$378,000
SOLD SEP 4, 2024
3 Beds
2 Baths
1,350 Sq Ft
7,449 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

2% Above List Price

24 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Breakfast Area or Nook
  • Lynnhaven Middle School Rated A
  • No HOA
  • Cul-De-Sac

About This Home

As of September 2024

This home is located at 481 Cranston Ln, Virginia Beach, VA 23452 and is currently priced at $378,000, approximately $280 per square foot. This property was built in 1975. 481 Cranston Ln is a home located in Virginia Beach City with nearby schools including King's Grant Elementary School, Lynnhaven Middle School, and First Colonial High School.

Last Agent to Sell the Property

Judy Marsh

BHHS RW Towne Realty Listed on: 07/22/2024

BHHS RW Towne Realty

Last Buyer's Agent

Eric Gardner

RE/MAX Alliance

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,078

Year Built

  • Built in 1975

Lot Details

  • Cul-De-Sac
  • Wood Fence
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Views of Woods

Kitchen

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

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Schools

  • King's Grant Elementary School
  • Lynnhaven Middle School
  • First Colonial High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Groveland Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,078

Year Built

Built in 1975

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Ranch
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 273.33
  • Estimated Year Built: 1975
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Cranston
  • Address Street Num Website: 481
  • Address Website: 481 Cranston LN
  • Fence: Yes
  • Market Time: 25
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Equipment: Gar Door Opener
  • Flooring Type: Ceramic, Laminate/LVP
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, Breakfast Area, PBR with Bath, Porch
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1350

Exterior Features

  • Exterior Features: Cul-De-Sac, Deck, Storage Shed
  • Exterior Siding: Brick
  • Fence Description: Back Fenced, Wood Fence
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: Wooded
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 1 Car, Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Gas
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Nat Gas

Schools

  • Elementary School: King's Grant Elementary
  • Middle School: Lynnhaven Middle
  • High School: First Colonial

Lot Info

  • Waterfront YN: No

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 3078

MLS Schools

  • Elementary School: King's Grant Elementary
  • School High School: First Colonial
  • Middle School: Lynnhaven Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Sep 3, 2024
Sold by
Rush Kevin P
Bought by
Jeffries Austin and Jeffries Samantha
Seller's Agent
Judy Marsh
BHHS RW Towne Realty
Buyer's Agent
Eric Gardner
RE/MAX Alliance
List Price
$369,000
Sold Price
$378,000
Premium/Discount to List
$9,000
2.44%
Total Days on Market
24
Views
249
Current Estimated Value
$383,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,028
Avg. Annual Appreciation
1.80%
Original Mortgage
$386,127
Outstanding Balance
$383,774
Interest Rate
6.78%
Mortgage Type
VA
Estimated Equity
-$746

Purchase Details

Closed on
Dec 19, 2016
Sold by
James Douglas W
Bought by
Rush Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,482
Interest Rate
3.57%
Mortgage Type
VA
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
Deed $378,000 Old Republic National Title In
Warranty Deed $255,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,127 VA
Previous Owner $248,500 New Conventional
Previous Owner $260,482 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $378,000 +2.4% $280 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $369,000 -- $273 / 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 $3,067 $316,200 $140,000 $176,200
2023 $3,078 $310,900 $130,000 $180,900
2022 $2,616 $264,200 $100,000 $164,200
2021 $2,535 $256,100 $97,000 $159,100
2020 $2,563 $251,900 $90,000 $161,900
2019 $2,526 $237,600 $88,000 $149,600
2018 $2,382 $237,600 $88,000 $149,600
2017 $2,334 $232,800 $88,000 $144,800
2016 $2,092 $211,300 $82,900 $128,400
2015 $2,037 $205,800 $82,900 $122,900
2014 $1,721 $212,500 $94,900 $117,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10543743

Real Estate Information Network (REIN)

APN: 1487-96-5804