1025 Draketail Ln Unit 2B Virginia Beach, VA 23451
Birdneck Neighborhood
3
Beds
2.5
Baths
2,119
Sq Ft
2011
Built
Highlights
- Gated Community
- Deck
- Bar
- W.T. Cooke Elementary School Rated A-
- Contemporary Architecture
- Walk-In Closet
About This Home
As of January 2025Come see this absolutely gorgeous 3 bedroom, 2.5 bath completely renovated brick condo. Wonderful quiet gated community that is rare at the oceanfront. 9 Ft ceilings, remodeled kitchen with premium smart appliances, speed oven/microwave, wine cooler, craft ice, wood cabinets and granite. Backlit pantry, beautiful hammered farm sink, high end Brizio faucet and pot filler. Sustainably built to include LVP floors/stair treads, PVC trim paneling, stainless cable railings, LED lighting throughout, plantation shutters. Combined with new water heater, a brick exterior, new Trex Decking, vinyl fencing, this home requires little maintenance. Custom built his/her wood closets in primary with frosted glass barn doors, large drawers, jewelry drawer. Butcher-block workstation, storage cabinets, frosted glass door in laundry, smart washer/dryer. The garage has a kitchens worth of cabinets for storage and work area. Smart thermostat, doorbell and USB outlets. This home is full of modern Amenities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,215
Year Built
- Built in 2011
HOA Fees
- $370 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Property Attached
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Shingle Siding
Interior Spaces
- 2,119 Sq Ft Home
- 3-Story Property
- Bar
- Ceiling Fan
- Electric Fireplace
- Window Treatments
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Jack-and-Jill Bathroom
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Garage Door Opener
Schools
- W.T. Cooke Elementary School
- Virginia Beach Middle School
- First Colonial High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Deck
- Back Yard Fenced
Community Details
Overview
- Community First Management Association
- Beach Borough Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 25, 2024
Closed on
Jan 23, 2025
Sold by
Lipkin Matthew H and Mccoy Donna L
Bought by
Clayman Marc S and Molina Sherry L
Seller's Agent
Christina Sancilio
Wainwright Real Estate
Buyer's Agent
Christina Sancilio
Wainwright Real Estate
List Price
$575,000
Sold Price
$537,500
Premium/Discount to List
-$37,500
-6.52%
Total Days on Market
16
Views
95
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,070
Avg. Annual Appreciation
-1.07%
Original Mortgage
$300,000
Outstanding Balance
$299,467
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$235,963
Purchase Details
Closed on
Jun 29, 2022
Sold by
Taylor Griffith Daniel
Bought by
Lipkin Matthew H and Mccoy Donna L
Purchase Details
Closed on
Oct 27, 2014
Sold by
Burchett David E
Bought by
Griffith Daniel T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,900
Interest Rate
4.21%
Mortgage Type
VA
Purchase Details
Closed on
Mar 8, 2011
Sold by
Linkhorn Crest Llc
Bought by
Burchett David E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,476
Interest Rate
3.25%
Mortgage Type
FHA
Similar Homes in Virginia Beach, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $537,500 | Old Republic National Title | |
| Bargain Sale Deed | $451,000 | First American Title | |
| Warranty Deed | $346,500 | -- | |
| Warranty Deed | $316,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $353,900 | VA | |
| Previous Owner | $308,476 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2025 01/24/25 | Sold | $537,500 | -6.5% | $254 / Sq Ft |
| 12/11/2024 12/11/24 | Pending | -- | -- | -- |
| 11/25/2024 11/25/24 | For Sale | $575,000 | -- | $271 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,406 | $454,200 | $145,000 | $309,200 |
| 2023 | $4,215 | $425,800 | $125,000 | $300,800 |
| 2022 | $3,870 | $390,900 | $115,000 | $275,900 |
| 2021 | $3,701 | $373,800 | $110,000 | $263,800 |
| 2020 | $3,376 | $331,800 | $110,000 | $221,800 |
| 2019 | $3,484 | $339,400 | $110,000 | $229,400 |
| 2018 | $3,402 | $339,400 | $110,000 | $229,400 |
| 2017 | $3,572 | $356,300 | $110,000 | $246,300 |
| 2016 | $3,271 | $330,400 | $99,300 | $231,100 |
| 2015 | $3,241 | $327,400 | $99,300 | $228,100 |
| 2014 | $2,911 | $332,800 | $110,800 | $222,000 |
Source: Public Records
Agents Affiliated with this Home
-
Christina Sancilio
Seller's Agent in 2025
Christina Sancilio
Wainwright Real Estate
(757) 651-4895
1 in this area
61 Total Sales
-
Matt McCoy
M
Seller Co-Listing Agent in 2025
Matt McCoy
Wainwright Real Estate
(757) 478-5192
2 in this area
3 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10560279
APN: 2418-60-9741-0202
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