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4945 Kemps Lake Drive

4945 Kemps Lake Drive, Virginia Beach, VA 23462
Property in Virginia Beach
Sold Feb 02, 1999
$105,350
$100,250 by Virginia Housing Dev Auth
Mortgage
Local assessors in Virginia Beach, VA have categorized 4945 Kemps Lake Drive as a residential type of property. The home was built in 1998 and is 26 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 4945 Kemps Lake Drive has a total of 1,399 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 198 sqft. 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 Feb 1, 1999 for $105,350. That's $75.30 per sqft. 4945 Kemps Lake Drive was last assessed in 2023. The total value of the property was assessed at $237,100. Specifically, the land the property is located on was valued at $83,000. While improvements on the property were assessed at a total of $154,100. 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 $2,347. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1998
  • Effective Year Built: 1998
  • 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: 198
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,399
  • Building Area: 1,399
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,399
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEMPS LAKE CONDOS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: KEMPS LAKE CONDO PHASE 5 UNIT 4945

Ownership

  • Current Owner : WILLIAMS ALFRED J
  • Previous Owner : KEMPS LAKE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046020

Zoning

  • Zoning: 1

Geography

  • Parcel: 14770037004945
  • Municipality: BAYSIDE
  • Latitude: 36.831
  • Longitude: -76.1512

    Address

  • Full Address: 4945 Kemps Lake Dr
  • Address - House Number: 4945
  • Address - Street Name: Kemps Lake
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C031
  • 4-Digit Zip Code: 4387
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,347
  • Tax Rate Code Area: D03

    Appraisal Valuation

  • Standard Deviation: 0.1236
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 86
  • Final Value: 284,156
  • High Value: 319,295
  • Low Value: 249,017

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $142,250
  • First Open Lien Mortgage Lender: VIRGINIA HOUSING DEV AUTH
  • First Open Lien Mortgage Recording Date: Feb 02, 1999
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $100,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Mar 22, 2022
  • Second Open Lien Mortgage Loan Amount: $42,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 06, 2051

    Market Valuation

  • Market Total Value: $237,100
  • Market Land Value: $83,000
  • Market Improvement Value: $154,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,100
  • Assessed Land Value: $83,000
  • Assessed Improvements Value: $154,100

    Sales

  • Current Sale Contract Date: Feb 01, 1999
  • Current Sale Recording Date: Feb 02, 1999
  • Current Sale Transaction ID: 1017022949
  • Current Sale Price: $105,350
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA HOUSING DEV AUTH
  • First Mortgage Transaction Date: Feb 02, 1999
  • First Mortgage Loan Amount: $100,250

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 4945 Kemps Lake Drive located in?
The 4945 Kemps Lake Drive is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 4945 Kemps Lake Drive?
The average sales price for units in 4945 Kemps Lake Drive is $0 currently.

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