1505 Indiana Ave Virginia Beach, VA 23454
Oceana Neighborhood
4
Beds
2.5
Baths
2,450
Sq Ft
0.74
Acres
Highlights
- 0.74 Acre Lot
- Transitional Architecture
- Breakfast Area or Nook
- Lynnhaven Middle School Rated A
- No HOA
- Porch
About This Home
As of October 2024This nearly new and meticulously maintained 4-bedroom private residence is beautifully situated on a generous ¾-acre lot, just a short distance from the heart of Virginia Beach. Offering a perfect blend of spacious living and modern comfort, the home features an open floor plan that enhances its versatility. The kitchen is a standout with its solid arc granite countertops and matching stainless steel, energy-efficient appliances. Generous room sizes and ample storage throughout add to the home’s appeal, complemented by a convenient 2-car attached garage. Relax in the cozy living area by the fireplace or enjoy the expansive backyard for outdoor gatherings. Ideally located near local military bases, shopping centers, dining options, and entertainment venues, with the beach only minutes away by car. Pre Listing Home Inspection conducted and report is available upon request.
Last Agent to Sell the Property
Richard Oliver
Redfin Corporation Listed on: 07/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,721
Year Built
- Built in 2019
Lot Details
- 0.74 Acre Lot
- Lot Dimensions are 242x207x260x125
- Property is Fully Fenced
- Wood Fence
- Property is zoned R5D
Home Design
- Transitional Architecture
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,450 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Utility Room
- Washer and Dryer Hookup
- Pull Down Stairs to Attic
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Outdoor Features
- Porch
Schools
- Birdneck Elementary School
- Lynnhaven Middle School
- First Colonial High School
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Oceana Gardens Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Oct 10, 2024
Sold by
Finch Michael W and Finch Laura M
Bought by
Sinclair Jonathan Ryan and Sinclair Cynthia Alyssa
Seller's Agent
Richard Oliver
Redfin Corporation
Buyer's Agent
Cindy Sinclair
Iron Valley Real Estate Prestige
List Price
$652,500
Sold Price
$540,000
Premium/Discount to List
-$112,500
-17.24%
Total Days on Market
38
Views
274
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
$7,031
Avg. Annual Appreciation
2.11%
Original Mortgage
$540,000
Outstanding Balance
$536,944
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$10,087
Purchase Details
Closed on
May 28, 2019
Sold by
Ocean Bay Homes Inc
Bought by
Finch Michael W and Finch Laura M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,728
Interest Rate
4.1%
Mortgage Type
VA
Purchase Details
Closed on
May 24, 2018
Sold by
City Of Virginia Beach A Municipal Corpo
Bought by
Ocean Bay Homes Inc A Virginia Corporati
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,905
Interest Rate
4.5%
Mortgage Type
Construction
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 |
|---|---|---|---|
| Deed | $540,000 | Priority Title | |
| Deed | $540,000 | Priority Title | |
| Warranty Deed | $377,000 | Attorney | |
| Special Warranty Deed | $190,400 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $540,000 | VA | |
| Closed | $540,000 | VA | |
| Previous Owner | $370,074 | VA | |
| Previous Owner | $383,728 | VA | |
| Previous Owner | $229,905 | Construction | |
| Previous Owner | $240,345 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2024 10/17/24 | Sold | $540,000 | +0.9% | $220 / Sq Ft |
| 09/03/2024 09/03/24 | Pending | -- | -- | -- |
| 08/29/2024 08/29/24 | Price Changed | $535,000 | -14.4% | $218 / Sq Ft |
| 08/22/2024 08/22/24 | Price Changed | $625,000 | -3.5% | $255 / Sq Ft |
| 08/08/2024 08/08/24 | Price Changed | $647,500 | -0.8% | $264 / Sq Ft |
| 07/26/2024 07/26/24 | For Sale | $652,500 | -- | $266 / 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 | $4,962 | $501,200 | $147,500 | $353,700 |
| 2023 | $4,721 | $476,900 | $133,300 | $343,600 |
| 2022 | $4,392 | $443,600 | $100,000 | $343,600 |
| 2021 | $3,653 | $369,000 | $88,600 | $280,400 |
| 2020 | $3,703 | $363,900 | $82,900 | $281,000 |
| 2019 | $727 | $72,500 | $72,500 | $0 |
| 2018 | $727 | $72,500 | $72,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Richard Oliver
Redfin Corporation
(757) 264-8954
-
Cindy Sinclair
Buyer's Agent in 2024
Cindy Sinclair
Iron Valley Real Estate Prestige
(757) 239-9960
1 in this area
98 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10544486
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