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5048 Century Drive

5048 Century Drive, Virginia Beach, VA 23462
Sold Oct 03, 2019
$243,000
$242,250 by Freedom Mortgage Corporation
Mortgage Due Feb 01, 2050
Sold Aug 28, 2017
$219,900
$129,900 by Southern Trust Mortgage Llc
Mortgage
5048 Century Drive in Virginia Beach, VA was first built in 1957 and is 67 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5048 Century Drive has 1,485 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. In total, the area measurement of the land is 10,443 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip 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 detached garage. The garage is 432 sqft. There are a total of 2 available parking spaces. 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 brick. 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 oil. The property was last sold in Oct 1, 2019 for $243,000. That's $163.64 per sqft. Prior to that sales transaction, the property was also sold in Aug 25, 2017 for $219,900. 5048 Century Drive was last assessed in 2023. The total value of the property was assessed at $258,600. Specifically, the land the property is located on was valued at $110,000. While improvements on the property were assessed at a total of $148,600. 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 $2,560. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Brick Exterior

Parking

Carport
Garage Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,443
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,485
  • Building Area: 1,485
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,485
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KEMPSVILLE GARDENS
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KEMPSVILLE GARDENS LOT 8

Ownership

  • Current Owner : MOORE JUSTICE S
  • Previous Owner : HOOPER GARY W
  • Previous Owner 2: HOOPER VAN NESS
  • Owner Before Previous Owner: LANCASTER MARVIN B
  • Owner Before Previous Owner 2: LANCASTER KENNETH W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046019

Zoning

  • Zoning: 18

Geography

  • Assessors Map Reference: PM D091
  • Parcel: 14668981240000
  • Lot: 8
  • Municipality: KEMPSVILLE
  • Latitude: 36.8271
  • Longitude: -76.1564

    Address

  • Full Address: 5048 Century Dr
  • Address - House Number: 5048
  • Address - Street Name: Century
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C088
  • 4-Digit Zip Code: 4338
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,560
  • Tax Rate Code Area: D03

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 323,494
  • High Value: 365,002
  • Low Value: 281,985

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,250
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 07, 2022
  • First Open Lien Mortgage Loan Amount: $242,250
  • First Open Lien Mortgage Term: 333
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $258,600
  • Market Land Value: $110,000
  • Market Improvement Value: $148,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,600
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $148,600

    Sales

  • Current Sale Contract Date: Oct 01, 2019
  • Current Sale Recording Date: Oct 03, 2019
  • Current Sale Transaction ID: 11659678159
  • Current Sale Price: $243,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20191003000839740
  • Previous Sale Recording Date: Aug 28, 2017
  • Previous Sale Contract Date: Aug 25, 2017
  • Previous Sale Amount: $219,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Oct 03, 2019
  • First Mortgage Loan Amount: $248,224
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • Previous Mortgage Transaction Date: Aug 28, 2017
  • Previous Mortgage Loan Amount: $129,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Virginia Beach



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Frequently Asked Questions

What neighborhood is 5048 Century Drive located in?
The 5048 Century Drive is a house located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 5048 Century Drive?
The average sales price for units in 5048 Century Drive is $242,000 , or $163/sqft. currently.

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