5461 Wesleyan Drive

5461 Wesleyan Drive has been categorized by the local assessors in Virginia Beach, VA as a commercial type of property. The building on the property was first built in 2000 and is 24 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5461 Wesleyan Drive has 45,292 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 310,931 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. We know that this is 1 code building. This code stands for "buildings that have fireproofed structural steel frames carrying all wall, floor and roof loads. The walls, floors and roof structures are built of non-combustible materials.". 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 other control joints. The inside of the home is being cooled with no air conditioning at the moment. 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, 5461 Wesleyan Drive was last sold in Dec 20, 2000 for $740,000. According to our calculations, that's $16.34 per sqft. Prior to that sales transaction, the property was sold for $3,185,000 in Sep 22, 1999. Current property owners are expected to pay $46,498 in taxes per year. The property on 5461 Wesleyan Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,696,800. To break that down further, the land itself was valued at $2,487,500. While improvements to the property were assessed at a total of $2,209,300. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.