5500 New Colony Dr Virginia Beach, VA 23464
3
Beds
2.5
Baths
1,470
Sq Ft
2,614
Sq Ft Lot
Highlights
- Attic
- End Unit
- No HOA
- Fairfield Elementary School Rated A-
- Corner Lot
- 5-minute walk to Stoneybrook Park
About This Home
As of April 2025This end unit townhome in the heart of Kempsville, set on a desirable corner lot, is an incredible opportunity for those with a vision. Featuring 3 bedrooms and 2.5 baths, this property offers ample room. The kitchen has been newly renovated with plenty of cabinet space and granite countertops. En-suite upstairs is also spacious and provides 2 closets. Please note, this townhome is being sold "as is," providing a unique opportunity for those looking to customize and renovate to their taste. Whether you are a first-time homebuyer looking for a starter home or an investor seeking a project, this property holds immense potential. Don't miss out on this exceptional deal! Contact the listing agent today to schedule a viewing and envision your future in this charming townhome.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,179
Year Built
- Built in 1974
Lot Details
- End Unit
- Privacy Fence
- Wood Fence
- Back Yard Fenced
Home Design
- Fixer Upper
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,470 Sq Ft Home
- 2-Story Property
- Utility Room
- Attic
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Parking
- 2 Car Parking Spaces
- Driveway
- Off-Street Parking
Accessible Home Design
- Level Entry For Accessibility
Schools
- Fairfield Elementary School
- Kempsville Middle School
- Tallwood High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Jamestowne Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2025
Closed on
Jan 22, 2025
Sold by
Myers John R
Bought by
Coastal Investments Group Inc
Seller's Agent
Alicia Midey
Swell Realty Co
Buyer's Agent
Debbie Crevier Kent
Cottage Street Realty LLC
List Price
$200,000
Sold Price
$200,000
Views
146
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,309
Avg. Annual Appreciation
96.41%
Purchase Details
Closed on
Oct 6, 2017
Sold by
Garcia Oscar L and Garcia Elizabeth C
Bought by
Myers John R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,355
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 30, 2004
Sold by
Torres Angel Alvarez
Bought by
Garcia Oscar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,640
Interest Rate
6.2%
Mortgage Type
New Conventional
Similar Homes in the area
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 | $200,000 | Fidelity National Title | |
| Warranty Deed | $144,000 | Fidelity National Title | |
| Deed | $116,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $15,567 | FHA | |
| Previous Owner | $143,355 | FHA | |
| Previous Owner | $161,450 | FHA | |
| Previous Owner | $120,640 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $285,000 | +1.8% | $194 / Sq Ft |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | For Sale | $279,900 | +40.0% | $190 / Sq Ft |
| 01/24/2025 01/24/25 | Sold | $200,000 | 0.0% | $136 / Sq Ft |
| 01/08/2025 01/08/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | For Sale | $200,000 | -- | $136 / 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 | $2,179 | $224,600 | $95,000 | $129,600 |
| 2023 | $1,879 | $189,800 | $75,000 | $114,800 |
| 2022 | $1,735 | $175,300 | $70,000 | $105,300 |
| 2021 | $1,431 | $144,500 | $45,000 | $99,500 |
| 2020 | $1,488 | $146,200 | $42,500 | $103,700 |
| 2019 | $1,415 | $131,100 | $40,000 | $91,100 |
| 2018 | $1,314 | $131,100 | $40,000 | $91,100 |
| 2017 | $1,314 | $131,100 | $40,000 | $91,100 |
| 2016 | $1,235 | $124,700 | $39,000 | $85,700 |
| 2015 | $1,239 | $125,200 | $39,000 | $86,200 |
| 2014 | $1,058 | $115,500 | $49,200 | $66,300 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Crevier Kent
Seller's Agent in 2025
Debbie Crevier Kent
Cottage Street Realty LLC
(571) 293-6923
1,096 Total Sales
-
Alicia Midey
Seller's Agent in 2025
Alicia Midey
Swell Realty Co
(757) 216-9222
45 Total Sales
-
Wendy Hollis
W
Buyer's Agent in 2025
Wendy Hollis
BHHS RW Towne Realty
(757) 408-4208
12 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10565276
APN: 1466-14-3221
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