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1149 Kings Way Drive

1149 Kings Way Drive, Virginia Beach, VA 23455
Sold Jun 03, 2016
Transfer
$217,087 by Quicken Loans Llc
Mortgage Due Nov 01, 2035
Sold Mar 19, 1999
$228,000
$205,200 by Shelter Mortgage
Mortgage
Local assessors in Virginia Beach, VA have categorized 1149 Kings Way Drive as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 18,147 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 7 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1149 Kings Way Drive has a total of 2,507 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 642 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $228,000 in Mar 17, 1999. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,220 in taxes each year. 1149 Kings Way Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $426,300. If we break it down further, the land itself was valued at $200,100. Improvements to the property, however, were assessed at a total of $226,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 642
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 18,147
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,507
  • Building Area: 2,507
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,507
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WISHART COVE
  • Land Acres: 0.417
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WISHART COVE SEC 2 PT 2 LOT 27

Ownership

  • Current Owner : THE YOUNG REVOCABLE LIVING TRUST
  • Previous Owner : YOUNG KIRK DANIEL
  • Previous Owner 2: YOUNG KATHERINE PAIGE
  • Owner Before Previous Owner: PELLINO IRIS L
  • Ownership Rights Codes: Revocable Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 041400

Zoning

  • Zoning: 13

Geography

  • Assessors Map Reference: PM E052
  • Parcel: 14786824700000
  • Lot: 27
  • Municipality: BAYSIDE
  • Latitude: 36.8795
  • Longitude: -76.1293

    Address

  • Full Address: 1149 Kings Way Dr
  • Address - House Number: 1149
  • Address - Street Name: Kings Way
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C042
  • 4-Digit Zip Code: 5535
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,220
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.1248
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 86
  • Final Value: 540,656
  • High Value: 608,131
  • Low Value: 473,182

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,087
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jan 28, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $217,087
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $426,300
  • Market Land Value: $200,100
  • Market Improvement Value: $226,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,300
  • Assessed Land Value: $200,100
  • Assessed Improvements Value: $226,200

    Sales

  • Current Sale Contract Date: May 02, 2016
  • Current Sale Recording Date: Jun 03, 2016
  • Current Sale Transaction ID: 1571363008
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20160603000471240
  • Previous Sale Recording Date: Mar 19, 1999
  • Previous Sale Contract Date: Mar 17, 1999
  • Previous Sale Amount: $228,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: SHELTER MORTGAGE
  • Previous Mortgage Transaction Date: Mar 19, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $205,200
  • Previous Mortgage Term: 360

About Northwest Virginia Beach



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Frequently Asked Questions

What neighborhood is 1149 Kings Way Drive located in?
The 1149 Kings Way Drive is a located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1149 Kings Way Drive?
The average sales price for units in 1149 Kings Way Drive is $0 currently.

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