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222 50th Street

222 50th Street, Virginia Beach, VA 23451
Sold Aug 02, 2022
$950,000
$760,000 by Blue Ridge Bank Na
Mortgage
Sold Sep 07, 1999
$395,000
$250,000 by State Employees C U Of Nc
Mortgage
222 50th Street in Virginia Beach, VA was first built in 1965 and is 59 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 222 50th Street has 2,652 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. In total, the area measurement of the land is 11,919 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 440 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 plaster. 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, 222 50th Street sold most recently in Jul 29, 2022 for a total of $950,000. If you work out the math, that's approximately a cost of $358.22 per sqft. Before that, the property was also sold for $395,000 in Aug 30, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,548 in taxes each year. 222 50th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,065,500. If we break it down further, the land itself was valued at $862,000. Improvements to the property, however, were assessed at a total of $203,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,919
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,652
  • Building Area: 2,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,652
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH END
  • Land Acres: 0.274
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH HOLLIES LOT 10 BLK D

Ownership

  • Current Owner : CESJB HOLDINGS LLC
  • Previous Owner : ALAN CRAIG TERRY
  • Owner Before Previous Owner: HURLEY LANE CHRISTMAN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 043600

Zoning

  • Zoning: 19

Geography

  • Assessors Map Reference: PM L052
  • Parcel: 24187884270000
  • Block: D
  • Lot: 10
  • Municipality: LYNNHAVEN
  • Latitude: 36.8768
  • Longitude: -75.9873

    Address

  • Full Address: 222 50th St
  • Address - House Number: 222
  • Address - Street Name: 50th
  • Address - Suffix Type: St
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C004
  • 4-Digit Zip Code: 2421
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,548
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.1244
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 86
  • Final Value: 1,183,630
  • High Value: 1,330,901
  • Low Value: 1,036,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $760,000
  • First Open Lien Mortgage Lender: BLUE RIDGE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 06, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $760,000
  • 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: $1,065,500
  • Market Land Value: $862,000
  • Market Improvement Value: $203,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,065,500
  • Assessed Land Value: $862,000
  • Assessed Improvements Value: $203,500

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11893928498
  • Current Sale Price: $950,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 42315
  • Previous Sale Recording Date: Sep 07, 1999
  • Previous Sale Contract Date: Aug 30, 1999
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLUE RIDGE BANK NA
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $760,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES C U OF NC
  • Previous Mortgage Transaction Date: Sep 07, 1999
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360

About Northeast Virginia Beach



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Frequently Asked Questions

What neighborhood is 222 50th Street located in?
The 222 50th Street is a located in the neighborhood of Downtown Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 222 50th Street?
The average sales price for units in 222 50th Street is $0 currently.

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