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5517 Port Royal Drive

5517 Port Royal Drive, Virginia Beach, VA 23462
Sold Nov 08, 2011
$228,000
$232,902 by Old Virginia Mortgage Inc
Mortgage
Sold Nov 08, 2011
$293,123
5517 Port Royal Drive has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5517 Port Royal Drive has 1,796 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 376 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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 frame control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 5517 Port Royal Drive sold most recently in Nov 2, 2011 for a total of $228,000. If you work out the math, that's approximately a cost of $126.95 per sqft. Before that, the property was also sold for $293,123 in Oct 25, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,043 in taxes each year. 5517 Port Royal Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $307,400. 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 $207,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2001
  • Effective Year Built: 2001
  • 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
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 376
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,796
  • Building Area: 1,796
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,796
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WITCHDUCK LAKE CONDOMINIUMS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: WITCHDUCK LAKE CONDO PHASE 8 UNIT 38

Ownership

  • Current Owner : MOJADO REDENTOR T
  • Previous Owner : US ARMY CORPS OF ENGINEERS
  • Owner Before Previous Owner: EBERT CHRISTOPHER
  • Owner Generation Identifier: JR

Neighborhood

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

Zoning

  • Zoning: 1

Geography

  • Parcel: 14677929770038
  • Municipality: KEMPSVILLE
  • Latitude: 36.8573
  • Longitude: -76.1641

    Address

  • Full Address: 5517 Port Royal Dr
  • Address - House Number: 5517
  • Address - Street Name: Port Royal
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C051
  • 4-Digit Zip Code: 7187
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,043
  • Tax Rate Code Area: D04

    Appraisal Valuation

  • Standard Deviation: 0.1306
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 347,202
  • High Value: 392,553
  • Low Value: 301,850

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,902
  • First Open Lien Mortgage Lender: OLD VIRGINIA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 08, 2011
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $232,902
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $307,400
  • Market Land Value: $100,000
  • Market Improvement Value: $207,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $307,400
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $207,400

    Sales

  • Current Sale Contract Date: Nov 02, 2011
  • Current Sale Recording Date: Nov 08, 2011
  • Current Sale Transaction ID: 1002146547
  • Current Sale Price: $228,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2011110801156960
  • Previous Sale Recording Date: Nov 08, 2011
  • Previous Sale Contract Date: Oct 25, 2011
  • Previous Sale Amount: $293,123
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD VIRGINIA MORTGAGE INC
  • First Mortgage Transaction Date: Nov 08, 2011
  • First Mortgage Loan Amount: $232,902
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 5517 Port Royal Drive located in?
The 5517 Port Royal Drive 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 5517 Port Royal Drive?
The average sales price for units in 5517 Port Royal Drive is $0 currently.

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