$273,000
SOLD JAN 29, 2025

5416 Challedon Dr Virginia Beach, VA 23462

3 Beds
2 Baths
1,248 Sq Ft
9,235 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

9% Below List Price

3 Days on Market

Highlights

  • Solar Power System
  • Attic
  • En-Suite Primary Bedroom
  • Larkspur Middle School Rated A-
  • No HOA
  • 2-minute walk to Carolanne Farms Park

About This Home

As of May 2025

Great investment opportunity for a 3 bedroom & 2 bathroom home located in the heart of Virginia Beach! Just a few minutes from the interstate and Town Center in a quiet, established neighborhood!

Last Agent to Sell the Property

Jennifer Johnson

Signature Homes Listed on: 01/10/2025

Last Buyer's Agent

Jacob Sloop

1st Class Real Estate Flagship

1st Class Real Estate Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,342

Year Built

  • Built in 1964

Lot Details

  • Back Yard Fenced
  • Property is zoned R75

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sump Pump
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Parquet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 1 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Solar Power System

Schools

  • Alanton Elementary School
  • Landstown Middle School
  • Kempsville High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener

Community Details

  • No Home Owners Association
  • Carolanne Farms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,342

Year Built

Built in 1964

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Ranch
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Miscellaneous: Fixer Upper
  • LP/ Sq Ft: 240.38
  • Estimated Year Built: 1964
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Challedon
  • Address Street Num Website: 5416
  • Address Website: 5416 Challedon DR
  • Fence: Yes
  • Market Time: 3
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1964

Interior Features

  • Equipment: Ceiling Fan, Sump Pump, Water Softener
  • Flooring Type: Ceramic, Parquet, Vinyl
  • 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, Attic, PBR with Bath
  • Appliances: Dryer Hookup, Washer Hookup
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1248

Exterior Features

  • Exterior Siding: Brick, Vinyl
  • Fence Description: Back Fenced
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 1 Car, Driveway Spc

Utilities

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

Schools

  • Elementary School: Alanton Elementary
  • Middle School: Landstown Middle
  • High School: Kempsville

Green Features

  • Energy Efficiency: Solar Electric System

Lot Info

  • Waterfront YN: No
  • Zoning: R75

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2342

MLS Schools

  • Elementary School: Alanton Elementary
  • School High School: Kempsville
  • Middle School: Landstown Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
May 15, 2025
Sold by
C & O 2006 Llc
Bought by
Morton James E and Morton Madison K
Seller's Agent
Jacob Sloop
1st Class Real Estate Flagship
Buyer's Agent
Drew Holbert
Long & Foster Real Estate Inc.
List Price
$384,900
Sold Price
$379,899
Premium/Discount to List
-$5,001
-1.3%
Views
132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-81.92%
Original Mortgage
$360,904
Outstanding Balance
$360,904
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$86,415

Purchase Details

Listed on
Jan 10, 2025
Closed on
Jan 29, 2025
Sold by
Garcia Perez Edgar M
Bought by
C & O 2006 Llc
Seller's Agent
Jennifer Johnson
Signature Homes
Buyer's Agent
Jacob Sloop
1st Class Real Estate Flagship
List Price
$300,000
Sold Price
$273,000
Premium/Discount to List
-$27,000
-9%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.35%
Original Mortgage
$289,500
Interest Rate
6.72%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 2020
Sold by
Tomlin William M
Bought by
Perez Edgar M Garcia and Garcia Debryal N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,226
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Jul 31, 2002
Sold by
Tyner George
Bought by
Tomlin William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,586
Interest Rate
6.64%
Source: Public Records

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Range of Values:

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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 $379,899 Great American Title
Bargain Sale Deed $273,000 Fortis Title
Gift Deed -- Fortis Title
Bargain Sale Deed $205,500 Sun Title
Deed $116,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,904 New Conventional
Previous Owner $289,500 Construction
Previous Owner $243,460 VA
Previous Owner $210,226 VA
Previous Owner $115,586 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $379,899 0.0% $304 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/21/2025 04/21/25 Price Changed $379,899 -1.3% $304 / Sq Ft
04/18/2025 04/18/25 Price Changed $384,899 0.0% $308 / Sq Ft
04/03/2025 04/03/25 For Sale $384,900 +41.0% $308 / Sq Ft
01/29/2025 01/29/25 Sold $273,000 -9.0% $219 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $300,000 -- $240 / 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
2024 $2,342 $241,400 $136,000 $105,400
2023 $2,157 $217,900 $125,000 $92,900
2022 $2,091 $211,200 $120,000 $91,200
2021 $1,995 $201,500 $112,000 $89,500
2020 $1,991 $195,700 $112,000 $83,700
2019 $1,946 $189,800 $110,000 $79,800
2018 $1,903 $189,800 $110,000 $79,800
2017 $1,903 $189,800 $110,000 $79,800
2016 $1,841 $186,000 $110,000 $76,000
2015 $1,850 $186,900 $110,000 $76,900
2014 $1,636 $183,900 $109,200 $74,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10565938

Real Estate Information Network (REIN)

APN: 1466-28-4338