1512 Franklin Dr, Virginia Beach, VA, 23454

Location

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Property Highlights

Home TypeSingle Family Residence

ParkingGarage Att 2 Car, Oversized Gar, Driveway Spc

Attached GarageYes

Year Built1964

HeatingHeat Pump

CoolingCentral Air

WaterfrontLake Front

FireplaceWood Burning Fireplace

MLS #10532305

Lot Size1.03 Acres

StatusSale Pending
(Under Contract)

About 1512 Franklin Dr

Seller offering Special Warranty Deed. Charming brick ranch nestled on over an acre of land, offering serene water views. This 3-bedroom, 2-bathroom home boasts potential and awaits your personal touch. Embrace the possibility to create your dream waterfront retreat in the heart of Virginia Beach. FROG is accessed through staircase in garage. Seller is: Chris Theodosiou Declaration of Trust.

Property Details

Property Features

Property Information:

Architectural Style: Ranch, Traditional
Year Built: 1964
Stories: 1
Living Area: 2,941 SqFt

Listing Office:

Office Name: Own Real Estate LLC
Listing Agent: Erin O'Brien

Interior Features

Interior Information:

Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
Basement: No
Flooring Type: Carpet, Vinyl
Interior: Fireplace Wood, Perm Attic Stairs, Scuttle Access, Skylights, Walk-In Attic
Fireplace: Wood Burning Fireplace

Bedroom and Bathroom Information:

Full Bathrooms: 2
Total Bedroom Count: 3

Exterior Features

Exterior Information:

Private Pool: No
Waterfront: Lake Front

Parking Information:

Attached Garage: Yes
Parking: Garage Att 2 Car, Oversized Gar, Driveway Spc

Lot Features

Lot Information:

Lot Size: 1.03 Acres

Utilities

Utilities Information:

Heating: Heat Pump
Cooling: Central Air

School Info

Assigned Schools Information:

First Colonial High School, Public Magnet Grades 9-12
Lynnhaven Middle School, Public District Grades 6-8
Alanton Elementary School, Public District Grades PK-5

Other

Directions Information:

Directions: Woodhouse to Stephens to Cooper to Franklin

Price Information

Listing Price Info

Price Summary:

List Price: Price Not Disclosed
Price Per SqFt: $224/SqFt

Tax Information:

Annual Amount: $5,500
Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Virginia Beach, VA.

Virginia Beach, VA

City

Med. Sold Price

$163K

Med. Price/SqFt

$199

Avg. Days On Market

# of Sold Homes

447

1512 Franklin Dr vs Virginia Beach

11 DAYS ON ROCKET

-11 Days

Price Not Disclosed

$224/SqFt

+$24 More

KEY TAKEAWAY

This property is $24/SqFt more than other homes in Virginia Beach, VA.

Based on homes sold in April 2024

MLS Details

MLS Information:

MLS Number: #10532305

Listing Office:

Office Name: Own Real Estate LLC
Listing Agent: Erin O'Brien

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$5,500	$555,600
2020	-	$535,600
2019	$5,187	$517,500
2018	-	$517,500
2017	-	$517,500

History based on county public records data.

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

/10

Alanton Elementary School
1441 Stephens Rd
Distance between this listing and this school0.36 miles
Public District Grades PK-5

Middle School

/10

Lynnhaven Middle School
1250 Bayne Dr
Distance between this listing and this school1.37 miles
Public District Grades 6-8

High School

/10

First Colonial High School
1272 Mill Dam Rd
Distance between this listing and this school0.84 miles
Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

<35k

21%

35k-100k

54%

100k-200k

18%

200k+

What level of education do the neighbors have?

Post Secondary: 67%
High School: 19%
Masters: 9%
Doctorate: 4%
No High School: 1%

What types of families live nearby?

19%

Single, No Kids

Single, with Kids

43%

Married, No Kids

34%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 94%
Renters: 6%

How old are people in this area?

13%

<11 yrs old

11%

12-17 yrs old

18-34 yrs old

46%

35-64 yrs old

22%

65+ yrs old

What do the neighbors do for fun?

Skiing/snowboarding
Men's Tennis
Soccer

Where do the neighbors shop?

Nordstrom
Bloomingdales
The Container Store

Where do the neighbors go to eat?

California Pizza Kitchen
Bonefish Grill
Starbucks

What do the neighbors drive?

BMW
Lexus
Acura

What do the neighbors listen to?

Talk/Personality
News
Alternative

The neighbors living near this home have an average income of $133,250. Residents of Virginia Beach, VA typically earn between $100k-200k each year. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1512 Franklin Dr

What type of property is this?

The property 1512 Franklin Dr is a house located in Virginia Beach, Virginia, 23454.

Is this property for sale now?

Sale Pending: 1512 Franklin Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1512 Franklin Dr are:
Alanton Elementary School: GreatSchools Rating 7/10
Lynnhaven Middle School: GreatSchools Rating 5/10
First Colonial High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,500 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1512 Franklin Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1512 Franklin Dr is 2,941 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1512 Franklin Dr is 1964.

Rocket Homes›Virginia›Virginia Beach›23454›1512 Franklin Dr

This home is located at 1512 Franklin Dr in Virginia Beach, VA and zip code 23454 in the Alanton neighborhood. This 2,941 square foot home, which was built in 1964, sits on a 1.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 12, 2024.

Virginia Beach, VA housing market in April 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. Between March 2024 and April 2024, Virginia Beach, VA real estate market has seen increase in the number of listings by 14.3%. The median list price of listings available in April 2024 was $163,000, while the average time on the real estate market was 22 days.

From Rocket Homes Real Estate and based on county public records data.