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4325 Salem Springs Way

4325 Salem Springs Way, Virginia Beach, VA 23456
Property in Virginia Beach
Sold Nov 03, 2015
$235,500
$235,500 by Atlantic Bay Mortgage Group Ll
Mortgage
Sold Mar 05, 2013
$215,000
$219,622 by Old Virginia Mortgage Inc
Mortgage
Local assessors in Virginia Beach, VA have categorized 4325 Salem Springs Way as a residential type of property. The home was built in 2001 and is 23 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 6 rooms in the home. Of these, 3 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 4325 Salem Springs Way has a total of 1,974 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 260 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 30, 2015 for $235,500. That's $119.30 per sqft. Prior to that sales transaction, the property was also sold in Feb 8, 2013 for $215,000. 4325 Salem Springs Way was last assessed in 2023. The total value of the property was assessed at $322,500. Specifically, the land the property is located on was valued at $98,000. While improvements on the property were assessed at a total of $224,500. 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 $3,193. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 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: 260
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,974
  • Building Area: 1,974
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,974
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHAMPTON AT SALEM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SOUTHAMPTON AT SALEM SPRINGS A CONDO PHASE 2 UNIT 4325

Ownership

  • Current Owner : ERSKINE MALCOLM A
  • Previous Owner : RODRIGUEZ FEDERICO
  • Owner Before Previous Owner: SUGG DENISE G

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046225

Zoning

  • Zoning: 11

Geography

  • Parcel: 14758412604325
  • Municipality: CENTERVILLE
  • Latitude: 36.7863
  • Longitude: -76.1259

    Address

  • Full Address: 4325 Salem Springs Way
  • Address - House Number: 4325
  • Address - Street Name: Salem Springs
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C061
  • 4-Digit Zip Code: 1483
  • Zip Code: 23456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,193
  • Tax Rate Code Area: D07

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 85
  • Final Value: 371,638
  • High Value: 418,701
  • Low Value: 324,576

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,500
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Nov 03, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $235,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $322,500
  • Market Land Value: $98,000
  • Market Improvement Value: $224,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,500
  • Assessed Land Value: $98,000
  • Assessed Improvements Value: $224,500

    Sales

  • Current Sale Contract Date: Oct 30, 2015
  • Current Sale Recording Date: Nov 03, 2015
  • Current Sale Transaction ID: 1353984813
  • Current Sale Price: $235,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20151103001075670
  • Previous Sale Recording Date: Mar 05, 2013
  • Previous Sale Contract Date: Feb 08, 2013
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Nov 03, 2015
  • First Mortgage Loan Amount: $235,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: OLD VIRGINIA MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 05, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $219,622
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 4325 Salem Springs Way located in?
The 4325 Salem Springs Way is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 4325 Salem Springs Way?
The average sales price for units in 4325 Salem Springs Way is $0 currently.

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