503 Summit Ct Virginia Beach, VA 23462
Bayside NeighborhoodEstimated payment $1,443/month
Highlights
- City Lights View
- Cathedral Ceiling
- Utility Closet
- Diamond Springs Elementary School Rated A-
- End Unit
- Balcony
About This Home
Beautifully renovated second floor condo offering 2 bedrooms and 2 full baths with a private balcony retreat. This move in ready home features granite countertops, new cabinetry, and sleek SS appliances in a thoughtfully updated kitchen. The living room is filled with natural light from stunning vaulted ceilings and skylights, creating an airy, elevated feel throughout. Both bathrooms have been tastefully renovated with modern finishes. A truly turnkey, stylish residence ready for its new owner.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,525
Year Built
- Built in 1985
HOA Fees
- $430 Monthly HOA Fees
Home Design
- Apartment
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 957 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Skylights
- Wood Burning Fireplace
- Utility Closet
- Storage Room
- Laminate Flooring
- City Lights Views
- Storm Doors
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Assigned Parking
Schools
- Bayside Elementary School
- Bayside Middle School
- Bayside High School
Utilities
- Central Air
- Heat Pump System
- 220 Volts
- Electric Water Heater
- Sewer Paid
- Cable TV Available
Additional Features
- Level Entry For Accessibility
- Balcony
- End Unit
Community Details
Overview
- The Select Group 757 557 0129 Association
- Newpointe Condo Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,424 | $157,200 | $54,000 | $103,200 |
| 2024 | $1,424 | $146,800 | $54,000 | $92,800 |
| 2023 | $1,337 | $135,100 | $43,000 | $92,100 |
| 2022 | $1,028 | $103,800 | $30,000 | $73,800 |
| 2021 | $781 | $78,900 | $22,000 | $56,900 |
| 2020 | $650 | $63,900 | $18,000 | $45,900 |
| 2019 | $633 | $57,600 | $17,000 | $40,600 |
| 2018 | $577 | $57,600 | $17,000 | $40,600 |
| 2017 | $558 | $55,700 | $16,500 | $39,200 |
| 2016 | $542 | $54,700 | $15,800 | $38,900 |
| 2015 | $535 | $54,000 | $15,800 | $38,200 |
| 2014 | $584 | $48,700 | $15,800 | $32,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2026 04/15/26 | Pending | -- | -- | -- |
| 03/12/2026 03/12/26 | Price Changed | $166,000 | -2.4% | $173 / Sq Ft |
| 03/04/2026 03/04/26 | Price Changed | $170,000 | -5.3% | $178 / Sq Ft |
| 02/16/2026 02/16/26 | For Sale | $179,500 | -- | $188 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $165,000 | Stewart Title | |
| Bargain Sale Deed | $110,000 | Fidelity National Title | |
| Bargain Sale Deed | $110,000 | Fidelity National Ttl Ins Co | |
| Warranty Deed | $70,000 | -- | |
| Deed | $46,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $167,000 | New Conventional | |
| Previous Owner | $63,000 | New Conventional | |
| Previous Owner | $41,400 | No Value Available |
Source: Real Estate Information Network (REIN)
MLS Number: 10620375
APN: 1467-39-7756-3540
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