Check Availability

5318 Brookstone Lane

5318 Brookstone Lane, Virginia Beach, VA 23455
Sold May 31, 2022
$290,000
$296,670 by Caliber Home Loans Inc
Mortgage Due Jun 01, 2052
Sold Aug 21, 2017
$220,000
$223,850 by Navy Federal Credit Union
Mortgage
5318 Brookstone Lane 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 1986 and is 38 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5318 Brookstone Lane has 1,935 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 2,371 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 brick. 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. 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, 5318 Brookstone Lane was last sold in May 26, 2022 for $290,000. According to our calculations, that's $149.87 per sqft. Prior to that sales transaction, the property was sold for $220,000 in Aug 11, 2017. Current property owners are expected to pay $2,738 in taxes per year. The property on 5318 Brookstone Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $276,600. To break that down further, the land itself was valued at $80,000. While improvements to the property were assessed at a total of $196,600. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,371
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,935
  • Building Area: 1,935
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,935
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CYPRESS POINT
  • Land Acres: 0.054
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: CYPRESS POINT PHASE 1A BK D LOT 4

Ownership

  • Current Owner : CADENASSO NICHOLAS
  • Current Owner 2: CADENASSO EMILY
  • Previous Owner : YATES LISA M
  • Owner Before Previous Owner: PIES CATHERINE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 040404

Zoning

  • Zoning: 11

Geography

  • Assessors Map Reference: PM C054
  • Parcel: 14686501890000
  • Block: D
  • Lot: 4
  • Municipality: BAYSIDE
  • Latitude: 36.8713
  • Longitude: -76.1644

    Address

  • Full Address: 5318 Brookstone Ln
  • Address - House Number: 5318
  • Address - Street Name: Brookstone
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C038
  • 4-Digit Zip Code: 6615
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,738
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.1393
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 322,450
  • High Value: 367,396
  • Low Value: 277,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,670
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: May 31, 2022
  • First Open Lien Mortgage Loan Amount: $296,670
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $276,600
  • Market Land Value: $80,000
  • Market Improvement Value: $196,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,600
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $196,600

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11892311421
  • Current Sale Price: $290,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 31136
  • Previous Sale Recording Date: Aug 21, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: May 31, 2022
  • First Mortgage Loan Amount: $296,670
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Aug 21, 2017
  • Previous Mortgage Loan Amount: $223,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Northwest Virginia Beach



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1433 Garwood Avenue, Virginia Beach, VA, 23455

$1,900 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,281 ft²
1433 Garwood Avenue, Virginia Beach, VA, 23455 Listing by Linda Ritchie-Royal
Unit for rent at 1001 Hackney Brief, Virginia Beach, VA, 23455

$2,025 /mo

  • 4 Beds
  • 2 Baths
  • 1,996 ft²
1001 Hackney Brief, Virginia Beach, VA, 23455 Listing by Elizabeth Foster
Unit for rent at 1105 Gleaning Close, Virginia Beach, VA, 23455

$2,200 /mo

  • 3 Beds
  • 2.5 Baths
1105 Gleaning Close, Virginia Beach, VA, 23455 Listing by Dane Lemmon
Unit for rent at 1061 Grand Oak Lane, Virginia Beach, VA, 23455

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,439 ft²
1061 Grand Oak Lane, Virginia Beach, VA, 23455 Listing by Laurie Locklear
Unit for rent at 5501 Taylors Walke Lane, Virginia Beach, VA, 23462

$2,200 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,764 ft²
5501 Taylors Walke Lane, Virginia Beach, VA, 23462 Listing by Chris Mangold
Unit for rent at 906 Monarch Drive, Virginia Beach, VA, 23462

$1,950 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,500 ft²
906 Monarch Drive, Virginia Beach, VA, 23462 Listing by John McInnis
Unit for rent at 5388 Charmont Court, Virginia Beach, VA, 23455

$2,050 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,679 ft²
5388 Charmont Court, Virginia Beach, VA, 23455 Listing by Diane Olivas

Frequently Asked Questions

What neighborhood is 5318 Brookstone Lane located in?
The 5318 Brookstone 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 5318 Brookstone Lane?
The average sales price for units in 5318 Brookstone Lane is $0 currently.

Quantcast