5505 Parliament Dr Virginia Beach, VA 23462
5
Beds
6
Baths
5,132
Sq Ft
0.7
Acres
Highlights
- Finished Room Over Garage
- City Lights View
- Wood Flooring
- Larkspur Middle School Rated A-
- Transitional Architecture
- Main Floor Primary Bedroom
About This Home
As of August 2025This beautiful home was transformed by a builder of custom, upscale homes. Now it offers a unique opportunity to complete his vision & add finishing touches. When you enter the foyer, you will be impressed by gorgeous, detailed woodwork & moldings. Extraordinary solid wood doors & arched windows & doorways flow throughout the home. The expansive living space features a stunning ceiling, fireplace & wood floors. You’ll love the open kitchen & unique custom cabinets in the pantry. The fantastic laundry room also offers solid wood cabinets made by hand. The 1st-floor primary bedroom has a lovely tray ceiling, huge walk-in closet with more amazing cabinetry, & a private bathroom with jetted tub, glass enclosed shower & fireplace. Two additional 1st-fl bedrooms have private baths. You’ll love the huge media room upstairs with its projector, fireplace & bar. The office can also be a bedroom & there are 3 additional flex rooms. The enormous yard is one more unique feature of this home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,505
Year Built
- Built in 1969
Lot Details
- 0.7 Acre Lot
- Property is zoned R10
Home Design
- Transitional Architecture
- Fixer Upper
- Brick Exterior Construction
- Slate Roof
- Composition Roof
Interior Spaces
- 5,132 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- 2 Fireplaces
- Gas Fireplace
- Entrance Foyer
- Home Office
- Utility Room
- City Lights Views
- Crawl Space
- Permanent Attic Stairs
- Home Security System
Kitchen
- Breakfast Area or Nook
- Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Parking
- 2 Car Attached Garage
- Finished Room Over Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Outdoor Features
- Porch
Schools
- Arrowhead Elementary School
- Larkspur Middle School
- Kempsville High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Carolanne Farms Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2025
Closed on
Aug 5, 2025
Sold by
Wallace Eakes Charitable Foundation Inc
Bought by
Barnett Jon and Barnett Kimberly L
Seller's Agent
Julia Shea
Keller Williams Capital Properties
Buyer's Agent
Dion Bridges
Iron Valley Real Estate Hampton Roads
List Price
$649,000
Sold Price
$665,000
Premium/Discount to List
$16,000
2.47%
Views
361
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.80%
Original Mortgage
$532,000
Outstanding Balance
$532,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$169,724
Purchase Details
Closed on
Aug 30, 2016
Sold by
Jones Substitute Trustee James Webb and Wallace Carmer H
Bought by
Wallace Eakes Charitable Foundation Inc
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 |
|---|---|---|---|
| Deed | $665,000 | Fidelity National Title Insura | |
| Trustee Deed | $280,300 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $532,000 | New Conventional | |
| Previous Owner | $256,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $665,000 | +2.5% | $130 / Sq Ft |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- |
| 06/19/2025 06/19/25 | For Sale | $649,000 | -- | $126 / 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 | $5,505 | $567,500 | $136,000 | $431,500 |
| 2023 | $5,001 | $505,200 | $125,000 | $380,200 |
| 2022 | $4,884 | $493,300 | $120,000 | $373,300 |
| 2021 | $4,419 | $446,400 | $112,000 | $334,400 |
| 2020 | $4,405 | $432,900 | $112,000 | $320,900 |
| 2019 | $4,178 | $404,900 | $110,000 | $294,900 |
| 2018 | $4,059 | $404,900 | $110,000 | $294,900 |
| 2017 | $4,130 | $412,000 | $110,000 | $302,000 |
| 2016 | $3,937 | $397,700 | $110,000 | $287,700 |
| 2015 | $5,919 | $380,300 | $110,000 | $270,300 |
| 2014 | $5,240 | $388,100 | $109,200 | $278,900 |
Source: Public Records
Agents Affiliated with this Home
-
Julia Shea
Seller's Agent in 2025
Julia Shea
Keller Williams Capital Properties
(757) 971-6221
223 Total Sales
-
Tyler Marcum
Seller Co-Listing Agent in 2025
Tyler Marcum
Keller Williams Capital Properties
(757) 718-5401
10 Total Sales
-
Dion Bridges
Buyer's Agent in 2025
Dion Bridges
Iron Valley Real Estate Hampton Roads
(757) 831-2048
106 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10589025
APN: 1467-23-9352
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