$185,000
SOLD APR 2, 2025
2 Beds
2 Baths
969 Sq Ft
1985 Built

Recently Sold

$191 Per Sq Ft

7% Below List Price

34 Days on Market

Highlights

  • City Lights View
  • Wood Burning Stove
  • Sun or Florida Room
  • Plaza Middle School Rated A
  • Attic
  • End Unit

About This Home

As of April 2025

Well maintained home close to everything in Virginia Beach! Priced to sell and perfect for any first time homeowner or investor. Close to military bases, unlimited dining options, Lynnhaven and Pembroke Mall, Virginia Beach Amphitheater, Virginia Beach Aquarium and most importantly THE BEACH! Do not delay, this home will not last! Monthly Condo fees include trash collection and maintenance of exterior grounds including the shared pool for residents. Brand new exterior vinyl siding.

Last Agent to Sell the Property

Jill Milanesi

Weichert Realtors-KBL Companies Listed on: 02/10/2025

Weichert Realtors-KBL Companies

Last Buyer's Agent

Chanel Johnson

NextHome SLH Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,497

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • Corner Lot

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 969 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Sun or Florida Room
  • Utility Closet
  • Storage Room
  • Utility Room
  • City Lights Views
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lynnhaven Elementary School
  • Plaza Middle School
  • Green Run High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Sewer Paid

Community Details

Overview

  • Jo Burden / 757 497 5752 Association
  • Low-Rise Condominium
  • All Others Area 45 Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,497

Year Built

Built in 1985

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Lo Rise
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: 75+
  • Master Model: No
  • Unit Description: 1 Living Lvl, Corner Unit, End Unit
  • LP/ Sq Ft: 194.01
  • Estimated Year Built: 1985
  • Association Legal Name: Lyme Regis Condo Association
  • Management Company: Jo Burden / 757-497-5752
  • H O A Assoc Legal Name: United Property Associates
  • Address Street Name Website: Lyme Regis
  • Address Website: 2904 Lyme Regis QUAY
  • Fees H O A P O A Monthly: 325
  • Fence: No
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Interior Amenities: Fireplace Wood, Scuttle Access, Walk-In Closet, Wood Stove
  • Fireplaces Number: 1
  • Equipment: Ceiling Fan
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: Assigned Storage, Attic, Pantry, Sun Room, Utility Closet, Utility Room
  • Appliances: Dishwasher, Disposal, Dryer, Dryer Hookup, Elec Range, Refrigerator, Washer, Washer Hookup
  • Stories Number: 1.0000
  • Estimated Sq Ft: 969

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: None
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Composite
  • View: City
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Assigned/Reserved

Utilities

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

Condo/Co-op/Association

  • Amenities COA/POA: Ground Maint, Pool, Sewer, Trash Pickup
  • Association Fee Frequency: Monthly

Lot Info

  • Waterfront YN: No
  • Zoning: A18

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 1497

MLS Schools

  • Elementary School: Lynnhaven Elementary
  • School High School: Green Run
  • Middle School: Plaza Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
Mar 31, 2025
Sold by
Esposito Jennifer and Esposito Tony
Bought by
Redding Derrick
Seller's Agent
Jill Milanesi
Weichert Realtors-KBL Companies
Buyer's Agent
Chanel Johnson
NextHome SLH Real Estate Group
List Price
$199,999
Sold Price
$185,000
Premium/Discount to List
-$14,999
-7.5%
Views
160
Current Estimated Value
$185,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309
Avg. Annual Appreciation
0.29%
Original Mortgage
$179,450
Outstanding Balance
$178,528
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$6,781

Purchase Details

Closed on
Jan 27, 2016
Sold by
Commonwealth Trustees Llc Substitute Tru and Rial James R
Bought by
Esposito Tony

Purchase Details

Closed on
Aug 10, 2004
Sold by
James Imogene
Bought by
Rial James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 1999
Sold by
G W S Associates
Bought by
James Imogene T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $185,000 First American Title Insurance
Trustee Deed $51,000 None Available
Deed $91,500 --
Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $179,450 New Conventional
Previous Owner $80,000 New Conventional
Previous Owner $55,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2025 04/02/25 Sold $185,000 -1.6% $191 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/12/2025 03/12/25 Price Changed $188,000 -6.0% $194 / Sq Ft
02/10/2025 02/10/25 For Sale $199,999 -- $206 / 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
2025 $1,467 $163,000 $60,000 $103,000
2024 $1,467 $151,200 $60,000 $91,200
2023 $1,334 $134,700 $53,000 $81,700
2022 $1,156 $116,800 $47,000 $69,800
2021 $928 $93,700 $35,000 $58,700
2020 $860 $84,500 $30,000 $54,500
2019 $800 $74,900 $27,000 $47,900
2018 $751 $74,900 $27,000 $47,900
2017 $751 $74,900 $27,000 $47,900
2016 $753 $76,100 $27,000 $49,100
2015 $753 $76,100 $27,000 $49,100
2014 $656 $62,500 $21,500 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10569594

Real Estate Information Network (REIN)

APN: 1496-29-4468-1170