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5441 Legacy Way

5441 Legacy Way, Virginia Beach, VA 23462
Sold Mar 02, 2021
$260,000
$230,362 by Ovm Financial Inc
Mortgage Due Mar 01, 2051
Sold Oct 28, 2014
$246,200
$251,493 by George Mason Mortgage Llc
Mortgage
5441 Legacy Way in Virginia Beach, VA was first built in 2014 and is 10 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5441 Legacy Way has 1,686 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 200 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5441 Legacy Way sold most recently in Feb 25, 2021 for a total of $260,000. If you work out the math, that's approximately a cost of $154.21 per sqft. Before that, the property was also sold for $246,200 in Oct 24, 2014. 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 $3,346 in taxes each year. 5441 Legacy Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $338,000. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $238,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,686
  • Building Area: 1,686
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,686
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LEGACY AT BAKER TOWNHOME CONDOS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LEGACY AT BAKER A CONDO PHASE 1 UNIT 5

Ownership

  • Current Owner : ALLEYNE WOODS WENDY
  • Current Owner 2: WOODS TERRANCE
  • Previous Owner : CRUZ JONATHAN
  • Owner Before Previous Owner: BRIBRA BAKER INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 040802

Geography

  • Parcel: 14685061340005
  • Municipality: KEMPSVILLE
  • Latitude: 36.8572
  • Longitude: -76.1661

    Address

  • Full Address: 5441 Legacy Way
  • Address - House Number: 5441
  • Address - Street Name: Legacy
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C051
  • 4-Digit Zip Code: 1794
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,346
  • Tax Rate Code Area: D04

    Appraisal Valuation

  • Standard Deviation: 0.1306
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 337,316
  • High Value: 381,376
  • Low Value: 293,256

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,362
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Mar 02, 2021
  • First Open Lien Mortgage Loan Amount: $230,362
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $338,000
  • Market Land Value: $100,000
  • Market Improvement Value: $238,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,000
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $238,000

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Transaction ID: 11853747328
  • Current Sale Price: $260,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103017428
  • Previous Sale Recording Date: Oct 28, 2014
  • Previous Sale Contract Date: Oct 24, 2014
  • Previous Sale Amount: $246,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Mar 02, 2021
  • First Mortgage Loan Amount: $230,362
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 28, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $251,493
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 5441 Legacy Way located in?
The 5441 Legacy Way 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 5441 Legacy Way?
The average sales price for units in 5441 Legacy Way is $0 currently.

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