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2609 Cove Point Place

2609 Cove Point Place, Virginia Beach, VA 23454
Sold Jan 03, 2017
$167,000
$163,975 by Ovm Financial Inc
Mortgage
Sold Sep 13, 2016
$122,100
Local assessors in Virginia Beach, VA have categorized 2609 Cove Point Place as a residential type of property. The home was built in 1983 and is 41 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2609 Cove Point Place has a total of 1,538 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2609 Cove Point Place sold most recently in Dec 30, 2016 for a total of $167,000. If you work out the math, that's approximately a cost of $108.58 per sqft. Before that, the property was also sold for $122,100 in Jul 26, 2016. 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 $2,361 in taxes each year. 2609 Cove Point Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $238,500. If we break it down further, the land itself was valued at $88,000. Improvements to the property, however, were assessed at a total of $150,500. 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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,538
  • Building Area: 1,538
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,538
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERONS COVE
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LYNN HGTS RIVER COVE POINT CONDOMINIUM PHASE 2BDG 15 UNIT 3

Ownership

  • Current Owner : MARTIN ERIK GEOFFREY
  • Current Owner 2: MARTIN TRACY ANN HOLLENBACH
  • Previous Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Owner Before Previous Owner: COMMONWEALTH ASSET SERVICES LLC SOLE ACT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044808

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: PM I071
  • Parcel: 14976873312615
  • Municipality: BEACH
  • Latitude: 36.8514
  • Longitude: -76.06

    Address

  • Full Address: 2609 Cove Point Pl
  • Address - House Number: 2609
  • Address - Street Name: Cove Point
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C047
  • 4-Digit Zip Code: 3275
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,361
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 83
  • Final Value: 288,837
  • High Value: 329,735
  • Low Value: 247,940

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,975
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jan 03, 2017
  • First Open Lien Mortgage Loan Amount: $163,975
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $238,500
  • Market Land Value: $88,000
  • Market Improvement Value: $150,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,500
  • Assessed Land Value: $88,000
  • Assessed Improvements Value: $150,500

    Sales

  • Current Sale Contract Date: Dec 30, 2016
  • Current Sale Recording Date: Jan 03, 2017
  • Current Sale Transaction ID: 1923747781
  • Current Sale Price: $167,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20170103000005360
  • Previous Sale Recording Date: Sep 13, 2016
  • Previous Sale Contract Date: Jul 26, 2016
  • Previous Sale Amount: $122,100
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Jan 03, 2017
  • First Mortgage Loan Amount: $163,975
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 2609 Cove Point Place located in?
The 2609 Cove Point Place 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 2609 Cove Point Place?
The average sales price for units in 2609 Cove Point Place is $0 currently.

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