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2420 Cape Arbor Drive

2420 Cape Arbor Drive, Virginia Beach, VA 23451
Sold Oct 03, 2016
$430,000
$155,000 by Townebank Mortgage
Mortgage
Sold May 10, 2010
$380,000
$373,117 by Suntrust Mortgage Inc
Mortgage
2420 Cape Arbor Drive 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 1997 and is 27 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2420 Cape Arbor Drive has 2,071 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 252 sqft. According to our sources, there is one available parking space. 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 hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. 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. The property was last sold in Sep 29, 2016 for $430,000. That's $207.63 per sqft. Prior to that sales transaction, the property was also sold in Apr 7, 2010 for $380,000. 2420 Cape Arbor Drive was last assessed in 2023. The total value of the property was assessed at $469,800. Specifically, the land the property is located on was valued at $200,000. While improvements on the property were assessed at a total of $269,800. 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 $4,651. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,071
  • Building Area: 2,071
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,071
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE ARBORS AT MARINA SHORES
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ARBORS AT CAPE HENRY CONDO PHASE LVII UNIT 2420

Ownership

  • Current Owner : REUST GERALD
  • Current Owner 2: REUST LINDA C
  • Previous Owner : SINCLAIR ROBERT L
  • Owner Before Previous Owner: PFEIFER MICHAEL E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 043006

Zoning

  • Zoning: 2

Geography

  • Parcel: 14993976502420
  • Municipality: LYNNHAVEN
  • Latitude: 36.9094
  • Longitude: -76.0687

    Address

  • Full Address: 2420 Cape Arbor Dr
  • Address - House Number: 2420
  • Address - Street Name: Cape Arbor
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C036
  • 4-Digit Zip Code: 1539
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,651
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 80
  • Final Value: 595,027
  • High Value: 689,238
  • Low Value: 500,816

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,000
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 03, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $155,000
  • 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: $469,800
  • Market Land Value: $200,000
  • Market Improvement Value: $269,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,800
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $269,800

    Sales

  • Current Sale Contract Date: Sep 29, 2016
  • Current Sale Recording Date: Oct 03, 2016
  • Current Sale Transaction ID: 1798530824
  • Current Sale Price: $430,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20161003000880670
  • Previous Sale Recording Date: May 10, 2010
  • Previous Sale Contract Date: Apr 07, 2010
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Oct 03, 2016
  • First Mortgage Loan Amount: $155,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: May 10, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $373,117
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 2420 Cape Arbor Drive located in?
The 2420 Cape Arbor Drive is a located in the neighborhood of Northeast Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 2420 Cape Arbor Drive?
The average sales price for units in 2420 Cape Arbor Drive is $0 currently.

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