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527 Lake Havasu Drive

527 Lake Havasu Drive, Virginia Beach, VA 23454
Sold Jul 31, 2019
$175,000
$171,830 by Townebank Mortgage
Mortgage
527 Lake Havasu Drive 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 1984 and is 40 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 527 Lake Havasu Drive has 1,356 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,065 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jul 23, 2019 for $175,000. That's $129.06 per sqft. 527 Lake Havasu Drive was last assessed in 2023. The total value of the property was assessed at $219,200. Specifically, the land the property is located on was valued at $77,000. While improvements on the property were assessed at a total of $142,200. 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 $2,170. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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 / Wood Exterior
Wood Exterior
Vinyl Siding

Parking

Assigned Parking
Off Street Parking
Paved Parking

Driveway

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

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • 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
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,065
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,356
  • Building Area: 1,356
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,356
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODS AT LONDON BRIDGE
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: THE WOODS AT LONDON BRIDGE SEC 5 BK LL LOT 5

Ownership

  • Current Owner : BENNETT KELSEY A
  • Previous Owner : THE LAST WILL AND TESTAMENT OF FRANK R A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044808

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: PM I073
  • Parcel: 14978773220000
  • Block: LL
  • Lot: 5
  • Municipality: BEACH
  • Latitude: 36.8475
  • Longitude: -76.0536

    Address

  • Full Address: 527 Lake Havasu Dr
  • Address - House Number: 527
  • Address - Street Name: Lake Havasu
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C047
  • 4-Digit Zip Code: 3981
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,170
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1485
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 82
  • Final Value: 262,650
  • High Value: 301,671
  • Low Value: 223,629

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $177,955
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 31, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $171,830
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • Second Open Lien Mortgage Recording Date: Jul 31, 2019
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $6,125
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $219,200
  • Market Land Value: $77,000
  • Market Improvement Value: $142,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,200
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $142,200

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Jul 31, 2019
  • Current Sale Transaction ID: 11635265937
  • Current Sale Price: $175,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20190731000635630

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Jul 31, 2019
  • First Mortgage Loan Amount: $171,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northeast Virginia Beach



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Frequently Asked Questions

What neighborhood is 527 Lake Havasu Drive located in?
The 527 Lake Havasu Drive is a townhouse located in the neighborhood of Northeast Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 527 Lake Havasu Drive?
The average sales price for units in 527 Lake Havasu Drive is $180,000 , or $133/sqft. currently.

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