5580 Daniel Smith Rd Virginia Beach, VA 23462
Bayside Neighborhood
Studio
--
Bath
34,604
Sq Ft
142,485
Sq Ft Lot
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
Dec 21, 2021
Sold by
Bay Pointe Va Propco Llc and Harrisonburg Va Propco Llc
Bought by
Monticello Fund Bth-56 Mezz Ll
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cypress Point Propco Llc | $6,793,220 | None Listed On Document | |
| Monticello Fund Bth-56 Mezz Ll | -- | 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
| 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
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