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928 Ludway Court

928 Ludway Court, Virginia Beach, VA 23454
Sold Mar 26, 2020
$490,000
$465,500 by Us Mortgage Corp
Mortgage Due Apr 01, 2050
Sold Nov 16, 2010
$345,000
Seller
$153,000 by Navy Federal Credit Union
Mortgage
928 Ludway Court in Virginia Beach, VA was first built in 1982 and is 42 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 928 Ludway Court has 2,628 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. In total, the area measurement of the land is 11,049 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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. For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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 heat pump. 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, 928 Ludway Court sold most recently in Mar 20, 2020 for a total of $490,000. If you work out the math, that's approximately a cost of $186.45 per sqft. Before that, the property was also sold for $345,000 in Nov 10, 2010. 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 $5,836 in taxes each year. 928 Ludway Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $589,500. If we break it down further, the land itself was valued at $225,000. Improvements to the property, however, were assessed at a total of $364,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • 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: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,049
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,628
  • Building Area: 2,628
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,628
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREAT NECK MEADOWS
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREAT NECK MEADOWS SEC 2 PT 4 BK G LOT 10

Ownership

  • Current Owner : SMITH SETH
  • Current Owner 2: SMITH MEREDITH
  • Previous Owner : BOOTH KRISTA A
  • Previous Owner 2: BROOKS KRISTA
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044402

Zoning

  • Zoning: 12

Geography

  • Assessors Map Reference: PM J063
  • Parcel: 24082173390000
  • Block: G
  • Lot: 10
  • Municipality: LYNNHAVEN
  • Latitude: 36.8585
  • Longitude: -76.0394

    Address

  • Full Address: 928 Ludway Ct
  • Address - House Number: 928
  • Address - Street Name: Ludway
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 2851
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,836
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.1301
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 85
  • Final Value: 672,160
  • High Value: 759,629
  • Low Value: 584,691

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,500
  • First Open Lien Mortgage Lender: US MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 26, 2020
  • First Open Lien Mortgage Loan Amount: $465,500
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $589,500
  • Market Land Value: $225,000
  • Market Improvement Value: $364,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $589,500
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $364,500

    Sales

  • Current Sale Contract Date: Mar 20, 2020
  • Current Sale Recording Date: Mar 26, 2020
  • Current Sale Transaction ID: 11769324524
  • Current Sale Price: $490,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20200326000279410
  • Previous Sale Recording Date: Nov 16, 2010
  • Previous Sale Contract Date: Nov 10, 2010
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 26, 2020
  • First Mortgage Loan Amount: $465,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Nov 16, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $153,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 928 Ludway Court located in?
The 928 Ludway Court is a located in the neighborhood of Northeast Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 928 Ludway Court?
The average sales price for units in 928 Ludway Court is $0 currently.

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