740 Cason LN Virginia Beach, VA $ 129,900
740 Cason LN
$ 129,900
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740 Cason LN

Virginia Beach, VA, 23462
$ 129,900
Bedrooms1 Baths0.0

Monthly Estimate*

$ 897

740 Cason LN, Virginia Beach, VA 23462 - Image 1

Single Family Home for sale in Virginia Beach, VA

for $129,900 with 1 bedroom. This home was built in 1960 on a lot size of 0.95.

INVESTOR/BUILDER DEVELOPMENT OPPORTUNITY! List price of $129,000 represents the base land value and is NOT the total purchase price. Seller is offering a portion of the existing parcel at 740 Cason Ln, which must be subdivided from the Seller’s residence. The existing home is NOT included in the sale. Total purchase price is $339,900, based on a proposed subdivision designed to potentially create 3 residential building lots from the land being conveyed. Approximately 225' of total road frontage currently exists; proposed subdivision will retain approximately 55' with the Seller’s residence. Land will require clearing. New construction in the area has an average ARV of approximately $452,500. Buyer responsible for verifying subdivision feasibility, zoning, utilities, frontage requirements and all City of Virginia Beach approvals. CASH/Experienced developers preferred. Drive by only—DO NOT DISTURB SELLER.

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Single Family Contingent

Price

$ 129,900

Bedrooms

1

Property Type

Single Family

Taxes

$ 2,400

Style

Lot Size

0.95

Year Built

1960

Town/City

Virginia Beach

County/Region

Virginia Beach City

MLS | Web ID

10646010

Features
Exterior
Lot Depth 190
Waterfront 0
Lot Front 225
Siding Other
Fence? 0
Foundation Other
Pool No Pool
Garage Y/N 0
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Interior
Other Rooms None
Fireplaces 0
Equipment None
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General
Heating None
Water Type Call
Cooling None
Ownership Type Simple
Waterfront Description Not Waterfront
Roof Other
Appliances None
Unit Description 2 Living Lvl
Parking None
Zoning R75
Style Other
Miscellaneous Fixer Upper
Property Type Residential
Area 41 - Northwest Virginia Beach
Subdivision Name LYNBROOK LANDING
HOA Y/N 0
Sub Type Detached
New Construction Y/N 0
Elementary School Diamond Springs Elementary School
High School Bayside
Middle School Bayside Middle
Fees HOA/POA Monthly 0
Fees Condo Monthly 0
Non Non Contingent
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* Excluded Features
List By
Lavette Bell

Listing Agent

Onyx Realty Professionals Llc

Broker

Affordability Calculator

$1,097
Per Month
82%
18%
0%
Monthly Principal & Interest
$897
Monthly Property Taxes
$200
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
239209 Elementary School
239054 Middle School
Bayside High School High School

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740 Cason LN, Virginia Beach, VA, 23462 is a Single Family Home for sale at $129,900 with a lot size of 0.95. 740 Cason LN has 1 bedrooms, 0.0 baths, and was built in 1960. The property's zip code is 23462 which is in Virginia Beach, VA