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2405 Mediterranean Avenue

2405 Mediterranean Avenue, Virginia Beach, VA 23451
2405 Mediterranean Avenue 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 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2405 Mediterranean Avenue has 2,624 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. 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 gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. 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. The property was last sold in Mar 14, 2022 for $630,000. That's $240.09 per sqft. Prior to that sales transaction, the property was also sold in Jul 13, 2017 for $455,000. 2405 Mediterranean Avenue was last assessed in 2023. The total value of the property was assessed at $568,400. Specifically, the land the property is located on was valued at $217,000. While improvements on the property were assessed at a total of $351,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,627. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220210
02/10/2022
3 Bed
4 Bath
2624 ft²
$597,400
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2624 ft²
-
-
-
Lea Marie Ngowakl
Atlantic Sotheby's International Realty

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,624
  • Building Area: 2,624
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,624
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESORT AREA
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 2405 AND 2407 MEDITERRANEAN AVE A CONDO UNIT 2405

Ownership

  • Current Owner : KORMANIK HEATHER A
  • Current Owner 2: TUCKER JANINE R
  • Previous Owner : DICKS LEOLA M
  • Owner Before Previous Owner: HORN BENJAMIN JACK
  • Owner Before Previous Owner 2: HORN CAITLIN MCCLEARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044004

Zoning

  • Zoning: 1

Geography

  • Parcel: 24179932862405
  • Municipality: BEACH
  • Latitude: 36.8514
  • Longitude: -75.9828

    Address

  • Full Address: 2405 Mediterranean Ave
  • Address - House Number: 2405
  • Address - Street Name: Mediterranean
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C042
  • 4-Digit Zip Code: 4030
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,627
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.1323
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 680,127
  • High Value: 770,146
  • Low Value: 590,108

    Market Valuation

  • Market Total Value: $568,400
  • Market Land Value: $217,000
  • Market Improvement Value: $351,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $568,400
  • Assessed Land Value: $217,000
  • Assessed Improvements Value: $351,400

    Sales

  • Current Sale Contract Date: Mar 14, 2022
  • Current Sale Recording Date: Mar 16, 2022
  • Current Sale Transaction ID: 11882512933
  • Current Sale Price: $630,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 16103
  • Previous Sale Recording Date: Jul 18, 2017
  • Previous Sale Contract Date: Jul 13, 2017
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TOWNEBANK MORTGAGE
  • Previous Mortgage Transaction Date: Jul 18, 2017
  • Previous Mortgage Loan Amount: $255,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Northeast Virginia Beach



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Frequently Asked Questions

What neighborhood is 2405 Mediterranean Avenue located in?
The 2405 Mediterranean Avenue 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 2405 Mediterranean Avenue?
The average sales price for units in 2405 Mediterranean Avenue is $0 currently.

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