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405 Back Acres Court

405 Back Acres Court, Virginia Beach, VA 23454
Sold Feb 26, 2020
$176,700
$167,865 by Atlantic Bay Mortgage Group Ll
Mortgage
Sold Feb 16, 2005
$154,000
$160,150 by Virginia Housing Dev Auth
Mortgage
405 Back Acres 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 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 405 Back Acres Court has 1,024 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 4,137 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. 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 concrete. 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 Feb 25, 2020 for $176,700. That's $172.56 per sqft. Prior to that sales transaction, the property was also sold in Jan 19, 2005 for $154,000. 405 Back Acres Court was last assessed in 2023. The total value of the property was assessed at $207,000. Specifically, the land the property is located on was valued at $78,000. While improvements on the property were assessed at a total of $129,000. 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 $2,049. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Concrete
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,137
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,024
  • Building Area: 1,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,024
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LYNN RIVER COMMON
  • Land Acres: 0.095
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LYNN RIVER COMMON LOT 19

Ownership

  • Current Owner : SIMON CHRISTOPHER R
  • Previous Owner : ANTHONY ARTHUR A
  • Owner Before Previous Owner: ROEBUCK PHILLIP J
  • 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 I073
  • Parcel: 14977754490000
  • Lot: 19
  • Municipality: BEACH
  • Latitude: 36.848
  • Longitude: -76.0574

    Address

  • Full Address: 405 Back Acres Ct
  • Address - House Number: 405
  • Address - Street Name: Back Acres
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C047
  • 4-Digit Zip Code: 3278
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,049
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1485
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 82
  • Final Value: 250,798
  • High Value: 288,058
  • Low Value: 213,538

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,865
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Feb 26, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $167,865
  • 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: $207,000
  • Market Land Value: $78,000
  • Market Improvement Value: $129,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,000
  • Assessed Land Value: $78,000
  • Assessed Improvements Value: $129,000

    Sales

  • Current Sale Contract Date: Feb 25, 2020
  • Current Sale Recording Date: Feb 26, 2020
  • Current Sale Transaction ID: 11745617127
  • Current Sale Price: $176,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200226000189980
  • Previous Sale Recording Date: Feb 16, 2005
  • Previous Sale Contract Date: Jan 19, 2005
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Feb 26, 2020
  • First Mortgage Loan Amount: $167,865
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: VIRGINIA HOUSING DEV AUTH
  • Previous Mortgage Transaction Date: Feb 16, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $160,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 405 Back Acres Court located in?
The 405 Back Acres Court 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 405 Back Acres Court?
The average sales price for units in 405 Back Acres Court is $0 currently.

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