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5460 Society Lane

5460 Society Lane, Virginia Beach, VA 23464
Property in Virginia Beach
Sold Jan 05, 2021
$216,000
$220,968 by Tidewater Mortgage Services In
Mortgage Due Jan 01, 2051
Sold Aug 13, 2009
$230,500
$226,324 by Monarch Bank
Mortgage
5460 Society Lane in Virginia Beach, VA was first built in 1976 and is 48 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5460 Society Lane has 1,785 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. In total, the area measurement of the land is 7,357 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable 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 350 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 electricity. The property was last sold in Dec 30, 2020 for $216,000. That's $121.01 per sqft. Prior to that sales transaction, the property was also sold in Aug 11, 2009 for $230,500. 5460 Society Lane was last assessed in 2023. The total value of the property was assessed at $301,500. Specifically, the land the property is located on was valued at $140,000. While improvements on the property were assessed at a total of $161,500. 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 $2,985. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • 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
  • Garage Type: Attached
  • Garage Square Area: 350
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,357
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,785
  • Building Area: 1,785
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,785
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHARLESTOWN
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHARLESTOWNE SEC 1 PT 1 LOT 5 BK G

Ownership

  • Current Owner : MARTINEZ LEROY
  • Current Owner 2: MARTINEZ IDA
  • Previous Owner : MARTINEZ LLOYD L
  • Previous Owner 2: MARTINEZ MICHELLE L
  • Owner Before Previous Owner: DEVOE DOUGLAS D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046222

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM C131
  • Parcel: 14650274960000
  • Block: G
  • Lot: 5
  • Municipality: CENTERVILLE
  • Latitude: 36.7819
  • Longitude: -76.1852

    Address

  • Full Address: 5460 Society Ln
  • Address - House Number: 5460
  • Address - Street Name: Society
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C079
  • 4-Digit Zip Code: 6823
  • Zip Code: 23464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,985
  • Tax Rate Code Area: D07

    Appraisal Valuation

  • Standard Deviation: 0.1236
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 86
  • Final Value: 373,334
  • High Value: 419,501
  • Low Value: 327,168

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,968
  • First Open Lien Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • First Open Lien Mortgage Recording Date: Jan 05, 2021
  • First Open Lien Mortgage Loan Amount: $220,968
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $301,500
  • Market Land Value: $140,000
  • Market Improvement Value: $161,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,500
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $161,500

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Jan 05, 2021
  • Current Sale Transaction ID: 11850861062
  • Current Sale Price: $216,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202100000662
  • Previous Sale Recording Date: Aug 13, 2009
  • Previous Sale Contract Date: Aug 11, 2009
  • Previous Sale Amount: $230,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • First Mortgage Transaction Date: Jan 05, 2021
  • First Mortgage Loan Amount: $220,968
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MONARCH BANK
  • Previous Mortgage Transaction Date: Aug 13, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $226,324
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 5460 Society Lane located in?
The 5460 Society Lane is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 5460 Society Lane?
The average sales price for units in 5460 Society Lane is $0 currently.

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