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4905 Whitewood Lane

4905 Whitewood Lane, Virginia Beach, VA 23464
Property in Virginia Beach
Sold Feb 27, 2017
$306,500
$228,466 by M&t Bank
Mortgage Due Apr 01, 2052
4905 Whitewood Lane 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 1978 and is 46 years old. The home has a total of 9 rooms. 5 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, 4905 Whitewood Lane has 2,493 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 7,388 square feet.

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 286 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4905 Whitewood Lane was last sold in Feb 10, 2017 for $306,500. According to our calculations, that's $122.94 per sqft. Current property owners are expected to pay $3,750 in taxes per year. The property on 4905 Whitewood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $378,800. To break that down further, the land itself was valued at $110,000. While improvements to the property were assessed at a total of $268,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • 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: 286
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,388
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,493
  • Building Area: 2,493
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,493
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: INDIAN LAKES
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: INDIAN LAKES SEC F-1A LOT 33

Ownership

  • Current Owner : WRIGHT THOMAS A
  • Current Owner 2: WRIGHT KIMBERLY L
  • Previous Owner : Bigger Picture Inc A Virginia Corporatio
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046212

Zoning

  • Zoning: 10

Geography

  • Assessors Map Reference: PM D114
  • Parcel: 14659968720000
  • Lot: 33
  • Municipality: KEMPSVILLE
  • Latitude: 36.8015
  • Longitude: -76.1543

    Address

  • Full Address: 4905 Whitewood Ln
  • Address - House Number: 4905
  • Address - Street Name: Whitewood
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C081
  • 4-Digit Zip Code: 6227
  • Zip Code: 23464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,750
  • Tax Rate Code Area: D01

    Appraisal Valuation

  • Standard Deviation: 0.1349
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 452,533
  • High Value: 513,615
  • Low Value: 391,452

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,466
  • First Open Lien Mortgage Lender: M&T BANK
  • First Open Lien Mortgage Recording Date: Apr 01, 2022
  • First Open Lien Mortgage Loan Amount: $228,466
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $378,800
  • Market Land Value: $110,000
  • Market Improvement Value: $268,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,800
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $268,800

    Sales

  • Current Sale Contract Date: Feb 10, 2017
  • Current Sale Recording Date: Feb 27, 2017
  • Current Sale Transaction ID: 1992099647
  • Current Sale Price: $306,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170227000164730

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Feb 27, 2017
  • First Mortgage Loan Amount: $300,948
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 4905 Whitewood Lane located in?
The 4905 Whitewood Lane is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 4905 Whitewood Lane?
The average sales price for units in 4905 Whitewood Lane is $0 currently.

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