See Home Value
$420,704*
House - Off Market

505 Edwin Drive

Virginia Beach, VA 23462
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2281 Sqft
$378,000 - $462,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Jul 10, 2023
$420,000
$420,000 by Prime Lending Llc
Mortgage Due Aug 01, 2053

About This Property

One family owned, 2281 SF, custom, 3BR/2BA, brick ranch with large family room & double car garage on over 1/3 Acre beautiful yard. This home is only minutes to Mt. Trashmore park & rec, Towne Center, shops and restaurants and in the Kempsville & Larkspur Virginia Beach school district making it one of the areas top picks! Nice utility room w a large closet with room for one more half bath. Roof is 6 years old. New Rennai hot water heater installed 2022.  Sold AS-IS, WHERE-IS.

The manager has listed the unit size as 2281 square feet.
Unit Size
2,281Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$184
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1965

Price History

Date / Event Date Event Price
Jul 10, 2023 Sold to Daniel Gibson, Kaila Tolleson $420,000
Sold to Daniel Gibson, Kaila Tolleson
Jun 11, 2023 No longer available -
No longer available
Jun 5, 2023 Price Increased $420,000
↑ $5K (1.2%)
Price Increased
May 27, 2023 Price Decreased $415,000
↓ $14K (3.3%)
Price Decreased
Apr 19, 2023 Price Decreased $429,000
↓ $20K (4.5%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • 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: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 598
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,628
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,281
  • Building Area: 2,281
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,281
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LARKSPUR
  • Land Acres: 0.313
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LARKSPUR SEC 5 LOT 72

Ownership

  • Current Owner : GIBSON DANIEL
  • Current Owner 2: TOLLESON KAILA
  • Previous Owner : FORD CYNTHIA LEIGH
  • Previous Owner 2: MANSFIELD JANET LEA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 26, 2023

Neighborhood

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

Zoning

  • Zoning: 12

Geography

  • Assessors Map Reference: PM E094
  • Parcel: 14765873490000
  • Lot: 72
  • Municipality: KEMPSVILLE
  • Latitude: 36.8247
  • Longitude: -76.1328

    Address

  • Full Address: 505 Edwin Dr
  • Address - House Number: 505
  • Address - Street Name: Edwin
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C100
  • 4-Digit Zip Code: 4526
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,731
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: D03

    Appraisal Valuation

  • Standard Deviation: 0.1328
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 84
  • Final Value: 443,713
  • High Value: 502,641
  • Low Value: 384,784

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: PRIME LENDING LLC
  • First Open Lien Mortgage Recording Date: Jul 10, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $420,000
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $376,900
  • Market Land Value: $142,000
  • Market Improvement Value: $234,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,900
  • Assessed Land Value: $142,000
  • Assessed Improvements Value: $234,900

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Transaction ID: 11909310214
  • Current Sale Price: $420,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 25225

    Last Sale Mortgage

  • First Mortgage Lender: PRIME LENDING LLC
  • First Mortgage Transaction Date: Jul 10, 2023
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,769 ft²
$209/ft²
$369,000 Feb 1, 2023
-
$172/mo
House
4 Beds
2.5 Baths
1,998 ft²
$215/ft²
$429,900 Apr 26, 2023
-
$250/mo
Condo
4 Beds
3.5 Baths
2,250 ft²
$195/ft²
$439,500 May 24, 2023
-
$257/mo

About Virginia Beach


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Frequently Asked Questions

When was property at 505 Edwin Drive built and last sold?
The property at 505 Edwin Drive was built in 1965 and last sold on Jun 28, 2023 for $420,000.
How much is this home worth?
The estimated value of the home located at 505 Edwin Drive is $426,744.
What are some comparable homes to 505 Edwin Drive?
Homes that are comparable to 505 Edwin Drive include a house property at 772 Pine Lake Drive, 4787 Rosecroft Street, 4843 Dolton Drive.

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