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1196 Belmeade Drive

1196 Belmeade Drive, Virginia Beach, VA 23455
Sold Dec 04, 2017
$333,000
$249,750 by Prosperity Home Mortgage Llc
Mortgage
Sold Oct 05, 2007
$393,565
$314,850 by Suntrust Mortgage Inc
Mortgage
1196 Belmeade Drive in Virginia Beach, VA was first built in 2007 and is 17 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1196 Belmeade Drive has 2,566 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 472 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1196 Belmeade Drive sold most recently in Nov 30, 2017 for a total of $333,000. If you work out the math, that's approximately a cost of $129.77 per sqft. Before that, the property was also sold for $393,565 in Oct 4, 2007. 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 $4,358 in taxes each year. 1196 Belmeade Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $440,200. If we break it down further, the land itself was valued at $146,000. Improvements to the property, however, were assessed at a total of $294,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 472
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,566
  • Building Area: 2,566
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,566
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMEADE AT RIDGELY MANOR
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: BELMEADE AT RIDGELY MANOR A CONDO PHASE 20 UNIT 700

Ownership

  • Current Owner : MORSI AHMED A
  • Current Owner 2: MOUSTAFA NAGIA
  • Previous Owner : BURGIO ANTHONY P
  • Owner Before Previous Owner: BELLMEADE ASSOCIATES L C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 040404

Zoning

  • Zoning: 11

Geography

  • Parcel: 14688673650700
  • Municipality: BAYSIDE
  • Latitude: 36.8765
  • Longitude: -76.1541

    Address

  • Full Address: 1196 Belmeade Dr
  • Address - House Number: 1196
  • Address - Street Name: Belmeade
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C036
  • 4-Digit Zip Code: 6879
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,358
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 508,848
  • High Value: 574,140
  • Low Value: 443,556

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $249,750
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 04, 2017
  • First Open Lien Mortgage Loan Amount: $249,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $440,200
  • Market Land Value: $146,000
  • Market Improvement Value: $294,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,200
  • Assessed Land Value: $146,000
  • Assessed Improvements Value: $294,200

    Sales

  • Current Sale Contract Date: Nov 30, 2017
  • Current Sale Recording Date: Dec 04, 2017
  • Current Sale Transaction ID: 11331512106
  • Current Sale Price: $333,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20171204001035230
  • Previous Sale Recording Date: Oct 05, 2007
  • Previous Sale Contract Date: Oct 04, 2007
  • Previous Sale Amount: $393,565
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 04, 2017
  • First Mortgage Loan Amount: $249,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 05, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $314,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Northwest Virginia Beach



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Frequently Asked Questions

What neighborhood is 1196 Belmeade Drive located in?
The 1196 Belmeade 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 1196 Belmeade Drive?
The average sales price for units in 1196 Belmeade Drive is $0 currently.

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