$300,000
SOLD JAN 27, 2025
3 Beds
1.5 Baths
1,300 Sq Ft
4,286 Sq Ft Lot

Recently Sold

$231 Per Sq Ft

21 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • Central Air
  • Corporate Landing Middle School Rated A-
  • Community Playground
  • 1 Car Attached Garage

About This Home

As of January 2025

Enjoy the Virginia Beach lifestyle in this lovely 3 bedroom, 2 bath home. Located in the Magic Hollow neighborhood in Virginia Beach, you can enjoy everything that the area has to offer. Take some time and venture into Lynnhaven Mall or enjoy a meal at the tons of surrounding restaurants. With quick access to the interstate, you really don't need to look any further. This property has been well maintained and will make the perfect home for an individual or a family. For additional information, reach out the listing agent!

Last Agent to Sell the Property

Keisha Raspberry

Atlantic Sotheby's International Realty Listed on: 12/20/2024

Atlantic Sotheby's International Realty

Last Buyer's Agent

Charlene Waler

Better Homes&Gardens R.E. Native American Grp

Better Homes&Gardens R.E. Native American Grp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1977

Lot Details

  • 4,286 Sq Ft Lot
  • Chain Link Fence
  • Back Yard Fenced
  • Property is zoned PDH1

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Attic

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Storage Shed

Schools

  • Holland Elementary School
  • Corporate Landing Middle School
  • Ocean Lakes High School

Utilities

  • Central Air
  • Electric Water Heater

Community Details

Overview

  • Magic Hollow Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,252

Year Built

Built in 1977

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Traditional
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • LP/ Sq Ft: 230.77
  • Estimated Year Built: 1977
  • H O A Assoc Legal Name: Magic Hollow Homeowner's Association
  • Address Street Name Website: New Land
  • Address Street Num Website: 1282
  • Address Website: 1282 New Land DR
  • Fees H O A P O A Monthly: 21
  • Fence: Yes
  • Market Time: 1
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Flooring Type: Laminate/LVP
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • First Floor Bedroom/Full Bathrooms: No
  • Other Rooms: Attic
  • Appliances: Dishwasher, Disposal, Dryer, Elec Range, Refrigerator, Washer
  • Stories Number: 2.0000
  • Estimated Sq Ft: 1300

Exterior Features

  • Exterior Features: Storage Shed
  • Exterior Siding: Vinyl
  • Fence Description: Back Fenced, Chain Link
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 1 Car, Driveway Spc
  • Garage Sq Ft: 276

Utilities

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

Condo/Co-op/Association

  • Amenities COA/POA: Playgrounds
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Holland Elementary
  • Middle School: Corporate Landing Middle
  • High School: Ocean Lakes

Lot Info

  • Waterfront YN: No
  • Zoning: PDH1
  • Estimated Acres: 0.0984

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2252

MLS Schools

  • Elementary School: Holland Elementary
  • School High School: Ocean Lakes
  • Middle School: Corporate Landing Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2024
Closed on
Jan 24, 2025
Sold by
Valero Shirley S and Valero Rolando C
Bought by
Castro Davi and Castro Ashley
Seller's Agent
Keisha Raspberry
Atlantic Sotheby's International Realty
Buyer's Agent
Charlene Waler
Better Homes&Gardens R.E. Native American Grp
List Price
$300,000
Sold Price
$300,000
Views
45
Current Estimated Value
$302,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,977
Avg. Annual Appreciation
1.65%
Original Mortgage
$306,450
Outstanding Balance
$304,308
Interest Rate
5.84%
Mortgage Type
VA
Estimated Equity
-$1,447

Purchase Details

Closed on
Jul 18, 2003
Sold by
Burwell Glenn
Bought by
Valero Rolando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,118
Interest Rate
5.34%
Mortgage Type
FHA
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 $300,000 Chicago Title
Deed $107,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,450 VA
Previous Owner $144,000 New Conventional
Previous Owner $106,118 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $300,000 0.0% $231 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
12/20/2024 12/20/24 For Sale $300,000 -- $231 / 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 $2,519 $259,700 $120,000 $139,700
2023 $2,252 $227,500 $95,900 $131,600
2022 $2,021 $204,100 $74,200 $129,900
2021 $1,871 $189,000 $70,700 $118,300
2020 $1,844 $181,200 $65,100 $116,100
2019 $1,790 $166,800 $57,400 $109,400
2018 $1,672 $166,800 $57,400 $109,400
2017 $1,628 $162,400 $57,400 $105,000
2016 $1,532 $154,700 $56,000 $98,700
2015 $1,472 $148,700 $58,100 $90,600
2014 $1,373 $137,600 $56,700 $80,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10563847

Real Estate Information Network (REIN)

APN: 1496-40-3864