2321 Raleigh Ave in Virginia Beach sells for $1.25 million

A single-family home at 2321 Raleigh Ave in Virginia Beach sold for $1,250,000 on September 8, 2026, according to the Virginia Beach Real Estate Assessor's sales records. That price was 84% above the last sale on record: $678,000 in 2014.

An aerial photo shows other houses around the property.

City of Virginia Beach Office of the Real Estate Assessor's records list a build year of 2006 and a 5,975-square-foot lot. The market value on record is $800,900. The sale price was 56% above that value.

The record lists Brian Owen Hogbin and Catherine Michelle Hogbin as the buyer. Listing data shows 4 bedrooms and 4 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 $1,250 for the grantor's tax and $750 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 $1,182,842. 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 $285,059 at closing. That covers the down payment and closing costs.

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