Landlord's Agent in 2025
Robert Carey
Beach Realty United
(757) 714-3339
1 in this area
39 Total Sales
5432 Summer Crescent Virginia Beach, VA 23462
Bayside Neighborhood
3
Beds
2.5
Baths
1,871
Sq Ft
2001
Built
Highlights
- Lake Front
- 1 Fireplace
- En-Suite Primary Bedroom
- Transitional Architecture
- Walk-In Closet
- Attic Fan
About This Home
As of February 2025This 3 bedroom, 2.5 bath, large condo on the water offers spectacular views. Open concept with a large living room, cozy fireplace, and garage. The back deck on the water is a perfect place to enjoy a cup of coffee. Small pet ok. ctive Military Discount 5% per month. Tenant needs to have a 640 credit score, earn 3 times the rent, and have good past references. Must apply at: https://www.beachrealtyunited.com/pages/rentals
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $3,202
Year Built
- Built in 2001
Lot Details
- Lake Front
Parking
- 1 Car Attached Garage
Home Design
- Transitional Architecture
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- 1,871 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Blinds
- Water Views
- Attic Fan
- Washer and Dryer Hookup
Kitchen
- Electric Range
- Dishwasher
- Trash Compactor
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Schools
- Bayside Elementary School
- Brandon Middle School
- Bayside High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
Overview
- Summerset Lake Subdivision
Pet Policy
- Pet Restriction
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 16, 2022
Sold by
William W Bishop Revocable Living Trust
Bought by
Kengere Peter
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,160
Outstanding Balance
$301,600
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$74,479
Purchase Details
Closed on
May 1, 2020
Sold by
Bishop William W
Bought by
Bishop William W and Bishop William W
Purchase Details
Closed on
Apr 12, 2001
Sold by
Summerset Lake Ltd
Bought by
Bishop William W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.97%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kengere Peter | $310,000 | Stewart Title Guaranty Company | |
| Bishop William W | -- | None Available | |
| Bishop William W | $157,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kengere Peter | $321,160 | |
| Previous Owner | Hbd Build Inc | $25,000 | |
| Previous Owner | Bishop William W | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | Rented | $2,185 | -5.0% | -- |
| 01/06/2025 01/06/25 | Price Changed | $2,300 | -8.0% | $1 / Sq Ft |
| 12/11/2024 12/11/24 | For Rent | $2,500 | -- | -- |
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 | $3,202 | $330,100 | $99,000 | $231,100 |
| 2023 | $3,085 | $311,600 | $94,000 | $217,600 |
| 2022 | $2,571 | $259,700 | $87,000 | $172,700 |
| 2021 | $2,416 | $244,000 | $85,000 | $159,000 |
| 2020 | $2,425 | $238,300 | $85,000 | $153,300 |
| 2019 | $2,346 | $225,100 | $82,800 | $142,300 |
| 2018 | $2,257 | $225,100 | $82,800 | $142,300 |
| 2017 | $2,287 | $228,100 | $82,800 | $145,300 |
| 2016 | $2,191 | $221,300 | $82,800 | $138,500 |
| 2015 | $2,174 | $219,600 | $82,800 | $136,800 |
| 2014 | $2,090 | $216,600 | $82,800 | $133,800 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10562943
APN: 1467-88-1674-5432
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