$389,500
SOLD OCT 1, 2024
5 Beds
2 Baths
2,010 Sq Ft
8,059 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

1% Below List Price

55 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Main Floor Bedroom
  • Storage Room

About This Home

As of October 2024

A wonderfully maintained, 5 bedroom, 2 bath home in the heart of Virginia Beach!! Enjoy entertaining in the spacious backyard!! This home has an almost-new architectural roof, updated kitchen with soft close cabinetry, a whole house Generac generator for those stormy months, updated electrical panel and a newly drywalled garage and bonus room. The almost 400 sqft bonus room would make an ideal playroom or recreational lounge! It is a must-see!!! See it today before it is SOLD!!

Last Agent to Sell the Property

Kelly Dipasquale

The Real Estate Group Listed on: 07/18/2024

The Real Estate Group

Last Buyer's Agent

Jennifer Quintanar

Triumph Realty

Triumph Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,726

Year Built

  • Built in 1958

Lot Details

  • Back Yard Fenced
  • Property is zoned R75

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,010 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Recreation Room
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Storage Shed

Schools

  • Luxford Elementary School
  • Bayside Middle School
  • Bayside High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Aragona Village Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,726

Year Built

Built in 1958

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Traditional
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • LP/ Sq Ft: 193.78
  • Estimated Year Built: 1958
  • Address Street Name Website: Olive Grove
  • Address Street Num Website: 4936
  • Address Website: 4936 Olive Grove LN
  • Fence: Yes
  • Market Time: 45
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 2
  • Year Built: 1958

Interior Features

  • Interior Amenities: Fireplace Wood
  • Fireplaces Number: 1
  • Equipment: Ceiling Fan
  • Flooring Type: Carpet, Laminate/LVP, Vinyl, Wood
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, Assigned Storage, Rec Room, Spare Room
  • Appliances: Dishwasher, Dryer Hookup, Microwave, Elec Range, Washer Hookup
  • Stories Number: 2.0000
  • Estimated Sq Ft: 2010

Exterior Features

  • Exterior Features: Storage Shed
  • Exterior Siding: Brick, Vinyl
  • Fence Description: Back Fenced
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 1 Car, 4 Space, Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Gas
  • Water Type: City/County
  • Cooling: Heat Pump, Other, Zoned
  • Heating: Nat Gas, Other, Programmable Thermostat, Zoned

Schools

  • Elementary School: Luxford Elementary
  • Middle School: Bayside Middle
  • High School: Bayside

Lot Info

  • Waterfront YN: No
  • Zoning: R75

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2726

MLS Schools

  • Elementary School: Luxford Elementary
  • School High School: Bayside
  • Middle School: Bayside Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Sep 26, 2024
Sold by
Dolmat Brian and Dolmat Ryan
Bought by
Okoh Philemon Adem
Seller's Agent
Kelly Dipasquale
The Real Estate Group
Buyer's Agent
Jennifer Quintanar
Triumph Realty
List Price
$395,000
Sold Price
$389,500
Premium/Discount to List
-$5,500
-1.39%
Views
352
Current Estimated Value
$366,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,573
Avg. Annual Appreciation
-6.09%
Original Mortgage
$402,353
Outstanding Balance
$398,597
Interest Rate
6.46%
Mortgage Type
VA
Estimated Equity
-$31,670

Purchase Details

Closed on
Jun 18, 2024
Sold by
Hesch Karen R and Flanigan Patricia
Bought by
Dolmat Brian and Dolmat Ryan
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 Type Sale Price Title Company
Bargain Sale Deed $389,500 Fortis Title
Bargain Sale Deed $389,500 Fortis Title
Bargain Sale Deed $330,000 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,353 VA
Closed $402,353 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $389,500 0.0% $194 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $389,500 -1.4% $194 / Sq Ft
07/18/2024 07/18/24 For Sale $395,000 -- $197 / 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 $2,840 $292,800 $135,000 $157,800
2023 $2,726 $275,400 $120,000 $155,400
2022 $2,440 $246,500 $103,200 $143,300
2021 $2,168 $219,000 $79,400 $139,600
2020 $2,116 $208,000 $79,400 $128,600
2019 $2,188 $211,500 $75,900 $135,600
2018 $2,120 $211,500 $75,900 $135,600
2017 $2,120 $211,500 $75,900 $135,600
2016 $2,018 $203,800 $75,900 $127,900
2015 $1,962 $198,200 $75,900 $122,300
2014 $1,797 $193,200 $86,300 $106,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10543130

Real Estate Information Network (REIN)

APN: 1478-03-6831