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5017 Shell Cove Lane

5017 Shell Cove Lane, Virginia Beach, VA 23455
Sold Sep 14, 2021
$449,900
$457,773 by Navy Federal Credit Union
Mortgage Due Oct 01, 2051
Sold Sep 14, 2021
$449,900
$457,773 by Navy Federal Credit Union
Mortgage Due Oct 01, 2051
5017 Shell Cove Lane in Virginia Beach, VA was first built in 2017 and is 7 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5017 Shell Cove Lane has 2,631 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 394 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 5017 Shell Cove Lane was last sold in Aug 25, 2021 for $449,900. According to our calculations, that's $171.00 per sqft. Prior to that sales transaction, the property was sold for $449,900 in Aug 25, 2021. Current property owners are expected to pay $4,919 in taxes per year. The property on 5017 Shell Cove Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $496,900. To break that down further, the land itself was valued at $135,000. While improvements to the property were assessed at a total of $361,900. 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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • 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
  • Garage Type: Attached
  • Garage Square Area: 394
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,631
  • Building Area: 2,631
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,631
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHELL COVE CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SHELL COVE CONDOMINIUM PHASE 12 UNIT 12

Ownership

  • Current Owner : HENDERSON MERRILL F
  • Current Owner 2: MERRILL F HENDERSON LIVING TRU
  • Previous Owner : HENDERSON JEFFREY WADE
  • Previous Owner 2: JEFFREY WADE HENDERSON LIVING
  • Owner Before Previous Owner: JEFFREY WADE HENDERSON LIVING TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 041200

Zoning

  • Zoning: 1

Geography

  • Parcel: 14790388500012
  • Municipality: BAYSIDE
  • Latitude: 36.8947
  • Longitude: -76.1467

    Address

  • Full Address: 5017 Shell Cove Ln
  • Address - House Number: 5017
  • Address - Street Name: Shell Cove
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C055
  • 4-Digit Zip Code: 5456
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,919
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.1282
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 85
  • Final Value: 565,238
  • High Value: 637,745
  • Low Value: 492,731

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $521,673
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 14, 2021
  • First Open Lien Mortgage Loan Amount: $457,773
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051
  • Second Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 02, 2023
  • Second Open Lien Mortgage Loan Amount: $63,900
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 01, 2063

    Market Valuation

  • Market Total Value: $496,900
  • Market Land Value: $135,000
  • Market Improvement Value: $361,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $496,900
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $361,900

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Transaction ID: 11855837496
  • Current Sale Price: $449,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202103073517
  • Previous Sale Recording Date: Sep 14, 2021
  • Previous Sale Contract Date: Aug 25, 2021
  • Previous Sale Amount: $449,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Sep 14, 2021
  • First Mortgage Loan Amount: $457,773
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Sep 14, 2021
  • Previous Mortgage Loan Amount: $457,773
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 5017 Shell Cove Lane located in?
The 5017 Shell Cove Lane 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 5017 Shell Cove Lane?
The average sales price for units in 5017 Shell Cove Lane is $0 currently.

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