessor's records list a build year of 2007, a 14,626-square-foot lot and a market value of $978,200. Listing data shows 5 bedrooms and 4 bathrooms. The record lists Etheridge Family Revocable Trust as the buyer.

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 $1,175 for the grantor's tax and $705 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 $1,112,074. 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 $264,754 at closing. That covers the down payment and closing costs.

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