$689,000
SOLD DEC 19, 2024
2 Beds
2 Baths
965 Sq Ft
1975 Built

Recently Sold

$714 Per Sq Ft

77% Above List Price

3 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Community Pool
  • W.T. Cooke Elementary School Rated A-
  • Deep Water Access
  • Breakfast Area or Nook

About This Home

As of December 2024

OCEANFRONT, BOARDWALK BEACHHOME, SHORT-TERM-RENTAL!!! Placed back in the rental program this week & have bookings for 2025.
From the moment you close, there is nothing to do, but move-in or begin renting; even towels and sheets are there. This home has been lovingly cared for by the owners, who totally renovated it in 2016 (see documents attached for a list). You won't find a more beautiful and charming 2 bedroom, 2 bath beachfront home directly on the ocean in Virginia Beach. If you want a primary beachhome, a summer beach home, an AirBnB or a combination, then this is the property for you. The Building has an indoor swimming pool, gym and sun-deck!!

The owner has already done all the hard-work, including renovations and furnishings, right down to the dishes, pots & pans, towels, sheets, comforters; nothing has been overlooked. Now you get to enjoy the benefits.
Come see this one-of-a-kind home and make it your own.

Last Agent to Sell the Property

Regina Fletcher

Allison James Estates and Homes of Virginia LLC Listed on: 11/01/2024

Allison James Estates and Homes of Virginia LLC

Last Buyer's Agent

Anna Daugherty

Long & Foster Real Estate Inc.

Long & Foster Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,957

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Partially Fenced Property

HOA Fees

  • $729 Monthly HOA Fees

Home Design

  • Property Attached
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco Exterior Insulation and Finish Systems

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Garage
  • 1 Car Parking Space

Outdoor Features

  • Deep Water Access
  • Riparian rights to water flowing past the property
  • Balcony

Schools

  • W.T. Cooke Elementary School
  • Virginia Beach Middle School
  • First Colonial High School

Utilities

  • 220 Volts
  • Electric Water Heater
  • Sewer Paid

Community Details

Overview

  • Vacatia; Christine Kinley, Gm Association
  • High-Rise Condominium
  • Dolphin Run Condominium Subdivision

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,957

Year Built

Built in 1975

Lot Details

0

HOA Fees

$729 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: High-Rise
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: 70-75
  • Master Model: No
  • LP/ Sq Ft: 713.99
  • Estimated Year Built: 1975
  • Association Legal Name: Dolphin Run Condominium Association, Inc
  • Management Company: Vacatia; Christine Kinley, GM
  • H O A Assoc Legal Name: Dolphin Run Condominium Association, Inc
  • Address Street Name Website: Atlantic
  • Address Street Num Website: 303
  • Address Website: 303 Atlantic AVE
  • Fees Condo Monthly: 729
  • Fence: Yes
  • Market Time: 4
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Interior Amenities: Window Treatments
  • Flooring Type: Ceramic, Laminate/LVP
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Balcony, Breakfast Area, PBR with Bath
  • Appliances: 220 V Elec, Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
  • Stories Number: 1.0000
  • Estimated Sq Ft: 965

Exterior Features

  • Exterior Siding: EIFS, Stucco
  • Fence Description: Partial
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Tar and Gravel
  • Waterfront Description: Bay, Canal, Deep Water, Deep Water Access, Navigable, Ocean, Riparian Rights

Garage/Parking

  • Parking: Unit Gar, 1 Space

Utilities

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

Condo/Co-op/Association

  • Condo Level: 14
  • Amenities COA/POA: Elevator, Exercise Rm, Pool, Sewer, Water
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: W.T. Cooke Elementary
  • Middle School: Virginia Beach Middle
  • High School: First Colonial

Lot Info

  • Waterfront YN: Yes
  • Zoning: RT1

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 4957

MLS Schools

  • Elementary School: W.T. Cooke Elementary
  • School High School: First Colonial
  • Middle School: Virginia Beach Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Nov 13, 2024
Sold by
Witte Connie Rae
Bought by
Hansen Michael and Hansen Judith
Seller's Agent
Regina Fletcher
Allison James Estates and Homes of Virginia LLC
Buyer's Agent
Anna Daugherty
Long & Foster Real Estate Inc.
List Price
$389,000
Sold Price
$689,000
Premium/Discount to List
$300,000
77.12%
Total Days on Market
3
Views
15
Current Estimated Value
$691,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,692
Avg. Annual Appreciation
0.87%
Original Mortgage
$344,500
Outstanding Balance
$342,709
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$348,983

Purchase Details

Closed on
Aug 2, 2021
Sold by
Witte Greg Edward and Witte Connie Rae
Bought by
Witte Greg Edward and Witte Connie Rae

Purchase Details

Closed on
Feb 22, 2016
Sold by
The Dominador C And Celia S Calderon Rev
Bought by
Witte Greg E and Witte Connie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.92%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 $689,000 Priority Title
Deed -- None Listed On Document
Warranty Deed $330,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,500 New Conventional
Previous Owner $264,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $689,000 0.0% $714 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $689,000 +77.1% $714 / Sq Ft
11/01/2024 11/01/24 For Sale $389,000 -- $403 / 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 $5,586 $575,900 $87,800 $488,100
2023 $4,957 $500,700 $76,400 $424,300
2022 $4,216 $425,900 $65,000 $360,900
2021 $3,842 $388,100 $59,200 $328,900
2020 $3,949 $388,100 $59,200 $328,900
2019 $3,766 $343,400 $52,400 $291,000
2018 $3,443 $343,400 $52,400 $291,000
2017 $3,342 $333,400 $50,900 $282,500
2016 $3,470 $350,500 $53,500 $297,000
2015 $3,470 $350,500 $53,500 $297,000
2014 $2,762 $350,500 $53,500 $297,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10557333

Real Estate Information Network (REIN)

APN: 2427-32-2403-2460