Seller's Agent in 2025
Emily Nied
BHHS RW Towne Realty
(757) 338-0508
6 in this area
99 Total Sales
501 Summit Ct Unit 101 Virginia Beach, VA 23462
Bayside Neighborhood
2
Beds
2
Baths
957
Sq Ft
$275/mo
HOA Fee
Highlights
- City Lights View
- 1 Fireplace
- Utility Closet
- Diamond Springs Elementary School Rated A-
- Breakfast Area or Nook
- Balcony
About This Home
As of May 2025Welcome home! Great first floor condo with two primary suites and walk in closest. Large great room and open kitchen with pass thru bar. Fireplace and patio with storage. Assigned parking and corner unit. Short Sale. Water, Sewer & Trash included in Condo Fee. Water & Electricity turned off. Great investment property. Park in space 034 OR visitor parking.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $776
Year Built
- Built in 1985
HOA Fees
- $275 Monthly HOA Fees
Home Design
- Fixer Upper
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 957 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 1 Fireplace
- Utility Closet
- City Lights Views
- Breakfast Area or Nook
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 1 Car Parking Space
- Off-Street Parking
Outdoor Features
- Balcony
Schools
- Newtown Elementary School
- Bayside Middle School
- Bayside High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Sewer Paid
Community Details
Overview
- Newpointe Condo Association
- Newpointe Condo Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2005
Sold by
Washinton Mutual Bank
Bought by
Brak Away Investments Llc
Purchase Details
Closed on
Dec 7, 2004
Sold by
Wood Steven B
Bought by
Sec Of Veteran Affairs
Purchase Details
Closed on
Jan 22, 2001
Sold by
Atkinson Edward W
Bought by
Morgan James M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,100
Interest Rate
7.39%
Mortgage Type
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 |
|---|---|---|---|
| Warranty Deed | $60,100 | -- | |
| Trustee Deed | $45,100 | -- | |
| Deed | $44,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $98,334 | VA | |
| Previous Owner | $45,100 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $178,000 | +63.3% | $186 / Sq Ft |
| 05/15/2025 05/15/25 | Sold | $109,000 | +9.0% | $114 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $100,000 | -16.7% | $104 / Sq Ft |
| 06/14/2024 06/14/24 | Pending | -- | -- | -- |
| 06/11/2024 06/11/24 | For Sale | $120,000 | 0.0% | $125 / Sq Ft |
| 03/01/2024 03/01/24 | Pending | -- | -- | -- |
| 03/01/2024 03/01/24 | For Sale | $120,000 | -- | $125 / 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 | $1,283 | $132,300 | $54,000 | $78,300 |
| 2023 | $1,199 | $121,100 | $43,000 | $78,100 |
| 2022 | $916 | $92,500 | $30,000 | $62,500 |
| 2021 | $776 | $78,400 | $22,000 | $56,400 |
| 2020 | $645 | $63,400 | $18,000 | $45,400 |
| 2019 | $628 | $57,100 | $17,000 | $40,100 |
| 2018 | $572 | $57,100 | $17,000 | $40,100 |
| 2017 | $553 | $55,200 | $16,500 | $38,700 |
| 2016 | $537 | $54,200 | $15,800 | $38,400 |
| 2015 | $530 | $53,500 | $15,800 | $37,700 |
| 2014 | $578 | $48,300 | $15,800 | $32,500 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Nied
-
Melissa Boyce
Seller's Agent in 2025
Melissa Boyce
EXP Realty LLC
(804) 241-3639
2 in this area
107 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10522253
APN: 1467-39-7756-3500
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