See Home Value
Virginia Beach 23464
1028 Old Homestead Lane
$448,260*
House - Off Market

1028 Old Homestead Lane

Virginia Beach, VA 23464
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2700 Sqft
$392,000 - $478,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Apr 25, 2023
$435,000
$449,355 by Atlantic Bay Mortgage Group Ll
Mortgage Due May 01, 2053
Sold Sep 05, 2007
$367,500
$320,000 by National City Mtg Co
Mortgage

About This Property

Traditional brick ranch in desirable Kempsville area of Virginia Beach.  Spacious home with large landscaped yard.  Formal living room and dining room.  Dining room is open to updated kitchen with granite countertops.  All appliances convey. Two family rooms each with a fireplace.  Barn door in primary bedrooms opens to handicap accessible shower.  Enjoy relaxing on the covered front porch or the covered deck with bench seating. Oversized multi space driveway.  Workshop/storage area out back.  Generac generator.  Efficient tankless water heater. Freshly painted and ready for new owners.

The manager has listed the unit size as 2700 square feet.
Unit Size
2,700Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$161
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1966

Price History

Date / Event Date Event Price
Apr 25, 2023 Sold to Raoriuel L Cooke $435,000
Sold to Raoriuel L Cooke
Mar 30, 2023 No longer available -
No longer available
Mar 24, 2023 Listed $435,000
Listed
Traditional brick ranch in desirable Kempsville area of Virginia Beach. Spacious home with large landscaped yard. Formal living room and dining room. Dining room is open to updated kitchen with granite countertops. All appliances convey. Two family rooms each with a fireplace. Barn door in primary bedrooms opens to handicap accessible shower. Enjoy relaxing on the covered front porch or the covered deck with bench seating. Oversized multi space driveway. Workshop/storage area out back…
Mar 22, 2023 No longer available -
No longer available
Mar 5, 2023 Listed $435,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 368
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,407
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,463
  • Building Area: 2,463
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,463
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOMESTEAD
  • Land Acres: 0.262
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOMESTEAD SEC 1 LOT 12

Ownership

  • Current Owner : COMM THOMAS R
  • Current Owner 2: COOKE RAORIUEL L
  • Previous Owner : ZIMMERMAN SOLOMON
  • Owner Before Previous Owner: MATHIS CHRISTINA E
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046206

Zoning

  • Zoning: 12

Geography

  • Assessors Map Reference: PM C111
  • Parcel: 14660261410000
  • Lot: 12
  • Municipality: KEMPSVILLE
  • Latitude: 36.8085
  • Longitude: -76.1849

    Address

  • Full Address: 1028 Old Homestead Ln
  • Address - House Number: 1028
  • Address - Street Name: Old Homestead
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C085
  • 4-Digit Zip Code: 4016
  • Zip Code: 23464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,695
  • Tax Rate Code Area: D01

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 87
  • Final Value: 444,219
  • High Value: 497,180
  • Low Value: 391,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $449,355
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Apr 25, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $449,355
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $373,200
  • Market Land Value: $135,000
  • Market Improvement Value: $238,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,200
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $238,200

    Sales

  • Current Sale Contract Date: Apr 20, 2023
  • Current Sale Recording Date: Apr 25, 2023
  • Current Sale Transaction ID: 11905850205
  • Current Sale Price: $435,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 13862
  • Previous Sale Recording Date: Sep 05, 2007
  • Previous Sale Contract Date: Aug 27, 2007
  • Previous Sale Amount: $367,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Apr 25, 2023
  • First Mortgage Loan Amount: $449,355
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2053

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MTG CO
  • Previous Mortgage Transaction Date: Sep 05, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,770 ft²
$219/ft²
$388,500 Jan 11, 2023
-
$241/mo

About Virginia Beach


Similar Homes for Sale

Unit for sale at 1025 Old Homestead Lane, Virginia Beach, VA 23464

$388,500

  • 3 Beds
  • 2 Baths
  • 1,770 ft²
1025 Old Homestead Lane, Virginia Beach, VA 23464 Listing by Trent Roberts

Nearby Rentals

Unit for rent at 1704 Chilhowie Circle, Virginia Beach, VA, 23464

$2,800 /mo

  • 5 Beds
  • 3 Baths
  • 2,448 ft²
1704 Chilhowie Circle, Virginia Beach, VA, 23464 Listing by Riya Thorson


Frequently Asked Questions

When was property at 1028 Old Homestead Lane built and last sold?
The property at 1028 Old Homestead Lane was built in 1966 and last sold on Apr 20, 2023 for $435,000.
How much is this home worth?
The estimated value of the home located at 1028 Old Homestead Lane is $439,350.
What are some comparable homes to 1028 Old Homestead Lane?
Homes that are comparable to 1028 Old Homestead Lane include a house property at 1025 Old Homestead Lane, located in Virginia Beach, VA.

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