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2221 Vadito Way

2221 Vadito Way, Virginia Beach, VA 23456
Property in Virginia Beach
Sold Dec 18, 2003
$549,000
$494,100 by American Mortgage
Mortgage
Sold Jan 10, 2003
$145,000
2221 Vadito Way has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 10 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2221 Vadito Way has 4,448 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 17,869 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 758 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 2221 Vadito Way sold most recently in Jan 1, 1970 for a total of $549,000. If you work out the math, that's approximately a cost of $123.43 per sqft. Before that, the property was also sold for $145,000 in Dec 5, 2002. 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 $8,614 in taxes each year. 2221 Vadito Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $870,100. If we break it down further, the land itself was valued at $300,000. Improvements to the property, however, were assessed at a total of $570,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2003
  • Effective Year Built: 2003
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 758
  • Parking Space Count: 3
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,869
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,448
  • Building Area: 4,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,448
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAGOMAR
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAGO MAR SECTION 7 PHASE TWO PART A LOT 136

Ownership

  • Current Owner : BROOKS RONALD
  • Previous Owner : C M WHITE ENTERPRISES
  • Owner Before Previous Owner: LAGO MAR ASSOCS LLC
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045426

Zoning

  • Zoning: 13

Geography

  • Parcel: 24241547320000
  • Lot: 136
  • Municipality: PRINCESS ANNE
  • Latitude: 36.7591
  • Longitude: -75.9788

    Address

  • Full Address: 2221 Vadito Way
  • Address - House Number: 2221
  • Address - Street Name: Vadito
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: R022
  • 4-Digit Zip Code: 6757
  • Zip Code: 23456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,614
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1236
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 86
  • Final Value: 995,257
  • High Value: 1,118,331
  • Low Value: 872,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $494,100
  • First Open Lien Mortgage Lender: AMERICAN MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 18, 2003
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $494,100
  • 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: $870,100
  • Market Land Value: $300,000
  • Market Improvement Value: $570,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $870,100
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $570,100

    Sales

  • Current Sale Recording Date: Dec 18, 2003
  • Current Sale Transaction ID: 1017802616
  • Current Sale Price: $549,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20031218211116
  • Previous Sale Recording Date: Jan 10, 2003
  • Previous Sale Contract Date: Dec 05, 2002
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE
  • First Mortgage Transaction Date: Dec 18, 2003
  • First Mortgage Loan Amount: $494,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Virginia Beach



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Frequently Asked Questions

What neighborhood is 2221 Vadito Way located in?
The 2221 Vadito Way is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 2221 Vadito Way?
The average sales price for units in 2221 Vadito Way is $0 currently.

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