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621 Abbey Drive

621 Abbey Drive, Virginia Beach, VA 23455
Sold Sep 24, 2020
$305,000
$244,000 by Ovm Financial Inc
Mortgage Due Oct 01, 2050
621 Abbey 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 1968 and is 56 years old. The home has a total of 8 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, 621 Abbey Drive has 1,956 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 8,866 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 364 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 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 and being fueled with gas. 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 Sep 16, 2020 for $305,000. That's $155.93 per sqft. 621 Abbey Drive was last assessed in 2023. The total value of the property was assessed at $352,600. Specifically, the land the property is located on was valued at $142,600. While improvements on the property were assessed at a total of $210,000. 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 $3,491. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

Brick Exterior
Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • 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: Paneling
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,866
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,956
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PEMBROKE MEADOWS
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PEMBROKE MEADOWS SEC 1 LOT 136

Ownership

  • Current Owner : MAHMOUD WAEL
  • Previous Owner : FRANK ERIC C
  • Previous Owner 2: FRANK BECKY I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 041600

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM E064
  • Parcel: 14786078540000
  • Lot: 136
  • Municipality: BAYSIDE
  • Latitude: 36.8588
  • Longitude: -76.1283

    Address

  • Full Address: 621 Abbey Dr
  • Address - House Number: 621
  • Address - Street Name: Abbey
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C046
  • 4-Digit Zip Code: 6504
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,491
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.1329
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 84
  • Final Value: 414,825
  • High Value: 469,979
  • Low Value: 359,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Loan Amount: $244,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $352,600
  • Market Land Value: $142,600
  • Market Improvement Value: $210,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,600
  • Assessed Land Value: $142,600
  • Assessed Improvements Value: $210,000

    Sales

  • Current Sale Contract Date: Sep 16, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Transaction ID: 11789705552
  • Current Sale Price: $305,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20200924000899800

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Sep 24, 2020
  • First Mortgage Loan Amount: $244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Northwest Virginia Beach



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Frequently Asked Questions

What neighborhood is 621 Abbey Drive located in?
The 621 Abbey 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 621 Abbey Drive?
The average sales price for units in 621 Abbey Drive is $315,000 , or $161/sqft. currently.

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