SOLD OCT 1, 2024
RENTED FEB 2, 2025
4623 Merrimac Ln Virginia Beach, VA 23455
Pembroke Neighborhood
2
Beds
2.5
Baths
1,135
Sq Ft
2,831
Sq Ft Lot
Highlights
- Water Views
- Home fronts a creek
- Wooded Lot
- Pembroke Meadows Elementary School Rated A-
- Deck
- Attic
About This Home
As of October 2024Welcome to 4623 Merrimac Lane! This townhome is priced well under fair market value to allow for cosmetic TLC and repairs, so come put your stamp on it! Lots of room for sweat equity, or as a buy and hold and NO POA fees. The living room has a wood burning fireplace, and the kitchen is equipped with most appliances, granite countertops, and a bay window that is the breakfast area. The backyard is a large, spacious deck that is fully fenced with a water and wooded view for even better privacy. One half bathroom and the laundry area is located on the first floor with the washer and dryer to convey. Upstairs is two primary bedrooms with full bathrooms of their own. There is attic access, and a storage area on the back of the house. The AC unit has just been fully replaced. Call today to make this home yours!
Last Agent to Sell the Property
Howard Hanna Real Estate Services Listed on: 08/08/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,003
Year Built
- Built in 1985
Lot Details
- Home fronts a creek
- Back Yard Fenced
- Wooded Lot
Property Views
- Water
- Woods
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,135 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Window Treatments
- Utility Room
- Attic
Kitchen
- Breakfast Area or Nook
- Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Driveway
Outdoor Features
- Deck
- Storage Shed
Schools
- Pembroke Meadows Elementary School
- Independence Middle School
- Bayside High School
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Programmable Thermostat
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Bayside Villas Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Sep 30, 2024
Sold by
Nieves Donna J
Bought by
Saav Property Management Llc
Seller's Agent
Kimberly Busciglio
Howard Hanna Real Estate Services
Buyer's Agent
David Osorio
Realty of America LLC
List Price
$200,000
Sold Price
$215,000
Premium/Discount to List
$15,000
7.5%
Views
1601
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
$16,429
Avg. Annual Appreciation
7.06%
Original Mortgage
$172,000
Outstanding Balance
$171,047
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$57,729
Purchase Details
Closed on
Jul 29, 2016
Sold by
Lunch Regina S
Bought by
Nieves Donna J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 14, 2006
Sold by
Copenhaver John
Bought by
Lynch Regina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,235
Interest Rate
6.27%
Similar Homes in Virginia Beach, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $215,000 | First American Title | |
| Deed | $215,000 | First American Title | |
| Warranty Deed | $150,000 | Fidelity National Title | |
| Warranty Deed | $149,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,000 | New Conventional | |
| Closed | $172,000 | New Conventional | |
| Previous Owner | $147,283 | FHA | |
| Previous Owner | $151,235 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2025 02/02/25 | Rented | $1,900 | 0.0% | -- |
| 01/08/2025 01/08/25 | Price Changed | $1,900 | -2.6% | $2 / Sq Ft |
| 12/18/2024 12/18/24 | Price Changed | $1,950 | -2.5% | $2 / Sq Ft |
| 11/27/2024 11/27/24 | For Rent | $2,000 | 0.0% | -- |
| 10/01/2024 10/01/24 | Sold | $215,000 | +7.5% | $189 / Sq Ft |
| 09/09/2024 09/09/24 | Pending | -- | -- | -- |
| 09/06/2024 09/06/24 | For Sale | $200,000 | 0.0% | $176 / Sq Ft |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $200,000 | -- | $176 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 | $2,003 | $206,500 | $80,000 | $126,500 |
| 2023 | $1,945 | $196,500 | $75,000 | $121,500 |
| 2022 | $1,610 | $162,600 | $56,500 | $106,100 |
| 2021 | $1,438 | $145,300 | $45,000 | $100,300 |
| 2020 | $1,408 | $138,400 | $42,100 | $96,300 |
| 2019 | $1,355 | $131,400 | $42,100 | $89,300 |
| 2018 | $1,317 | $131,400 | $42,100 | $89,300 |
| 2017 | $1,226 | $122,300 | $42,100 | $80,200 |
| 2016 | $1,198 | $121,000 | $42,100 | $78,900 |
| 2015 | $1,189 | $120,100 | $42,100 | $78,000 |
| 2014 | $1,080 | $119,900 | $48,400 | $71,500 |
Source: Public Records
Agents Affiliated with this Home
-
David Osorio
Seller's Agent in 2025
David Osorio
Realty of America LLC
(757) 575-8104
3 in this area
173 Total Sales
-
M
Buyer's Agent in 2025
Madalynne Caranay
EXP Realty LLC
-
Kimberly Busciglio
Seller's Agent in 2024
Kimberly Busciglio
Howard Hanna Real Estate Services
(757) 240-8320
1 in this area
47 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10546002
APN: 1478-30-3937
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