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4814 Lee Avenue

4814 Lee Avenue, Virginia Beach, VA 23455
Sold Mar 29, 2018
$580,000
$330,000 by Townebank Mortgage
Mortgage
Sold Mar 30, 2016
$540,000
$432,000 by Southern Trust Mortgage Llc
Mortgage
Local assessors in Virginia Beach, VA have categorized 4814 Lee Avenue as a residential type of property. The home was built in 2010 and is 14 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 8 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 4 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 4814 Lee Avenue has a total of 2,741 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. 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 406 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 23, 2018 for $580,000. That's $211.60 per sqft. Prior to that sales transaction, the property was also sold in Mar 28, 2016 for $540,000. 4814 Lee Avenue was last assessed in 2023. The total value of the property was assessed at $688,500. Specifically, the land the property is located on was valued at $249,000. While improvements on the property were assessed at a total of $439,500. 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 $6,816. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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
  • Living Units: 6
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 406
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,741
  • Building Area: 2,741
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,741
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHESAPEAKE BEACH
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 4812 LEE AVENUE A CONDO UNIT 4812B

Ownership

  • Current Owner : LAI FRANK
  • Current Owner 2: LAI CHRISTINA JIAN
  • Previous Owner : TERRY JEFFREY S
  • Owner Before Previous Owner: CASEY DONALD MICHAEL
  • Owner Before Previous Owner 2: BYRNSIDE-CASEY VALERIE N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 041801

Zoning

  • Zoning: 19

Geography

  • Parcel: 15705105510002
  • Municipality: BAYSIDE
  • Latitude: 36.9156
  • Longitude: -76.1317

    Address

  • Full Address: 4814 Lee Ave
  • Address - House Number: 4814
  • Address - Street Name: Lee
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C047
  • 4-Digit Zip Code: 1334
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,816
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.1295
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 85
  • Final Value: 782,974
  • High Value: 884,414
  • Low Value: 681,534

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $637,000
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 29, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $330,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • Second Open Lien Mortgage Recording Date: Jan 27, 2021
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $307,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2041

    Market Valuation

  • Market Total Value: $688,500
  • Market Land Value: $249,000
  • Market Improvement Value: $439,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $688,500
  • Assessed Land Value: $249,000
  • Assessed Improvements Value: $439,500

    Sales

  • Current Sale Contract Date: Mar 23, 2018
  • Current Sale Recording Date: Mar 29, 2018
  • Current Sale Transaction ID: 11441408422
  • Current Sale Price: $580,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180329000256330
  • Previous Sale Recording Date: Mar 30, 2016
  • Previous Sale Contract Date: Mar 28, 2016
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Mar 29, 2018
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 30, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $432,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

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Frequently Asked Questions

What neighborhood is 4814 Lee Avenue located in?
The 4814 Lee Avenue is a located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
What is the average sales price for listings in 4814 Lee Avenue?
The average sales price for units in 4814 Lee Avenue is $0 currently.

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