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720 Drift Tide Drive

720 Drift Tide Drive, Virginia Beach, VA 23464
Property in Virginia Beach
Sold Oct 18, 2016
$89,000
$71,200 by Abnb Federal Credit Union
Mortgage
Sold Jun 14, 2004
$92,500
720 Drift Tide 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 1988 and is 36 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 720 Drift Tide Drive has 873 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 720 Drift Tide Drive was last sold in Oct 6, 2016 for $89,000. According to our calculations, that's $101.95 per sqft. Prior to that sales transaction, the property was sold for $92,500 in Jun 10, 2004. Current property owners are expected to pay $1,366 in taxes per year. The property on 720 Drift Tide Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $138,000. To break that down further, the land itself was valued at $54,500. While improvements to the property were assessed at a total of $83,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 873
  • Building Area: 873
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 873
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DRIFT TIDE
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: DRIFT TIDE CONDOMINIUM PHASE 1 UNIT 720

Ownership

  • Current Owner : HIXSON DENNIS E
  • Previous Owner : The Jordan Family Trust
  • Owner Before Previous Owner: ODOM DORIS B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046204

Zoning

  • Zoning: 2

Geography

  • Parcel: 14562703851720
  • Municipality: KEMPSVILLE
  • Latitude: 36.8222
  • Longitude: -76.2137

    Address

  • Full Address: 720 Drift Tide Dr
  • Address - House Number: 720
  • Address - Street Name: Drift Tide
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C064
  • 4-Digit Zip Code: 1845
  • Zip Code: 23464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,366
  • Tax Rate Code Area: D01

    Appraisal Valuation

  • Standard Deviation: 0.1339
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 155,684
  • High Value: 176,545
  • Low Value: 134,823

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,200
  • First Open Lien Mortgage Lender: ABNB FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Oct 18, 2016
  • First Open Lien Mortgage Loan Amount: $71,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $138,000
  • Market Land Value: $54,500
  • Market Improvement Value: $83,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,000
  • Assessed Land Value: $54,500
  • Assessed Improvements Value: $83,500

    Sales

  • Current Sale Contract Date: Oct 06, 2016
  • Current Sale Recording Date: Oct 18, 2016
  • Current Sale Transaction ID: 1856911261
  • Current Sale Price: $89,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20161018000939310
  • Previous Sale Recording Date: Jun 14, 2004
  • Previous Sale Contract Date: Jun 10, 2004
  • Previous Sale Amount: $92,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ABNB FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Oct 18, 2016
  • First Mortgage Loan Amount: $71,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 720 Drift Tide Drive located in?
The 720 Drift Tide Drive is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 720 Drift Tide Drive?
The average sales price for units in 720 Drift Tide Drive is $0 currently.

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