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537 Greencastle Lane

537 Greencastle Lane, Virginia Beach, VA 23452
Property in North Central
Sold May 06, 1999
$149,900
$137,193 by Ctx Mortgage Co
Mortgage
Local assessors in Virginia Beach, VA have categorized 537 Greencastle Lane as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 16,275 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 537 Greencastle Lane has a total of 2,263 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 414 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 537 Greencastle Lane sold most recently in Apr 30, 1999 for a total of $149,900. If you work out the math, that's approximately a cost of $66.24 per sqft. 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 $4,036 in taxes each year. 537 Greencastle Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $407,700. If we break it down further, the land itself was valued at $145,000. Improvements to the property, however, were assessed at a total of $262,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 414
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 16,275
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,263
  • Building Area: 2,263
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,263
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THALIA MANOR
  • Land Acres: 0.374
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THALIA MANOR JOHN H LEWIS PROP LOT 1

Ownership

  • Current Owner : RANKIN JEFFREY R
  • Previous Owner : KIRBY GREGORY S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045601

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM F074
  • Parcel: 14871786300000
  • Lot: 1
  • Municipality: LYNNHAVEN
  • Latitude: 36.8495
  • Longitude: -76.111

    Address

  • Full Address: 537 Greencastle Ln
  • Address - House Number: 537
  • Address - Street Name: Greencastle
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C086
  • 4-Digit Zip Code: 2515
  • Zip Code: 23452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,036
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1236
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 86
  • Final Value: 499,615
  • High Value: 561,397
  • Low Value: 437,832

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,193
  • First Open Lien Mortgage Lender: CTX MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 06, 1999
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $137,193
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $407,700
  • Market Land Value: $145,000
  • Market Improvement Value: $262,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,700
  • Assessed Land Value: $145,000
  • Assessed Improvements Value: $262,700

    Sales

  • Current Sale Contract Date: Apr 30, 1999
  • Current Sale Recording Date: May 06, 1999
  • Current Sale Transaction ID: 1017434453
  • Current Sale Price: $149,900
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CTX MORTGAGE CO
  • First Mortgage Transaction Date: May 06, 1999
  • First Mortgage Loan Amount: $137,193
  • First Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 537 Greencastle Lane located in?
The 537 Greencastle Lane is a located in the neighborhood of North Central in North Central, Virginia Beach.
What is the average sales price for listings in 537 Greencastle Lane?
The average sales price for units in 537 Greencastle Lane is $0 currently.

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