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638 Pinewood Drive

638 Pinewood Drive, Virginia Beach, VA 23451
Sold May 17, 2021
$240,000
$192,000 by Greenway Funding Group Inc
Mortgage Due Jun 01, 2051
Sold Jul 05, 2016
$182,000
638 Pinewood Drive in Virginia Beach, VA was first built in 1984 and is 40 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. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 638 Pinewood Drive has 1,105 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. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. 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 alum/vinyl siding. 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. 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. 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, 638 Pinewood Drive sold most recently in May 13, 2021 for a total of $240,000. If you work out the math, that's approximately a cost of $217.19 per sqft. Before that, the property was also sold for $182,000 in Jun 28, 2016. 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 $2,277 in taxes each year. 638 Pinewood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $230,000. If we break it down further, the land itself was valued at $85,000. Improvements to the property, however, were assessed at a total of $145,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • 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: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,105
  • Building Area: 1,105
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,105
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RUNNINGTON PLACE
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: RUNNINGTON PLACE CONDO PINEWOOD M-1 BK 8 BLDG D UNIT 6

Ownership

  • Current Owner : CUMMINGS SARAH WINSTON
  • Previous Owner : FOLEY WILLIAM P
  • Owner Before Previous Owner: JOSHUA BUTCHKOSI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044007

Zoning

  • Zoning: 3

Geography

  • Assessors Map Reference: PM L082
  • Parcel: 24270404489820
  • Block: 8
  • Municipality: BEACH
  • Latitude: 36.8383
  • Longitude: -75.9811

    Address

  • Full Address: 638 Pinewood Dr
  • Address - House Number: 638
  • Address - Street Name: Pinewood
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 4431
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,277
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.1398
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 302,329
  • High Value: 344,607
  • Low Value: 260,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,000
  • First Open Lien Mortgage Lender: GREENWAY FUNDING GROUP INC
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $192,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $85,000
  • Market Improvement Value: $145,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,000
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $145,000

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11835917970
  • Current Sale Price: $240,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103040953
  • Previous Sale Recording Date: Jul 05, 2016
  • Previous Sale Contract Date: Jun 28, 2016
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENWAY FUNDING GROUP INC
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $192,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Northeast Virginia Beach



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Nearby Rentals

Unit for rent at

$1,495 /mo

  • 1 Bed
  • 1 Bath
  • 770 ft²
Listing by Benjamin Orewiler
Unit for rent at

$1,395 /mo

  • 2 Beds
  • 1 Bath
  • 960 ft²
Listing by Karen Gleason
Unit for rent at

$1,499 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
Listing by Manager
Unit for rent at

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 599 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 638 Pinewood Drive located in?
The 638 Pinewood Drive is a townhouse located in the neighborhood of Downtown Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 638 Pinewood Drive?
The average sales price for units in 638 Pinewood Drive is $0 currently.

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