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533 Summit Ridge Drive

533 Summit Ridge Drive, Chesapeake, VA 23322
Property in Butts Station
Sold Aug 23, 2016
$250,000
$245,471 by Atlantic Bay Mortgage Group Ll
Mortgage
Sold Apr 27, 2001
$149,000
533 Summit Ridge Drive has been categorized by the local assessors in Chesapeake, VA as a residential type of property. The building on the property was first built in 1965 and is 59 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 533 Summit Ridge Drive has 1,759 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 14,767 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 594 sqft. According to our sources, there are a total of 2 available parking spaces. 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 brick control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 533 Summit Ridge Drive sold most recently in Aug 2, 2016 for a total of $250,000. If you work out the math, that's approximately a cost of $142.13 per sqft. Before that, the property was also sold for $149,000 in Apr 26, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,135 in taxes each year. 533 Summit Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $346,700. If we break it down further, the land itself was valued at $175,000. Improvements to the property, however, were assessed at a total of $171,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Combination
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 594
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,767
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,759
  • Building Area: 1,759
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,759
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GREAT BRIDGE GARDENS / MISC./BRIDGEFIELD
  • Land Acres: 0.339
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 16 BRIDGEFIELD SEC 1

Ownership

  • Current Owner : BOALS II LARRY
  • Current Owner 2: BOALS JENNIFER
  • Previous Owner : LUMLEY BARBARA DOWNING
  • Previous Owner 2: DOWNING DAIVD DEAN
  • Owner Before Previous Owner: HANSON LESTER E
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 021101

Zoning

  • Zoning: R15S: RESI

Geography

  • Assessors Map Reference: MB 44 PG 124
  • District: 4
  • Parcel: 0605001000160
  • Municipality: PLEASANT GROVE
  • Latitude: 36.7082
  • Longitude: -76.2187

    Address

  • Full Address: 533 Summit Ridge Dr
  • Address - House Number: 533
  • Address - Street Name: Summit Ridge
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C039
  • 4-Digit Zip Code: 3550
  • Zip Code: 23322

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,135

    Appraisal Valuation

  • Standard Deviation: 0.1066
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 89
  • Final Value: 374,834
  • High Value: 414,825
  • Low Value: 334,842

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,471
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Aug 23, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $245,471
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $346,700
  • Market Land Value: $175,000
  • Market Improvement Value: $171,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,700
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $171,700

    Sales

  • Current Sale Contract Date: Aug 02, 2016
  • Current Sale Recording Date: Aug 23, 2016
  • Current Sale Transaction ID: 1754203029
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 160023125
  • Previous Sale Recording Date: Apr 27, 2001
  • Previous Sale Contract Date: Apr 26, 2001
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Aug 23, 2016
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Butts Station



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Frequently Asked Questions

What neighborhood is 533 Summit Ridge Drive located in?
The 533 Summit Ridge Drive is a located in the neighborhood of Butts Station in Butts Station, Chesapeake.
What is the average sales price for listings in 533 Summit Ridge Drive?
The average sales price for units in 533 Summit Ridge Drive is $0 currently.

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