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5525 Shadowwood Drive

5525 Shadowwood Drive, Virginia Beach, VA 23455
Sold Aug 30, 2018
$235,000
$223,250 by Bank Of America Na
Mortgage
Sold Sep 17, 2013
$213,000
$215,932 by Old Virginia Mortgage Inc
Mortgage
5525 Shadowwood 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 1960 and is 64 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5525 Shadowwood Drive has 1,412 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 9,879 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. 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 wood siding. While the interior walls have been made of paneling. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 5525 Shadowwood Drive sold most recently in Aug 24, 2018 for a total of $235,000. If you work out the math, that's approximately a cost of $166.43 per sqft. Before that, the property was also sold for $213,000 in Sep 9, 2013. 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 $2,548 in taxes each year. 5525 Shadowwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $257,400. If we break it down further, the land itself was valued at $104,000. Improvements to the property, however, were assessed at a total of $153,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,879
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,412
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GARDENWOOD PARK
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GARDENWOOD PARK LOT 69

Ownership

  • Current Owner : BOBBITT GARY L
  • Current Owner 2: BOBBITT PATRICIA A
  • Previous Owner : BACHMANN JACOB
  • Owner Before Previous Owner: LINDSEY MEAGAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 040403

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM C034
  • Parcel: 14693371100000
  • Lot: 69
  • Municipality: BAYSIDE
  • Latitude: 36.8934
  • Longitude: -76.1718

    Address

  • Full Address: 5525 Shadowwood Dr
  • Address - House Number: 5525
  • Address - Street Name: Shadowwood
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C055
  • 4-Digit Zip Code: 3518
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,548
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.1356
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 333,509
  • High Value: 378,759
  • Low Value: 288,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,250
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 30, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $223,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $257,400
  • Market Land Value: $104,000
  • Market Improvement Value: $153,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,400
  • Assessed Land Value: $104,000
  • Assessed Improvements Value: $153,400

    Sales

  • Current Sale Contract Date: Aug 24, 2018
  • Current Sale Recording Date: Aug 30, 2018
  • Current Sale Transaction ID: 11505127726
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180830000723050
  • Previous Sale Recording Date: Sep 17, 2013
  • Previous Sale Contract Date: Sep 09, 2013
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 30, 2018
  • First Mortgage Loan Amount: $223,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: OLD VIRGINIA MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 17, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $215,932
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Northwest Virginia Beach



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Frequently Asked Questions

What neighborhood is 5525 Shadowwood Drive located in?
The 5525 Shadowwood 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 5525 Shadowwood Drive?
The average sales price for units in 5525 Shadowwood Drive is $0 currently.

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