Hampton Roads · Home sale
216 55th St in Virginia Beach sells for $1.07 million
A single-family home at 216 55th St, Virginia Beach sold for $1,075,000 on September 1, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,075,000
- Sold
- September 1, 2026
- Property type
- Single-family home
- Lot size
- 6,375 sq ft
- Year built
- 1940
The home at 216 55th St sold for $1,075,000 on September 1, 2026, according to the Virginia Beach Real Estate Assessor's sales records. The price was 43.4 times its last recorded sale: $24,750 in 1964.
An aerial photo shows other houses around the property.
The record lists Bass Family Revocable Trust as the buyer.
The City of Virginia Beach Office of the Real Estate Assessor's records show a build year of 1940, a 6,375-square-foot lot and a market value of $1,107,700. Listing data shows 3 bedrooms and 3 bathrooms.
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 $1,075 for the grantor's tax and $645 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 $1,017,360. 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 $246,991 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 202603042948. 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.
