$325,000
SOLD NOV 8, 2024
2 Beds
2 Baths
1,305 Sq Ft
2000 Built

Recently Sold

$249 Per Sq Ft

44 Days on Market

Highlights

  • Lake Front
  • Balcony
  • Entrance Foyer
  • Traditional Architecture
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

As of November 2024

Lakefront Living! Welcome Home to this First Floor Condo Nestled Near Town Center! Attached Garage, Newer Kitchen Cabinets, Newer Bathroom Vanities, Newer LVP Flooring Throughout, Custom Crown Molding, Newer Quartz Countertops, Stainless Steel Appliances, Newer Farmhouse Sink, Gorgeous Sunsets, Cozy Fireplace, Breakfast Bar with an Eat-in Kitchen, and a Spacious Deck Overlooking the Lake. Plenty of Guest Parking, Close Proximity to Wegman's, Sentara, I-264, and Military Bases. Bring your Kayak, Canoe, and Fishing Pole! Stop Looking and Start Living!

Last Agent to Sell the Property

Katie Sylstra

The Real Estate Group Listed on: 09/20/2024

The Real Estate Group

Last Buyer's Agent

Werner Koching

Real Broker LLC

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 2000

HOA Fees

  • $375 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Laminate Flooring
  • Water Views
  • Storm Doors
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Lake Front

Community Details

Overview

  • Property Management Associates 757 646 6247 Association
  • Summerset Lake Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,625

Year Built

Built in 2000

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Traditional
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 249.04
  • Neighborhood Name: SUMMERSET LAKE
  • Estimated Year Built: 2000
  • Association Legal Name: Summerset Lakes
  • Management Company: Property Management Associates 757-646-6247
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Summer
  • Address Street Num Website: 5264
  • Address Website: 5264 Summer CRES
  • Fees Condo Monthly: 375
  • Fence: No
  • Market Time: 31
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 2000

Interior Features

  • Interior Amenities: Fireplace Gas-natural, Primary Sink-Double, Walk-In Closet, Window Treatments
  • Accessibility: Main Floor Laundry
  • Fireplaces Number: 1
  • Equipment: Cable Hookup, Ceiling Fan, Gar Door Opener
  • Flooring Type: Laminate/LVP
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Balcony, Foyer, PBR with Bath
  • Appliances: Dishwasher, Disposal, Microwave, Elec Range, Refrigerator
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1305

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: None
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: Water
  • Waterfront Description: Lake

Garage/Parking

  • Parking: Garage Att 1 Car, 3 Space, Driveway Spc
  • Garage Sq Ft: 232

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Gas
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Forced Hot Air, Nat Gas

Condo/Co-op/Association

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

Schools

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

Green Features

  • Energy Efficiency: Storm Doors

Lot Info

  • Waterfront YN: Yes
  • Zoning: A12

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2625

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
Sep 20, 2024
Closed on
Nov 2, 2024
Sold by
Stewart Ann M
Bought by
Fults Samantha
Seller's Agent
Katie Sylstra
The Real Estate Group
Buyer's Agent
Werner Koching
Real Broker LLC
List Price
$325,000
Sold Price
$325,000
Views
151
Current Estimated Value
$327,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,884
Avg. Annual Appreciation
0.94%
Original Mortgage
$331,987
Outstanding Balance
$328,682
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
-$798

Purchase Details

Closed on
Jun 28, 2022
Sold by
Martin Rhonda K
Bought by
Spence May L and Stewart Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2018
Sold by
Chase Noreen
Bought by
Martin Rhonda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2017
Sold by
The Estate Of Thelma C Coates
Bought by
Chase Noreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2000
Sold by
Summerset Lake Ltd
Bought by
Coates Frank L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
8.21%
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 $325,000 Priority Title
Bargain Sale Deed $325,000 Priority Title
Bargain Sale Deed $310,000 Fidelity National Title
Warranty Deed $210,000 Attorney
Warranty Deed $168,000 Attorney
Deed $114,240 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $331,987 VA
Closed $331,987 VA
Previous Owner $100,000 New Conventional
Previous Owner $168,000 New Conventional
Previous Owner $159,600 New Conventional
Previous Owner $117,600 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $325,000 0.0% $249 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $325,000 -- $249 / 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 $2,724 $297,900 $95,000 $202,900
2024 $2,724 $280,800 $95,000 $185,800
2023 $2,624 $265,100 $90,000 $175,100
2022 $2,131 $215,300 $83,000 $132,300
2021 $1,966 $198,600 $81,000 $117,600
2020 $1,993 $195,900 $81,000 $114,900
2019 $1,980 $190,200 $79,200 $111,000
2018 $1,907 $190,200 $79,200 $111,000
2017 $1,894 $188,900 $79,200 $109,700
2016 $0 $187,200 $79,200 $108,000
2015 -- $185,900 $79,200 $106,700
2014 -- $182,700 $79,200 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10551979

Real Estate Information Network (REIN)

APN: 1467-88-1674-5264