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5545 Botanical Drive

5545 Botanical Drive, Virginia Beach, VA 23455
Sold Nov 18, 2020
$405,000
$215,000 by Southern Trust Mortgage Llc
Mortgage Due Dec 01, 2050
Sold Apr 22, 2014
$369,367
$356,161 by Flagstar Bank Fsb
Mortgage
5545 Botanical Drive in Virginia Beach, VA was first built in 2014 and is 10 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5545 Botanical Drive has 2,198 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.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip 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 483 sqft. There are a total of 2 available parking spaces. 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 concrete. 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 gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5545 Botanical Drive was last sold in Oct 28, 2020 for $405,000. According to our calculations, that's $184.26 per sqft. Prior to that sales transaction, the property was sold for $369,367 in Apr 16, 2014. Current property owners are expected to pay $4,764 in taxes per year. The property on 5545 Botanical Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $481,200. To break that down further, the land itself was valued at $170,000. While improvements to the property were assessed at a total of $311,200. 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. 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.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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Floating floor/laminate
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,198
  • Building Area: 2,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,198
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SAJO FARM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SAJO FARM A CONDO PHASE 101 UNIT 50

Ownership

  • Current Owner : SMITH STEPHEN MATTHEW
  • Current Owner 2: SMITH TORI LYNN
  • Previous Owner : BROOKS JENNIFER M
  • Owner Before Previous Owner: TERRY COMPANIES EIGHT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 040404

Geography

  • Parcel: 14683953570050
  • Municipality: KEMPSVILLE
  • Latitude: 36.8845
  • Longitude: -76.1741

    Address

  • Full Address: 5545 Botanical Dr
  • Address - House Number: 5545
  • Address - Street Name: Botanical
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C054
  • 4-Digit Zip Code: 6778
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,764
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.131
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 485,489
  • High Value: 549,116
  • Low Value: 421,861

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,000
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 18, 2020
  • First Open Lien Mortgage Loan Amount: $215,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $481,200
  • Market Land Value: $170,000
  • Market Improvement Value: $311,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,200
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $311,200

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Transaction ID: 11846534617
  • Current Sale Price: $405,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202000106106
  • Previous Sale Recording Date: Apr 22, 2014
  • Previous Sale Contract Date: Apr 16, 2014
  • Previous Sale Amount: $369,367
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 18, 2020
  • First Mortgage Loan Amount: $215,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Apr 22, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $356,161
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Northwest Virginia Beach



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Frequently Asked Questions

What neighborhood is 5545 Botanical Drive located in?
The 5545 Botanical Drive is a house located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
What is the average sales price for listings in 5545 Botanical Drive?
The average sales price for units in 5545 Botanical Drive is $405,000 , or $184/sqft. currently.

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