$485,000
SOLD JUN 30, 2024

1029 Draketail Ln Unit 2C Virginia Beach, VA 23451

Birdneck Neighborhood
3 Beds
2.5 Baths
2,119 Sq Ft
2011 Built

Recently Sold

$229 Per Sq Ft

3% Below List Price

49 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Attic
  • W.T. Cooke Elementary School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of June 2024

This spectacular brick town-home is in a gated community with a garage and two parking spaces just minutes from the Oceanfront! The owner has meticulously taken care of the beautiful home. This gorgeous home has an open floor plan with 10-foot ceilings and lovely hardwood floors. The kitchen has high-quality stainless-steel appliances that are only five years old with a Bosch dishwasher! Upstairs the HUGE light and airy owner’s suite has a his and hers closet with an additional walk-in closet and sitting area. The 2 spacious bedrooms are connected by a jack and jil bath. Outside enjoy the lovely private patio with a newly installed awing which provides plenty of shade. The HVAC is a Lennox that is only 3 years old, and the new water heater is only 4 months old. Enjoy the convenience of several great restaurants at the Oceanfront activities all year around! Make an offer on this Immaculately well taken care of home!

Last Agent to Sell the Property

Linda Wright

EXP Realty LLC Listed on: 05/06/2024

EXP Realty LLC

Last Buyer's Agent

James Baldwin

The Real Estate Group

The Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,153

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
  • Electric Fireplace
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

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

  • Patio
  • Property is Fully Fenced

Community Details

Overview

  • Community First Management Association
  • Beach Borough Subdivision
  • On-Site Maintenance

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,153

Year Built

Built in 2011

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Contemp
  • GarageYN: Yes
  • AICUZ - Crash: APZ2
  • AICUZ - Noise: 70-75
  • Master Model: No
  • Unit Description: 3 Living Lvl
  • LP/ Sq Ft: 228.88
  • Neighborhood Name: LINKHORN CREST CONDO
  • Estimated Year Built: 2011
  • Association Legal Name: Linkhorn Crest Condo
  • Management Company: Community First Management
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Draketail
  • Address Street Num Website: 1029
  • Address Website: 1029 Draketail LN
  • Fees Condo Monthly: 370
  • Fence: Yes
  • Market Time: 49
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 3
  • Year Built: 2011

Interior Features

  • Interior Amenities: Fireplace Electric
  • Fireplaces Number: 1
  • Equipment: Gar Door Opener, None
  • Flooring Type: Carpet, Ceramic, Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • First Floor Bedroom/Full Bathrooms: No
  • Other Rooms: Attic, PBR with Bath, Pantry
  • Appliances: Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup
  • Stories Number: 3.0000
  • Estimated Sq Ft: 2119

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Brick, Shingle
  • Fence Description: Full
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 1 Car, 2 Space
  • Garage Sq Ft: 286

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Electric, Forced Hot Air

Condo/Co-op/Association

  • Condo Level: 2
  • Amenities COA/POA: Gated Community, Ground Maint, Security
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: W.T. Cooke Elementary
  • Middle School: Virginia Beach Middle
  • High School: First Colonial

Lot Info

  • Waterfront YN: No
  • Zoning: A18

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 4153

MLS Schools

  • Elementary School: W.T. Cooke Elementary
  • School High School: First Colonial
  • Middle School: Virginia Beach Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jun 24, 2024
Sold by
Gloster Anthony E and Gloster Celeste
Bought by
Steinmetz John and Steinmetz Jennifer
Seller's Agent
Linda Wright
EXP Realty LLC
Buyer's Agent
James Baldwin
The Real Estate Group
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Total Days on Market
49
Views
57
Current Estimated Value
$509,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,128
Avg. Annual Appreciation
5.42%
Original Mortgage
$255,000
Outstanding Balance
$247,132
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$261,996

Purchase Details

Closed on
Oct 15, 2019
Sold by
Lacey Harry Robert
Bought by
Gloster Anthony E and Gloster Celeste

Purchase Details

Closed on
Mar 21, 2013
Sold by
Linkhorn Crest Llc
Bought by
Lacey Harry Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,385
Interest Rate
3.58%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $485,000 Landmark Title
Warranty Deed $330,000 Sage Title Llc
Warranty Deed $345,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Previous Owner $356,385 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2024 06/30/24 Sold $485,000 0.0% $229 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $485,000 -2.8% $229 / Sq Ft
05/06/2024 05/06/24 For Sale $499,000 -- $235 / Sq Ft
Source: Real Estate Information Network (REIN)

Tax History Compared to Growth

Source: Public Records

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 $3,909 $394,800 $115,000 $279,800
2021 $3,737 $377,500 $110,000 $267,500
2020 $3,409 $335,000 $110,000 $225,000
2019 $3,518 $342,700 $110,000 $232,700
2018 $3,436 $342,700 $110,000 $232,700
2017 $3,608 $359,900 $110,000 $249,900
2016 $3,304 $333,700 $99,300 $234,400
2015 $3,274 $330,700 $99,300 $231,400
2014 $2,935 $335,700 $110,800 $224,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10531280

Real Estate Information Network (REIN)

APN: 2418-60-9741-0203