NOT LISTED FOR SALE

Estimated Value: $640,000 - $679,000

2 Beds
2 Baths
943 Sq Ft
$517/mo HOA Fee

Last Sold April 07, 2022

Last sale price $540,000 $573 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,546/month

2 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Balcony
  • W.T. Cooke Elementary School Rated A-
  • Community Pool
  • Rear Porch

About This Home

As of April 2022

Spectacular oceanfront views of the Atlantic Ocean right from your own condo at Dolphin Run Condominiums. Located on the 10th floor you have amazing views up and down the world famous Virginia Beach Boardwalk, watch the dolphins swim by, or the surfers in the ocean. Or just simply sit and relax and watch the waves crash on the beach. The living room separates the 2 bedrooms and opens to the balcony. The 2 bedrooms each have their own full bathrooms. The kitchen opens to the bright and open dining and living area. Dolphin Run Condominiums offer on-site reserved parking, two elevators, laundry facilities, and 24-hour security. Amenities include a rooftop sundeck, indoor heated salt water pool and fitness center. The 3 mile Virginia Beach Boardwalk runs from 2nd to 40th Street, offers lots of shopping, restaurants, nearby playground, and even a fishing pier and features a separate bike path, ideal for strolling, rollerblading and biking. If you have been dreaming of living by the ocean – this is your chance.

Last Agent to Sell the Property

Denise Fleischmann

Liz Moore & Associates License #0225088694 Listed on: 03/10/2022

Liz Moore & Associates

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,868

Year Built

  • Built in 1975

HOA Fees

  • $517 Monthly HOA Fees

Home Design

  • Tar and Gravel Roof
  • Metal Siding
  • Stucco

Interior Spaces

  • 943 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Dining Area
  • Water Views

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Rear Porch

Schools

  • W T Cooke Elementary School
  • Vb Middle School
  • First Colonial High School

Utilities

  • Cooling Available
  • Heating Available
  • Water Heater

Additional Features

  • Accessible Elevator Installed
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 242-732-24032-120

Community Details

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,868

Year Built

Built in 1975

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1975
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: High Rise
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator
  • Accessibility Features: Accessible Elevator Installed
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Laminate Counters, Bath in Primary Bedroom, Main Level Primary, Window Treatments
  • Living Area: 943.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Tar/Gravel
  • Fencing: None
  • Pool Features: None, Community
  • View: Water
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Drywall, Metal Siding, Concrete, Stucco
  • Patio And Porch Features: Balcony, Rear Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Off Street

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Common Area
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Elevator, Fitness, Laundry Facilities, Pool
  • Amenities: Management
  • Association Fee: 517.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Structure, Pool(s), Sewer, Trash, Water

Schools

  • Middle Or Junior School: VB Middle

Lot Info

  • Parcel Number: 242-732-24032-120
  • Zoning Description: RT1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3868.0

MLS Schools

  • Elementary School: W T Cooke
  • High School: First Colonial High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
Terefe Yared Girma and Game Bayushe
Bought by
Ocean View Investment Llc
Current Estimated Value
$653,358

Purchase Details

Closed on
Oct 2, 2023
Sold by
Susan R Limor Trust
Bought by
Terefe Yared Girma and Game Bayushe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,600
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 30, 2022
Sold by
Nena Manoylovich
Bought by
Limor Susan R
Seller's Agent
Denise Fleischmann
Liz Moore & Associates
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Ocean View Investment Llc -- None Listed On Document
Terefe Yared Girma $613,500 Stewart Title
Limor Susan R $540,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terefe Yared Girma $485,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $540,000 +2.9% $573 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $525,000 -- $557 / Sq Ft
Source: Central Virginia Regional MLS

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 $5,633 $580,700 $88,600 $492,100
2023 $5,000 $505,000 $77,000 $428,000
2022 $4,247 $429,000 $65,400 $363,600
2021 $3,868 $390,700 $59,600 $331,100
2020 $3,975 $390,700 $59,600 $331,100
2019 $3,789 $345,300 $52,700 $292,600
2018 $3,462 $345,300 $52,700 $292,600
2017 $3,361 $335,300 $51,100 $284,200
2016 $3,491 $352,600 $53,800 $298,800
2015 $3,491 $352,600 $53,800 $298,800
2014 $2,779 $352,600 $53,800 $298,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2205743

Central Virginia Regional MLS

APN: 2427-32-2403-2120