5209 Spring Cove Way Virginia Beach, VA 23464
2
Beds
2.5
Baths
1,782
Sq Ft
2002
Built
Highlights
- Clubhouse
- Contemporary Architecture
- Attic
- Tallwood High School Rated A
- Hydromassage or Jetted Bathtub
- Loft
About This Home
As of May 2025Enter neighborhood via entrance on Indian River Road. Seller contributing $3K toward carpets.Bright & gorgeous condo conveniently located in Kempsville, central to shopping, entertainment, interstates, VB & Chesapeake Town Centers, & local bases. AC replaced in '22, dual zone. Roofs replaced by HOA in '21. Power washing scheduled to be completed this year. Grill outside connected to a gas line, conveys! Condo fees include ext. maintenance/insurance, landscaping, clubhouse, pool, trash. All appliances convey as-is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,930
Year Built
- Built in 2002
Lot Details
- Privacy Fence
- Wood Fence
- Back Yard Fenced
- Corner Lot
HOA Fees
- $289 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,782 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Gas Fireplace
- Window Treatments
- Loft
- Attic
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Doors
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Schools
- Indian Lakes Elementary School
- Brandon Middle School
- Tallwood High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Community Details
Overview
- The Select Group, 757 486 6000 Association
- The Commons Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
- Clubhouse
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2025
Closed on
May 13, 2025
Sold by
Smead Mary and Smead Kenneth William
Bought by
Holmes Kelli and Ocasio Judith
Seller's Agent
Michael Reilly
The Bryant Group
Buyer's Agent
Christopher Castle
Iron Valley Real Estate Prestige
List Price
$350,000
Sold Price
$350,000
Total Days on Market
15
Views
41
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.78%
Original Mortgage
$280,000
Outstanding Balance
$280,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$65,505
Purchase Details
Closed on
Mar 31, 2022
Sold by
Linda A Korn Revocable Trust
Bought by
Smead Mary and Smead Kenneth William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,900
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 12, 2003
Sold by
Residentia Terry Peterson
Bought by
Korn Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Interest Rate
5.28%
Mortgage Type
New Conventional
Similar Homes in Virginia Beach, 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 |
|---|---|---|---|
| Bargain Sale Deed | $350,000 | Fidelity National Title | |
| Bargain Sale Deed | $302,000 | Fidelity National Title | |
| Deed | $175,813 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | New Conventional | |
| Previous Owner | $286,900 | New Conventional | |
| Previous Owner | $125,400 | New Conventional | |
| Previous Owner | $129,075 | New Conventional | |
| Previous Owner | $140,650 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Sold | $350,000 | 0.0% | $196 / Sq Ft |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- |
| 04/24/2025 04/24/25 | For Sale | $350,000 | -- | $196 / 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 | $2,930 | $302,100 | $115,000 | $187,100 |
| 2023 | $2,873 | $290,200 | $100,000 | $190,200 |
| 2022 | $2,574 | $260,000 | $90,000 | $170,000 |
| 2021 | $2,392 | $241,600 | $84,000 | $157,600 |
| 2020 | $2,288 | $224,900 | $80,000 | $144,900 |
| 2019 | $2,192 | $208,700 | $77,000 | $131,700 |
| 2018 | $2,092 | $208,700 | $77,000 | $131,700 |
| 2017 | $2,041 | $203,600 | $77,000 | $126,600 |
| 2016 | $2,148 | $217,000 | $79,000 | $138,000 |
| 2015 | $2,184 | $220,600 | $86,100 | $134,500 |
| 2014 | $1,857 | $210,100 | $86,100 | $124,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Reilly
Seller's Agent in 2025
Michael Reilly
The Bryant Group
(757) 560-1103
42 Total Sales
-
Christopher Castle
Buyer's Agent in 2025
Christopher Castle
Iron Valley Real Estate Prestige
(540) 631-6462
206 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10579904
APN: 1465-47-1067-0048
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