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5936 Buckminister Lane

5936 Buckminister Lane, Virginia Beach, VA 23462
1 Units For Sale
Unit for sale at 5936 Buckminister Lane, Virginia Beach, VA 23462

$249,500

  • 4 Beds
  • 2.5 Baths
  • 1,500 ft²
5936 Buckminister Lane, Virginia Beach, VA 23462 Listing by Mary Battle

5936 Buckminister Lane 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 7 rooms. 4 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, 5936 Buckminister Lane has 1,449 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 3,352 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 attached garage for those who require parking. The garage measured 264 sqft. According to our sources, there is one available parking space. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5936 Buckminister Lane sold most recently in Aug 9, 2023 for a total of $250,000. If you work out the math, that's approximately a cost of $172.53 per sqft. Before that, the property was also sold for $139,900 in Mar 27, 2017. 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 $1,830 in taxes each year. 5936 Buckminister Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,800. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $124,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • 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: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,352
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,449
  • Building Area: 1,449
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,449
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WESLEYAN FORREST
  • Land Acres: 0.077
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESLEYAN FORREST LOT 50

Ownership

  • Current Owner : VILLAFRANCO SAMUEL
  • Previous Owner : OLATUNBOSUN SAMUEL
  • Owner Before Previous Owner: HIPPENSTIEL MARK J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 040200

Zoning

  • Zoning: 2

Geography

  • Assessors Map Reference: PM B062
  • Parcel: 14680242580000
  • Lot: 50
  • Municipality: BAYSIDE
  • Latitude: 36.8638
  • Longitude: -76.1838

    Address

  • Full Address: 5936 Buckminister Ln
  • Address - House Number: 5936
  • Address - Street Name: Buckminister
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C050
  • 4-Digit Zip Code: 1434
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,830
  • Tax Rate Code Area: D04

    Appraisal Valuation

  • Standard Deviation: 0.064
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 97
  • Final Value: 249,755
  • High Value: 265,752
  • Low Value: 233,758

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,375
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Aug 10, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $255,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $184,800
  • Market Land Value: $60,000
  • Market Improvement Value: $124,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,800
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $124,800

    Sales

  • Current Sale Contract Date: Aug 09, 2023
  • Current Sale Recording Date: Aug 10, 2023
  • Current Sale Transaction ID: 11911096123
  • Current Sale Price: $250,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 30035
  • Previous Sale Recording Date: Apr 04, 2017
  • Previous Sale Contract Date: Mar 27, 2017
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Aug 10, 2023
  • First Mortgage Loan Amount: $255,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Apr 04, 2017
  • Previous Mortgage Loan Amount: $136,482
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Northwest Virginia Beach



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Frequently Asked Questions

What neighborhood is 5936 Buckminister Lane located in?
The 5936 Buckminister Lane is a located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
How many listings are currently for sale in 5936 Buckminister Lane?
There is a listing currently on the market for sale.
What is the average sales price for listings in 5936 Buckminister Lane?
The average sales price for units in 5936 Buckminister Lane is $249,500 , or $166/sqft. currently.

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