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550 Pheasant Run

550 Pheasant Run, Virginia Beach, VA 23452
Property in Virginia Beach
Sold Sep 11, 2009
$138,000
Seller
$119,352 by Atlantic Bay Mtg Groupllc
Mortgage
Local assessors in Virginia Beach, VA have categorized 550 Pheasant Run as a residential type of property. The home was built in 1986 and is 38 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 2 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 550 Pheasant Run has a total of 969 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 alum/vinyl siding 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 heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 2, 2009 for $138,000. That's $142.41 per sqft. 550 Pheasant Run was last assessed in 2023. The total value of the property was assessed at $134,900. Specifically, the land the property is located on was valued at $53,000. While improvements on the property were assessed at a total of $81,900. 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 $1,336. 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. 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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Business/Commerical Units Count: 17
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 969
  • Building Area: 969
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 969
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LYME REGIS CONDOMINIUMS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LYME REGIS A CONDOMINI UM BLDG 17 UNIT 202

Ownership

  • Current Owner : PAYNE BRYAN L
  • Previous Owner : PAYNE LEE A

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 042802

Zoning

  • Zoning: 2

Geography

  • Assessors Map Reference: PM H091
  • Parcel: 14962944681580
  • Municipality: BEACH
  • Latitude: 36.8258
  • Longitude: -76.0754

    Address

  • Full Address: 550 Pheasant Run
  • Address - House Number: 550
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Run
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C059
  • 4-Digit Zip Code: 8017
  • Zip Code: 23452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,336
  • Tax Rate Code Area: D03

    Appraisal Valuation

  • Standard Deviation: 0.0937
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 91
  • Final Value: 167,725
  • High Value: 183,456
  • Low Value: 151,994

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,352
  • First Open Lien Mortgage Lender: ATLANTIC BAY MTG GROUPLLC
  • First Open Lien Mortgage Recording Date: Sep 11, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $119,352
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $134,900
  • Market Land Value: $53,000
  • Market Improvement Value: $81,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,900
  • Assessed Land Value: $53,000
  • Assessed Improvements Value: $81,900

    Sales

  • Current Sale Contract Date: Sep 02, 2009
  • Current Sale Recording Date: Sep 11, 2009
  • Current Sale Transaction ID: 1017525214
  • Current Sale Price: $138,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2009091101075650

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MTG GROUPLLC
  • First Mortgage Transaction Date: Sep 11, 2009
  • First Mortgage Loan Amount: $119,352
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Virginia Beach



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$2,995 /mo

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401 Kings Point Road, Virginia Beach, VA, 23452 Listing by Jeff Babb

Frequently Asked Questions

What neighborhood is 550 Pheasant Run located in?
The 550 Pheasant Run is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 550 Pheasant Run?
The average sales price for units in 550 Pheasant Run is $0 currently.

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