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5933 Commonwealth Drive

5933 Commonwealth Drive, Virginia Beach, VA 23464
Property in Virginia Beach
Sold May 11, 2020
Transfer
Sold Jul 06, 2017
$155,000
$152,192 by Land Home Financial Services I
Mortgage
5933 Commonwealth 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 1978 and is 46 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, 5933 Commonwealth Drive has 1,360 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 2,033 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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 heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Prior to that sales transaction, the property was also sold in Jun 22, 2017 for $155,000. 5933 Commonwealth Drive was last assessed in 2023. The total value of the property was assessed at $201,100. Specifically, the land the property is located on was valued at $68,000. While improvements on the property were assessed at a total of $133,100. 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 $1,991. 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. 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: 1978
  • Effective Year Built: 1978
  • 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: Townhouse
  • 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
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,033
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,360
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LEVEL GREEN
  • Land Acres: 0.047
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LEVEL GREEN TOWNHOUSES SITE 111 PT 1 BK C LOT 3

Ownership

  • Current Owner : SAMUEL TINA LYNETTE
  • Previous Owner : SAMUEL TINA LYNETTE
  • Previous Owner 2: WEST TINA LYNETTE
  • Owner Before Previous Owner: SPENCER PAUL D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046221

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: PM B111
  • Parcel: 14564292420000
  • Block: C
  • Lot: 3
  • Municipality: CENTERVILLE
  • Latitude: 36.809
  • Longitude: -76.2043

    Address

  • Full Address: 5933 Commonwealth Dr
  • Address - House Number: 5933
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C086
  • 4-Digit Zip Code: 4505
  • Zip Code: 23464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,991
  • Tax Rate Code Area: D07

    Appraisal Valuation

  • Standard Deviation: 0.1491
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 81
  • Final Value: 256,013
  • High Value: 294,187
  • Low Value: 217,840

    Market Valuation

  • Market Total Value: $201,100
  • Market Land Value: $68,000
  • Market Improvement Value: $133,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,100
  • Assessed Land Value: $68,000
  • Assessed Improvements Value: $133,100

    Sales

  • Current Sale Contract Date: May 04, 2020
  • Current Sale Recording Date: May 11, 2020
  • Current Sale Transaction ID: 11761201198
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20200511000402120
  • Previous Sale Recording Date: Jul 06, 2017
  • Previous Sale Contract Date: Jun 22, 2017
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 11, 2020
  • First Mortgage Loan Amount: $149,022
  • First Mortgage Terms: 324
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: LAND HOME FINANCIAL SERVICES I
  • Previous Mortgage Transaction Date: Jul 06, 2017
  • Previous Mortgage Loan Amount: $152,192
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 5933 Commonwealth Drive located in?
The 5933 Commonwealth Drive is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 5933 Commonwealth Drive?
The average sales price for units in 5933 Commonwealth Drive is $0 currently.

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