$372,000
SOLD JUL 3, 2024
-- Bed
-- Bath
1,520 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

1% Above List Price

6 Days on Market

About This Home

As of July 2024

Great opportunity to own a Duplex right in the heart of Virginia Beach. In the First Colonial High School District, this property is nearby to multiple shopping centers/grocery stores, and just a few miles from the oceanfront. Easy access to the highway and Laskin/Oceana for commuting. Both (2) units are currently rented, Unit 309 on 60-day notice to terminate and Unit 311 to be vacant on July 1, 2024. You could rent one unit out and live in the other! Shed conveys as-is. Appliances convey as-is.

Last Agent to Sell the Property

Marjorie Worley

The Real Estate Group Listed on: 05/29/2024

The Real Estate Group

Co-Listed By

Cathryn Duncan

The Real Estate Group

Last Buyer's Agent

Chris Lloyd

Turn Key Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1989

Home Design

  • 1,520 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Outdoor Features

  • Shed

Schools

  • Birdneck Elementary School
  • Lynnhaven Middle School
  • First Colonial High School

Utilities

  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • Oceana Gardens Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,414

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multi Family Residential
  • Property Sub Type: Duplex
  • Property Type - Cross Property: Multi Family Residential
  • Style: Side by Side
  • AICUZ - Crash: APZ2
  • AICUZ - Noise: 75+
  • LP/ Sq Ft: 243.36
  • Neighborhood Name: OCEANA GARDENS
  • Estimated Year Built: 1989
  • Address Street Name Website: Oceana
  • Address Street Num Website: 309
  • Address Website: 309 N Oceana BLVD
  • Market Time: 4
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Estimated Sq Ft: 1520

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: None
  • Foundation Type: Slab
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County

Schools

  • Elementary School: Birdneck Elementary
  • Middle School: Lynnhaven Middle
  • High School: First Colonial

Lot Info

  • Waterfront YN: No
  • Lot Features: Shed
  • Zoning: R5D

Building Info

  • New Construction YN: No

Multi Family

  • Meters Separate: All

Tax Info

  • Tax Amount Approx: 2414

MLS Schools

  • Elementary School: Birdneck Elementary
  • School High School: First Colonial
  • Middle School: Lynnhaven Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 2, 2024
Sold by
Seldon Kevin L and Revoca Nancy
Bought by
Eyans Shania Rachel
Seller's Agent
Marjorie Worley
The Real Estate Group
Buyer's Agent
Chris Lloyd
Turn Key Real Estate LLC
List Price
$369,900
Sold Price
$372,000
Premium/Discount to List
$2,100
0.57%
Total Days on Market
6
Views
23
Current Estimated Value
$373,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,748
Avg. Annual Appreciation
0.52%
Original Mortgage
$353,400
Outstanding Balance
$350,726
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$23,022

Purchase Details

Closed on
Jan 23, 2023
Sold by
Seldon Nancy G
Bought by
Kevin L Seldon And Nancy G Seldon Revocable L

Purchase Details

Closed on
Jan 31, 2019
Sold by
Lawrence Diane C
Bought by
Seldon Nancy G

Purchase Details

Closed on
Oct 2, 2015
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Horte Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2008
Sold by
Powell Jeffrey H
Bought by
Elsner Walter Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,892
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2005
Sold by
Vermilya David F
Bought by
Powell Jeffrey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,175
Interest Rate
5.83%
Mortgage Type
New Conventional
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 $372,000 Priority Title
Deed -- --
Warranty Deed $200,000 Landmark Title
Special Warranty Deed $85,500 Stewart Title Guaranty Co
Warranty Deed $204,000 --
Warranty Deed $126,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $353,400 New Conventional
Previous Owner $157,102 FHA
Previous Owner $197,438 FHA
Previous Owner $201,892 FHA
Previous Owner $120,175 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $372,000 +0.6% $245 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $369,900 -- $243 / 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 $2,776 $286,200 $136,100 $150,100
2023 $2,414 $243,800 $105,400 $138,400
2022 $2,306 $232,900 $91,300 $141,600
2021 $2,091 $211,200 $88,700 $122,500
2020 $1,909 $187,600 $67,500 $120,100
2019 $1,768 $177,700 $67,500 $110,200
2018 $1,781 $177,700 $67,500 $110,200
2017 $1,760 $175,600 $65,700 $109,900
2016 $1,946 $196,600 $83,700 $112,900
2015 $1,827 $184,500 $83,700 $100,800
2014 $1,615 $181,000 $90,900 $90,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10534661

Real Estate Information Network (REIN)

APN: 2417-06-5102