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616 Pine Lake Drive

616 Pine Lake Drive, Virginia Beach, VA 23462
Property in Virginia Beach
Sold May 19, 2022
$383,000
$349,525 by Trident Home Loans
Mortgage Due Jun 01, 2052
Sold Dec 28, 2011
$240,000
$243,600 by Monarch Bank
Mortgage
616 Pine Lake 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 1982 and is 42 years old. The home has a total of 7 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, 616 Pine Lake Drive has 1,911 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 6,963 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 280 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 electricity. 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. The property was last sold in May 17, 2022 for $383,000. That's $200.42 per sqft. Prior to that sales transaction, the property was also sold in Dec 20, 2011 for $240,000. 616 Pine Lake Drive was last assessed in 2023. The total value of the property was assessed at $355,800. Specifically, the land the property is located on was valued at $119,500. While improvements on the property were assessed at a total of $236,300. 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 $3,522. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 280
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,963
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,911
  • Building Area: 1,911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,911
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LARKSPUR GREENS
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LARKSPUR GREENS SEC 3 LOT 11

Ownership

  • Current Owner : OCONNOR PATRICK WILLIAM
  • Current Owner 2: HIGHET GILLIAN
  • Previous Owner : LYONS ERICK A
  • Owner Before Previous Owner: BRITTON JOHN R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046011

Zoning

  • Zoning: 10

Geography

  • Assessors Map Reference: PM E102
  • Parcel: 14766511910000
  • Lot: 11
  • Municipality: KEMPSVILLE
  • Latitude: 36.8156
  • Longitude: -76.1315

    Address

  • Full Address: 616 Pine Lake Dr
  • Address - House Number: 616
  • Address - Street Name: Pine Lake
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C036
  • 4-Digit Zip Code: 4769
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,522
  • Tax Rate Code Area: D01

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 389,666
  • High Value: 444,532
  • Low Value: 334,800

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $349,525
  • First Open Lien Mortgage Lender: TRIDENT HOME LOANS
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $349,525
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $355,800
  • Market Land Value: $119,500
  • Market Improvement Value: $236,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $355,800
  • Assessed Land Value: $119,500
  • Assessed Improvements Value: $236,300

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Transaction ID: 11892082997
  • Current Sale Price: $383,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 29329
  • Previous Sale Recording Date: Dec 28, 2011
  • Previous Sale Contract Date: Dec 20, 2011
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT HOME LOANS
  • First Mortgage Transaction Date: May 19, 2022
  • First Mortgage Loan Amount: $349,525
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MONARCH BANK
  • Previous Mortgage Transaction Date: Dec 28, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $243,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Virginia Beach



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Frequently Asked Questions

What neighborhood is 616 Pine Lake Drive located in?
The 616 Pine Lake Drive is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 616 Pine Lake Drive?
The average sales price for units in 616 Pine Lake Drive is $0 currently.

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