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2640 Mulberry Loop

2640 Mulberry Loop, Virginia Beach, VA 23456
Sold Jul 28, 2020
$440,000
$450,120 by The Federal Savings Bank
Mortgage Due Aug 01, 2050
Sold Jun 15, 2012
$317,000
$323,815 by New American Mortgage Llc
Mortgage
Local assessors in Virginia Beach, VA have categorized 2640 Mulberry Loop as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 10,582 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2640 Mulberry Loop has a total of 2,239 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 402 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2640 Mulberry Loop sold most recently in Jul 17, 2020 for a total of $440,000. If you work out the math, that's approximately a cost of $196.52 per sqft. Before that, the property was also sold for $317,000 in Jun 14, 2012. 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 $4,657 in taxes each year. 2640 Mulberry Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $470,400. If we break it down further, the land itself was valued at $180,000. Improvements to the property, however, were assessed at a total of $290,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Driveway

Driveway

Parking

Garage Parking
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 402
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,582
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,239
  • Building Area: 2,239
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,239
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CASTLETON
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CASTLETON AT LONDON BR IDGE VILLAGE A SEC TWO LOT 76

Ownership

  • Current Owner : DAVISON NICHOLAS ROBERT
  • Current Owner 2: EWING JESSICA MARIE
  • Previous Owner : ADAMS RYAN W
  • Owner Before Previous Owner: SVEINBJORNSSON EGILL R
  • Owner Before Previous Owner 2: WHEELEY STELLA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045431

Zoning

  • Zoning: 12

Geography

  • Parcel: 24051107420000
  • Lot: 76
  • Municipality: ROSE HALL
  • Latitude: 36.7771
  • Longitude: -76.0478

    Address

  • Full Address: 2640 Mulberry Loop
  • Address - House Number: 2640
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Loop
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: R017
  • 4-Digit Zip Code: 7800
  • Zip Code: 23456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,657
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.133
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 550,143
  • High Value: 623,359
  • Low Value: 476,927

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,120
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Loan Amount: $450,120
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $470,400
  • Market Land Value: $180,000
  • Market Improvement Value: $290,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,400
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $290,400

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 28, 2020
  • Current Sale Transaction ID: 11776514979
  • Current Sale Price: $440,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20200728000660930
  • Previous Sale Recording Date: Jun 15, 2012
  • Previous Sale Contract Date: Jun 14, 2012
  • Previous Sale Amount: $317,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jul 28, 2020
  • First Mortgage Loan Amount: $450,120
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 15, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $323,815
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Virginia Beach



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Frequently Asked Questions

What neighborhood is 2640 Mulberry Loop located in?
The 2640 Mulberry Loop is a house located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 2640 Mulberry Loop?
The average sales price for units in 2640 Mulberry Loop is $435,000 , or $177/sqft. currently.

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