Check Availability

318 Elderwood Court

318 Elderwood Court, Virginia Beach, VA 23462
Property in Virginia Beach
Sold Apr 24, 2020
$210,000
$183,150 by Mortgage Research Center Llc
Mortgage Due May 01, 2050
Sold Jun 29, 2001
$97,000
$98,900 by First Horizon Home Loan
Mortgage
318 Elderwood Court 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 1986 and is 38 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 318 Elderwood Court has 1,696 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 4,316 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 240 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 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 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 electricity. 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. The property was last sold in Mar 24, 2020 for $210,000. That's $123.82 per sqft. Prior to that sales transaction, the property was also sold in Jun 12, 2001 for $97,000. 318 Elderwood Court was last assessed in 2023. The total value of the property was assessed at $254,600. Specifically, the land the property is located on was valued at $90,000. While improvements on the property were assessed at a total of $164,600. 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 $2,521. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,316
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,696
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KEMPSVILLE LAKES
  • Land Acres: 0.099
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: KEMPSVILLE LAKE PH 6 BK N LOT 29

Ownership

  • Current Owner : HARKINS BRUCE
  • Current Owner 2: HARKINS JOANN
  • Previous Owner : REMBERT CHARLIE
  • Previous Owner 2: REMBERT KAREN G
  • Owner Before Previous Owner: JONES DAVY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046019

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: PM D091
  • Parcel: 14669922480000
  • Block: N
  • Lot: 29
  • Municipality: KEMPSVILLE
  • Latitude: 36.8275
  • Longitude: -76.1549

    Address

  • Full Address: 318 Elderwood Ct
  • Address - House Number: 318
  • Address - Street Name: Elderwood
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C031
  • 4-Digit Zip Code: 4354
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,521
  • Tax Rate Code Area: D03

    Appraisal Valuation

  • Standard Deviation: 0.1398
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 303,528
  • High Value: 345,970
  • Low Value: 261,087

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,150
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Apr 24, 2020
  • First Open Lien Mortgage Loan Amount: $183,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $254,600
  • Market Land Value: $90,000
  • Market Improvement Value: $164,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,600
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $164,600

    Sales

  • Current Sale Contract Date: Mar 24, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Transaction ID: 11768993072
  • Current Sale Price: $210,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20200424000358450
  • Previous Sale Recording Date: Jun 29, 2001
  • Previous Sale Contract Date: Jun 12, 2001
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Apr 24, 2020
  • First Mortgage Loan Amount: $183,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HOME LOAN
  • Previous Mortgage Transaction Date: Jun 29, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $98,900
  • Previous Mortgage Term: 360

About Virginia Beach



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 221 Market Street, Virginia Beach, VA, 23462

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 845 ft²
221 Market Street #548, Virginia Beach, VA, 23462 Listing by A. Beth Hughes
Unit for rent at 4415 Segovia Court, Virginia Beach, VA, 23462

$2,000 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,254 ft²
4415 Segovia Court, Virginia Beach, VA, 23462 Listing by Barbara Sgueglia
Unit for rent at 652 Oleander Circle, Virginia Beach, VA, 23464

$1,800 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,254 ft²
652 Oleander Circle, Virginia Beach, VA, 23464 Listing by Tammy Jennison
Unit for rent at 212 N Palmyra Drive, Virginia Beach, VA, 23462

$1,950 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,509 ft²
212 N Palmyra Drive, Virginia Beach, VA, 23462 Listing by Pat Davis
Unit for rent at 141 N Palm Avenue, Virginia Beach, VA, 23452

$1,995 /mo

  • 3 Beds
  • 2 Baths
141 N Palm Avenue #B, Virginia Beach, VA, 23452 Listing by Vincent Miranda
Unit for rent at 1400 Northface Court, Virginia Beach, VA, 23462

$1,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,394 ft²
1400 Northface Court, Virginia Beach, VA, 23462 Listing by Tina Bradley
Unit for rent at 400 Greenview Drive, Virginia Beach, VA, 23462

$1,800 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,418 ft²
400 Greenview Drive, Virginia Beach, VA, 23462 Listing by Jason Sampson

Frequently Asked Questions

What neighborhood is 318 Elderwood Court located in?
The 318 Elderwood Court is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 318 Elderwood Court?
The average sales price for units in 318 Elderwood Court is $0 currently.

Quantcast