NOT LISTED FOR SALE

5580 Daniel Smith Rd Virginia Beach, VA 23462

Bayside Neighborhood
-- Bed
-- Bath
34,604 Sq Ft
3.27 Acres

About This Home

This home is located at 5580 Daniel Smith Rd, Virginia Beach, VA 23462. 5580 Daniel Smith Rd is a home located in Virginia Beach City with nearby schools including Bettie F. Williams Elementary, Newtown Elementary School, and Diamond Springs Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Virginia Beach Va Propco Llc
Bought by
Cypress Point Propco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2020
Sold by
Hcmf Xxix Llc
Bought by
Virginia Beach Va Propco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,470,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 14, 2012
Sold by
Heritage Limited Vii Llc
Bought by
Hcmf Xxix Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Buyer Sale Price Title Company
Cypress Point Propco Llc $6,793,220 None Listed On Document
Virginia Beach Va Propco Llc $6,973,720 Old Republic Title Ins Co
Hcmf Xxix Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cypress Point Propco Llc $220,000,000
Previous Owner Virginia Beach Va Propco Llc $22,470,000
Source: Public Records

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 $39,675 $4,158,500 $1,094,400 $3,064,100
2024 $39,675 $4,090,200 $1,185,600 $2,904,600
2023 $37,990 $3,837,400 $1,185,600 $2,651,800
2022 $39,157 $3,955,300 $1,185,600 $2,769,700
2021 $40,839 $4,125,200 $1,185,600 $2,939,600
2020 $40,891 $4,018,800 $889,200 $3,129,600
2019 $42,128 $4,186,100 $889,200 $3,296,900
2018 $41,966 $4,186,100 $889,200 $3,296,900
2017 $40,990 $4,088,800 $820,800 $3,268,000
2016 $39,492 $3,989,100 $810,500 $3,178,600
2015 $40,822 $4,123,400 $810,500 $3,312,900
2014 $40,063 $4,235,200 $826,800 $3,408,400
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23462 Bayside

5580 Daniel Smith Rd, Virginia Beach, VA

This home is located at 5580 Daniel Smith Rd, Virginia Beach, VA 23462. 5580 Daniel Smith Rd is a home located in Virginia Beach City with nearby schools including Bettie F. Williams Elementary, Newtown Elementary School, and Diamond Springs Elementary School.

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