$399,000
SOLD APR 30, 2025
3 Beds
2 Baths
1,512 Sq Ft
0.35 Acres

Recently Sold

$264 Per Sq Ft

9% Above List Price

9 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • No HOA
  • Shelton Park Elementary School Rated A-
  • Sun or Florida Room
  • Porch

About This Home

As of April 2025

Welcome to 5540 Shell Road in the Lake Smith area of Virginia Beach, a beautifully maintained 3-bedroom, 2-bathroom brick ranch nestled on a 1/3-acre lot surrounded by mature trees for added privacy with an attached one car garage and ample driveway spaces. This one-story home features a new roof (2022) and updated HVAC (heating & cooling) system (2022). Inside, you’ll find an open spacious and functional layout, for relaxation and entertaining. Kitchen with stainless steel appliances. Gorgeous hardwood floors throughout. Primary bedroom with full bathroom. Back of the home opens up to a wonderful 4-seasons room. Enjoy the convenience of single-level living in a peaceful setting, while still being near Shore Drive area shopping, dining, and military bases, as well as Norfolk Premium Outlets and Ikea. Only a quick stroll to Lake Lawson Nature reserve just down the street. Wonderful park and walking paths along the water with boat/kayak launch. So much to love about this home!

Last Agent to Sell the Property

Kevin O'Dea

Own Real Estate LLC Listed on: 03/20/2025

Own Real Estate LLC

Last Buyer's Agent

Jacquelyn Paolella

KW Coastal Virginia Chesapeake

KW Coastal Virginia Chesapeake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,065

Year Built

  • Built in 1963

Lot Details

  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned R5D

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sun or Florida Room
  • Views of Woods
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Storage Shed
  • Porch

Schools

  • Shelton Park Elementary School
  • Bayside Middle School
  • Bayside High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hester C R Property Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,065

Year Built

Built in 1963

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
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 241.40
  • Neighborhood Name: LAKE SMITH
  • Estimated Year Built: 1963
  • Address Street Name Website: Shell
  • Address Website: 5540 Shell RD
  • Fence: Yes
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Interior Amenities: Fireplace Wood, Pull Down Attic Stairs, Window Treatments
  • Fireplaces Number: 1
  • Equipment: Ceiling Fan
  • Flooring Type: Ceramic, Vinyl, Wood
  • 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, PBR with Bath, Porch, Sun Room
  • Appliances: Dishwasher, Disposal, Dryer, Elec Range, Refrigerator, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1512

Exterior Features

  • Exterior Features: Inground Sprinkler, Irrigation Control, Storage Shed
  • Exterior Siding: Brick
  • Fence Description: Back Fenced, Chain Link, Partial
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: Wooded
  • Waterfront Description: Not Waterfront

Garage/Parking

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

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air, Heat Pump
  • Heating: Basebd, Electric, Heat Pump, Oil

Lot Info

  • Waterfront YN: No
  • Zoning: R5D

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 3065

MLS Schools

  • Elementary School: Shelton Park Elementary
  • School High School: Bayside
  • Middle School: Bayside Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Apr 25, 2025
Sold by
Watkins William Howard and Watkins Gabrielle Anna
Bought by
Serrano Hannah
Seller's Agent
Kevin O'Dea
Own Real Estate LLC
Buyer's Agent
Jacquelyn Paolella
KW Coastal Virginia Chesapeake
List Price
$365,000
Sold Price
$399,000
Premium/Discount to List
$34,000
9.32%
Views
300
Current Estimated Value
$396,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,146
Avg. Annual Appreciation
-0.79%
Original Mortgage
$391,773
Outstanding Balance
$390,041
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$6,813

Purchase Details

Closed on
Sep 1, 2022
Sold by
Fields Diane Wells
Bought by
Watkins William Howard and Watkins Gabrielle Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,360
Interest Rate
5.54%
Mortgage Type
VA

Purchase Details

Closed on
Aug 17, 2021
Sold by
Holifield Fields A and Holifield Virginia M
Bought by
Fields Albert Ellett and Fields Diane Wells
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $399,000 Westcor Land Title
Deed $320,000 First American Title
Deed Of Distribution -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,773 FHA
Previous Owner $327,360 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $399,000 +9.3% $264 / Sq Ft
03/29/2025 03/29/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $365,000 -- $241 / 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 $3,065 $332,300 $161,800 $170,500
2024 $3,065 $316,000 $161,800 $154,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10574648

Real Estate Information Network (REIN)

APN: 1469-31-6220