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5045 Thatcher Way

5045 Thatcher Way, Virginia Beach, VA 23456
Property in Virginia Beach
Sold Nov 04, 2021
$175,000
$181,300 by Atlantic Bay Mortgage Group Ll
Mortgage Due Dec 01, 2051
Sold Sep 30, 2013
$120,000
$75,000 by Navy Fcu
Mortgage
5045 Thatcher Way 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 1991 and is 33 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5045 Thatcher Way has 1,106 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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. 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, 5045 Thatcher Way was last sold in Oct 25, 2021 for $175,000. According to our calculations, that's $158.23 per sqft. Prior to that sales transaction, the property was sold for $120,000 in Sep 25, 2013. Current property owners are expected to pay $1,920 in taxes per year. The property on 5045 Thatcher Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $193,900. To break that down further, the land itself was valued at $65,000. While improvements to the property were assessed at a total of $128,900. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,106
  • Building Area: 1,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,106
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAS OF GLENWOOD
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: THE VILLAS OF GLENWOOD CONDOMINIUM PHASE 13 UNIT 5045

Ownership

  • Current Owner : HOLDEN KATIE G
  • Previous Owner : DYNOV DMITRIY Y
  • Previous Owner 2: DYNOV OLGA
  • Owner Before Previous Owner: PEREZ KIMBERLY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046216

Zoning

  • Zoning: 11

Geography

  • Parcel: 14756151318930
  • Municipality: CENTERVILLE
  • Latitude: 36.7771
  • Longitude: -76.1302

    Address

  • Full Address: 5045 Thatcher Way
  • Address - House Number: 5045
  • Address - Street Name: Thatcher
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C083
  • 4-Digit Zip Code: 6361
  • Zip Code: 23456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,920
  • Tax Rate Code Area: D07

    Appraisal Valuation

  • Standard Deviation: 0.1394
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 83
  • Final Value: 229,190
  • High Value: 261,159
  • Low Value: 197,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,300
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Nov 04, 2021
  • First Open Lien Mortgage Loan Amount: $181,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $193,900
  • Market Land Value: $65,000
  • Market Improvement Value: $128,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,900
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $128,900

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Transaction ID: 11864541963
  • Current Sale Price: $175,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103086982
  • Previous Sale Recording Date: Sep 30, 2013
  • Previous Sale Contract Date: Sep 25, 2013
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Nov 04, 2021
  • First Mortgage Loan Amount: $181,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Sep 30, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Virginia Beach



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Frequently Asked Questions

What neighborhood is 5045 Thatcher Way located in?
The 5045 Thatcher Way is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 5045 Thatcher Way?
The average sales price for units in 5045 Thatcher Way is $0 currently.

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