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.
Sold
$195,000
516 Rivers Reach, Virginia Beach, VA 23452
2beds
969sqft
Condominium
Built in 1985
-- sqft lot
$196,200 Zestimate®
$201/sqft
$1,662 Estimated rent
Home value
$196,200
$186,000 - $206,000
$1,662/mo
Zestimate® history
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List your homeWhat's special
Fresh paint throughoutGranite countertopsAssigned parking spaceAll faucetsLvp flooringNew cabinets
Zillow last checked:
Listing updated:
Listed by:
Jonathan Minerick,
homecoin.com 888-400-2513
Bought with:
Lori Montross
EXIT Realty Central
Source: REIN Inc.,MLS#: 10633267
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: $163,000
- Annual tax amount: $1,581
- Date on market: 5/11/2026
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,581 +5.6% | $163,000 +7.8% |
| 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 |
Find assessor info on the county website
Neighborhood: Princess Anne Plaza
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Nearby schools
GreatSchools rating
- 6/10Lynnhaven Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 8/10Plaza Middle SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Green Run High SchoolGrades: PK,9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Lynnhaven Elementary
- Middle: Plaza Middle
- High: Green Run
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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