2221 Olmstead Ln Virginia Beach, VA 23456
Virginia Beach Central Neighborhood
4
Beds
3.5
Baths
2,701
Sq Ft
2013
Built
Highlights
- Finished Room Over Garage
- Cathedral Ceiling
- Cottage
- Three Oaks Elementary School Rated A
- Main Floor Primary Bedroom
- Porch
About This Home
As of October 2024Welcome to this charming 4-bedroom, 3.5-bath beautifully maintained home in the highly desirable Sherwood Lakes community. Step inside and be greeted by a bright and open floor plan designed for modern living. The living room boasts a cozy gas fireplace, while the kitchen offers a breakfast bar, lots of storage and upgraded appliances perfect for any home chef. The home features four spacious bedrooms including first-floor primary bedroom features vaulted ceiling, walk in closet and large ensuite bath. Great community amenities, including walking trails, picturesque lakes, and a playground. Close proximity to golf course, beaches, shopping and the newly opened Shorebreak restaurant is right outside the neighborhood—an ideal blend of suburban tranquility and vibrant local life. Don't miss this opportunity to make this house your new home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,825
Year Built
- Built in 2013
Lot Details
- Privacy Fence
- Back Yard Fenced
HOA Fees
- $170 Monthly HOA Fees
Home Design
- Cottage
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,701 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Washer and Dryer Hookup
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- Walk-In Closet
Parking
- 2 Car Attached Garage
- Finished Room Over Garage
- Converted Garage
Outdoor Features
- Patio
- Porch
Schools
- Three Oaks Elementary School
- Princess Anne Middle School
- Kellam High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
Overview
- Atlantic Community Management Association
- Sherwood Lakes Subdivision
Amenities
- Door to Door Trash Pickup
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2024
Closed on
Oct 21, 2024
Sold by
Sovich Clifford J
Bought by
Kaufman Robert and Kaufman Patricia
Seller's Agent
Amy Doll
RE/MAX Alliance
Buyer's Agent
Natalie Stamey
The Real Estate Group
List Price
$674,900
Sold Price
$660,000
Premium/Discount to List
-$14,900
-2.21%
Total Days on Market
40
Views
146
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
$31,766
Avg. Annual Appreciation
8.29%
Original Mortgage
$100,000
Outstanding Balance
$99,516
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$592,250
Purchase Details
Closed on
Oct 30, 2013
Sold by
Home Associates Of Va Inc
Bought by
Sovich Clifford J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,772
Interest Rate
4.52%
Mortgage Type
VA
Map
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Similar Homes in Virginia Beach, VA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $660,000 | Fidelity National Title | |
| Warranty Deed | $408,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $416,772 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2024 10/23/24 | Sold | $660,000 | -2.2% | $244 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $674,900 | -- | $250 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $6,139 | $632,900 | $250,000 | $382,900 |
| 2023 | $5,825 | $588,400 | $171,000 | $417,400 |
| 2022 | $5,426 | $548,100 | $155,000 | $393,100 |
| 2021 | $4,740 | $478,800 | $149,800 | $329,000 |
| 2020 | $4,597 | $451,800 | $149,800 | $302,000 |
| 2019 | $4,552 | $429,900 | $149,800 | $280,100 |
| 2018 | $4,310 | $429,900 | $149,800 | $280,100 |
| 2017 | $4,159 | $414,900 | $149,800 | $265,100 |
| 2016 | $4,108 | $414,900 | $149,800 | $265,100 |
| 2015 | $4,020 | $406,100 | $156,000 | $250,100 |
| 2014 | $1,451 | $400,800 | $156,000 | $244,800 |
Source: Public Records
Source: Real Estate Information Network (REIN)
MLS Number: 10548286
APN: 2403-79-4255-0163
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