See Home Value
$1,102,368*
House - Off Market

905 Penguin Place

Virginia Beach, VA 23451
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2500 Sqft
$702,000 - $858,000
Reference Base Price*
41.33%
Since Jun 1, 2020
National-US
Primary Model
Sold Jul 31, 2020
$760,000
$608,000 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2050

About This Property

Waterfront! Extremely cozy wonderful half acre+ lot in the heart of Birdneck Point. Flood insurance NOT required, a high lot with a vintage 2,300 square foot home built in 1951. A second-floor in-law suite with a private back entrance and great water views of Linkhorn Bay.  Home has two additional bedrooms, 2.5 bathrooms, wood floors, sunroom with overview of water paneled in fine cherry paneling.  Fireplace in the living room, fireplace in the sunroom overlooking the water, oak hardwood floors and plaster walls, dining room, kitchen, and laundry room complete this home.  Mature trees providing a magnificent canopy of shade, back yard boasts great water views, rolling lawn, and extensive back deck for great sunset watching. Enclosed dog run area nestled between back deck and very large garden shed. New architectural roof 2018, Thermopane windows in 2003. Gas pack 2012 with a two-year warranty left.  Stone bulkhead, floating dock, shed and a 616 square foot garage with workshop.

The manager has listed the unit size as 2500 square feet.
Unit Size
2,500Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$312
Property Type
House
Property Taxes
$7,330
HOA Dues
-
Year Built
2021

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold to Jennifer Newman, Michael B ... $760,000
Sold to Jennifer Newman, Michael B ...
May 23, 2020 No longer available -
No longer available
Apr 22, 2020 Listed $780,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 759
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 26,891
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,513
  • Building Area: 4,513
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,513
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BIRDNECK POINT
  • Land Acres: 0.617
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BIRDNECK POINT CLUB SEC LOT 102

Ownership

  • Current Owner : NEWMAN MICHAEL B
  • Current Owner 2: NEWMAN JENNIFER
  • Previous Owner : SMITH LINCOLN JOSEPH
  • Previous Owner 2: LINCOLN JOSEPH SMITH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044600

Zoning

  • Zoning: 17

Geography

  • Assessors Map Reference: PM K064
  • Parcel: 24182196580000
  • Lot: 102
  • Municipality: LYNNHAVEN
  • Latitude: 36.8586
  • Longitude: -76.0044

    Address

  • Full Address: 905 Penguin Pl
  • Address - House Number: 905
  • Address - Street Name: Penguin
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C023
  • 4-Digit Zip Code: 4934
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,479
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.0937
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 91
  • Final Value: 1,519,544
  • High Value: 1,662,065
  • Low Value: 1,377,024

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $858,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Loan Amount: $608,000
  • 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: Aug 01, 2050
  • Second Open Lien Mortgage Lender: LOANDEPOT COM LLC
  • Second Open Lien Mortgage Recording Date: May 31, 2023
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 17, 2053

    Market Valuation

  • Market Total Value: $1,361,500
  • Market Land Value: $630,000
  • Market Improvement Value: $731,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,361,500
  • Assessed Land Value: $630,000
  • Assessed Improvements Value: $731,500

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Transaction ID: 11777838694
  • Current Sale Price: $760,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20200731000678120

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 31, 2020
  • First Mortgage Loan Amount: $608,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
-
$1,962,000 Jan 26, 2021
$1,962,000 Apr 13, 2022
$1,460/mo
Condo
3 Beds
3.5 Baths
1,900 ft²
$342/ft²
$650,000 Apr 22, 2024
-
$893/mo

About Northeast Virginia Beach


Similar Homes for Sale

Unit for sale at 1268 Laskin Road, Virginia Beach, VA 23451

$650,000

  • 3 Beds
  • 3.5 Baths
  • 1,900 ft²
1268 Laskin Road #402, Virginia Beach, VA 23451 Listing by Teri Champion

Nearby Rentals

Unit for rent at 603 12th Street, Virginia Beach, VA, 23451

$3,400 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,308 ft²
603 12th Street, Virginia Beach, VA, 23451 Listing by Roswitha Bahadar-Vest
Unit for rent at 315 24th Street, Virginia Beach, VA, 23451

$1,950 /mo

  • 2 Beds
  • 2 Baths
315 24th Street #340, Virginia Beach, VA, 23451 Listing by Matthew Toller
Unit for rent at 114 54th Street, Virginia Beach, VA, 23451

$3,000 /mo

  • 5 Beds
  • 4 Baths
  • 2,500 ft²
114 54th Street #A, Virginia Beach, VA, 23451 Listing by Amber Parker


Frequently Asked Questions

When was property at 905 Penguin Place built and last sold?
The property at 905 Penguin Place was built in 2021 and last sold on Jul 28, 2020 for $760,000.
How much is this home worth?
The estimated value of the home located at 905 Penguin Place is $787,390.
What are some comparable homes to 905 Penguin Place?
There are currently no comparable homes to 905 Penguin Place.

Quantcast