For sale

$195,000

516 Rivers Reach, Virginia Beach, VA 23452

2beds

969sqft

Est.:

Condominium

Built in 1985

-- sqft lot

$195,900 Zestimate^®

$201/sqft

$335/mo HOA

What's special

Fresh paint throughoutGranite countertopsAssigned parking spaceAll faucetsLvp flooringNew cabinets

Like New! No expense was spared in renovating this Lyme Regis condo; improvements include new cabinets, granite countertops, vanities, toilets, all faucets, all lighting/ ceiling fans, dishwasher, LVP flooring, carpet, doors, knobs, vent covers, outlets and wall plates and of course fresh paint throughout. Condo due covers insurance, sewer, trash & pool. 1 assigned parking space & several visitor spots located right out front of unit. The pool is very close, just across the parking lot. Ideal for those looking for a low maintenance living situation with the equity benefits of ownership vs renting. Location provides easy access to I-264, 2 miles to Lynnhaven Mall and 5 miles to the oceanfront.

10 hours

173

8

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: 1st Floor Primary BR, Sun Room, Utility Closet

Primary bedroom

Level: First

Bedroom

Level: First

Full bathroom

Level: First

Great room

Level: First

Living room

Level: First

Heating

Heat Pump, Wood

Cooling

Heat Pump

Appliances

Included: Dishwasher, Electric Range, Refrigerator, Electric Water Heater
Laundry: Dryer Hookup, Washer Hookup

Features

Bar, Walk-In Closet(s), Ceiling Fan(s)
Flooring: Carpet, Vinyl
Windows: Window Treatments
Number of fireplaces: 1
Fireplace features: Wood Burning
Common walls with other units/homes: Corner Unit

Interior area

Total interior livable area: 969 sqft

Property

Parking

Total spaces: 2
Parking features: 2 Space

Accessibility

Accessibility features: Level Flooring, Main Floor Laundry

Features

Levels: One
Stories: 1
Pool features: None, Association
Fencing: None
Has view: Yes
View description: City
Waterfront features: Not Waterfront

Lot

Features: Corner

Details

Parcel number: 14962944680990
Zoning: A18

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Slab
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1985

Utilities & green energy

Sewer: City/County
Water: City/County
Utilities for property: Cable Hookup

Community & HOA

Community

Subdivision: All Others Area 41

HOA

Has HOA: Yes
Amenities included: Cable TV, Landscaping, Pool, Trash
HOA fee: $335 monthly

Location

Region: Virginia Beach

Financial & listing details

Price per square foot: $201/sqft
Tax assessed value: $151,200
Annual tax amount: $1,581
Date on market: 5/11/2026

Estimated market value

$195,900

$186,000 - $206,000

$1,722/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2024	$1,497 +12.2%	$151,200 +12.2%
2023	$1,334 +15.3%	$134,700 +15.3%
2022	$1,156 +24.7%	$116,800 +24.7%
2021	$928 -0.9%	$93,700 +10.9%
2020	$936 +24.6%	$84,500 +12.8%
2019	$751	$74,900
2018	$751 0%	$74,900
2017	$751 -0.3%	$74,900 -1.6%
2016	$753	$76,100
2015	$753	$76,100 +21.8%
2014	$753	$62,500 -11.3%
2013	--	$70,500 -35.6%
2012	--	$109,500
2011	--	$109,500 -14.8%
2010	--	$128,500 -5.3%
2007	--	$135,754 +44.5%
2006	--	$93,971 +30%
2005	--	$72,281 +30%
2004	--	$55,622 +3.7%
2003	--	$53,622 +3.7%
2002	--	$51,684 +4%
2001	--	$49,684