NOT LISTED FOR SALE

5020 Cypress Point Cir Unit 102 Virginia Beach, VA 23455

Estimated Value: $265,000 - $278,594

3 Beds
2 Baths
1,375 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 15, 2025

Last sale price $262,000 $191 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,903/month

83 Days on Market

Highlights

  • View of Trees or Woods
  • Breakfast Area or Nook
  • Cul-De-Sac
  • Home Office
  • Utility Closet
  • Patio

About This Home

As of January 2025

Welcome home! Featuring 3 bedrooms and 2 full baths, pride of ownership abounds here. Major updates to systems including HVAC (6 months old), new range, fireplace, and microwave. Option to belong to the Country Club in the neighborhood that includes golf, pool, and clubhouse. Make sure to ask about the 3D True Immersive Virtual Tour. This technology allows you to literally experience the home on any mobile device, laptop or desktop. You can measure rooms, view 3D dollhouse, view exterior, and interior and so much more. Call for your private showing today!

Last Agent to Sell the Property

Kim McCabe

Better Homes&Gardens R.E. Native American Grp Listed on: 10/02/2024

Better Homes&Gardens R.E. Native American Grp

Last Buyer's Agent

Mila Elliott

Atkinson Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1992

Lot Details

  • Cul-De-Sac
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Property Attached
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,375 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Window Treatments
  • Home Office
  • Utility Closet
  • Views of Woods
  • Scuttle Attic Hole

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Landstown Elementary School
  • Bayside Middle School
  • Bayside High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 220 Volts
  • Electric Water Heater

Community Details

Overview

  • Centre Green Association
  • Low-Rise Condominium
  • Cypress Point 404 Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,198

Year Built

Built in 1992

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Lo Rise
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 190.55
  • Estimated Year Built: 1992
  • Association Legal Name: CENTRE GREEN
  • Management Company: CENTRE GREEN
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Cypress Point
  • Address Street Num Website: 5020
  • Address Website: 5020 Cypress Point CIR
  • Fees Condo Monthly: 290
  • Fence: Yes
  • Market Time: 82
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1992

Interior Features

  • Interior Amenities: Fireplace Gas-natural, Scuttle Access, Window Treatments
  • Accessibility: Main Floor Laundry
  • Fireplaces Number: 1
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Breakfast Area, PBR with Bath, Office/Study, Utility Closet
  • Appliances: 220 V Elec, Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1375

Exterior Features

  • Exterior Features: Cul-De-Sac, Patio
  • Exterior Siding: Vinyl
  • Fence Description: Privacy, Wood Fence
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: Wooded
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 1 Space, Assigned/Reserved, Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Level: 1
  • Amenities COA/POA: Ground Maint, Trash Pickup, Water
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: Landstown Elementary
  • Middle School: Bayside Middle
  • High School: Bayside

Lot Info

  • Waterfront YN: No
  • Zoning: PDH2

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2198

MLS Schools

  • Elementary School: Landstown Elementary
  • School High School: Bayside
  • Middle School: Bayside Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Jan 13, 2025
Sold by
Banks Sarah A
Bought by
Simpson Carly
Seller's Agent
Kim McCabe
Better Homes&Gardens R.E. Native American Grp
Buyer's Agent
Mila Elliott
Atkinson Realty
List Price
$277,000
Sold Price
$262,000
Premium/Discount to List
-$15,000
-5.42%
Views
300
Current Estimated Value
$271,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,649
Avg. Annual Appreciation
4.87%
Original Mortgage
$11,790
Outstanding Balance
$8,836
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$262,813

Purchase Details

Closed on
Sep 17, 2021
Sold by
Wells Norman Kenneth
Bought by
Banks Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,937
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2019
Sold by
Maxwell Diane M
Bought by
Savage-Wells Carla Yvette and Wells Norman Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2005
Sold by
Basnight Lslie
Bought by
Maxwell Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.77%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Simpson Carly $262,000 Fidelity National Title Insura
Simpson Carly $262,000 Fidelity National Title Insura
Banks Sarah A $225,000 Navy Federal Title
Banks Sarah A $225,000 Navy Federal Title Svcs Llc
Savage-Wells Carla Yvette $182,500 Attorney
Maxwell Diane $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Carly $11,790
Closed Simpson Carly $11,790
Open Simpson Carly $254,140
Closed Simpson Carly $254,140
Previous Owner Banks Sarah A $228,937
Previous Owner Savage-Wells Carla Yvette $164,250
Previous Owner Maxwell Diane $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold $262,000 0.0% $191 / Sq Ft
12/24/2024 12/24/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $262,000 -3.7% $191 / Sq Ft
10/12/2024 10/12/24 Price Changed $272,000 -1.8% $198 / Sq Ft
10/02/2024 10/02/24 For Sale $277,000 -- $201 / 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
2025 $2,123 $256,600 $85,000 $171,600
2024 $2,123 $218,900 $80,500 $138,400
2023 $2,198 $222,000 $80,500 $141,500
2022 $2,046 $206,700 $70,600 $136,100
2021 $1,659 $167,600 $54,400 $113,200
2020 $1,687 $165,800 $54,400 $111,400
2019 $1,554 $145,900 $54,400 $91,500
2018 $1,463 $145,900 $54,400 $91,500
2017 $1,439 $143,500 $54,400 $89,100
2016 $1,386 $140,000 $54,400 $85,600
2015 $1,363 $137,700 $54,400 $83,300
2014 $1,245 $137,500 $62,100 $75,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10553269

Real Estate Information Network (REIN)

APN: 1468-78-3239-4440