See Home Value
Virginia Beach 23464
721 Lord Nelson Drive
$374,000 - $456,000
House - Off Market

721 Lord Nelson Drive

Virginia Beach, VA 23464
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1516 Sqft
Sold Feb 22, 2024
$260,000
Buyer
$260,000 by Equity Trust Co
Mortgage Due Feb 14, 2025

About This Property

Beautifully remodeled Ranch in the heart of Kempsville. Featuring open concept living space, wood burning fireplace, huge 10' Kitchen island, new appliances, updated bathrooms, luxury vinyl plank flooring, OVERSIZED detached garage! Blocks from  Kempsville High school, 2 minute drive to 264. Call today for your private tour!

The manager has listed the unit size as 1516 square feet.
Unit Size
1,516Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$274
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
May 14, 2024 No longer available -
No longer available
May 4, 2024 Listed $415,000
Listed
Feb 22, 2024 Sold to Inc Mx3 $260,000
Sold to Inc Mx3

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 858
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,025
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,516
  • Building Area: 1,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,516
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KEMPSVILLE COLONY
  • Land Acres: 0.299
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KEMPSVILLE COLONY SEC 2 LOT 12

Ownership

  • Current Owner : MX3 INC
  • Previous Owner : SAVAGE ROBERTA L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046006

Zoning

  • Zoning: 12

Geography

  • Assessors Map Reference: PM D101
  • Parcel: 14667527570000
  • Lot: 12
  • Municipality: KEMPSVILLE
  • Latitude: 36.818
  • Longitude: -76.162

    Address

  • Full Address: 721 Lord Nelson Dr
  • Address - House Number: 721
  • Address - Street Name: Lord Nelson
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C042
  • 4-Digit Zip Code: 2825
  • Zip Code: 23464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,791
  • Tax Rate Code Area: D03

    Appraisal Valuation

  • Standard Deviation: 0.1248
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 86
  • Final Value: 357,238
  • High Value: 401,822
  • Low Value: 312,655

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: EQUITY TRUST CO
  • First Open Lien Mortgage Recording Date: Feb 22, 2024
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 14, 2025

    Market Valuation

  • Market Total Value: $281,900
  • Market Land Value: $125,000
  • Market Improvement Value: $156,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $281,900
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $156,900

    Sales

  • Current Sale Contract Date: Feb 13, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Transaction ID: 11921464779
  • Current Sale Price: $260,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 7744

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY TRUST CO
  • First Mortgage Transaction Date: Feb 22, 2024
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 14, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,729 ft²
$227/ft²
$392,500 Sep 13, 2023
$392,500 Nov 30, 2023
-
House
4 Beds
2 Baths
2,118 ft²
$196/ft²
$414,900 Apr 25, 2024
-
$290/mo
House
4 Beds
3 Baths
2,521 ft²
$179/ft²
$450,000 May 4, 2024
-
$337/mo
House
5 Beds
2.5 Baths
3,023 ft²
$137/ft²
$415,000 Feb 29, 2024
-
$354/mo

About Virginia Beach


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Frequently Asked Questions

When was property at 721 Lord Nelson Drive built and last sold?
The property at 721 Lord Nelson Drive was built in 1955 and last sold on Feb 13, 2024 for $260,000.
How much is this home worth?
The estimated value of the home located at 721 Lord Nelson Drive is $417,245.
What are some comparable homes to 721 Lord Nelson Drive?
Homes that are comparable to 721 Lord Nelson Drive include a house property at 5404 Birnam Landing, 4944 Admiration Drive, 5279 East Valleyside Court.

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