$156,747
RENTED FEB 5, 2025
2 Beds
1 Bath
866 Sq Ft
1985 Built

Highlights

  • Porch
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Diamond Springs Elementary School Rated A-
  • Patio
  • Level Entry For Accessibility

About This Home

As of February 2025

Welcome to this charming 1st floor 2 bedroom condo in Virginia Beach, VA! This cozy unit features an open floor plan with stainless steel appliances in the kitchen, perfect for entertaining guests. The large master bedroom boasts a walk-in closet for ample storage space. The spacious laundry room comes equipped with a washer and dryer, making laundry day a breeze. With 2 bedrooms and 1 bathroom, this condo is the perfect space for those looking for a comfortable and convenient living arrangement. "ASK ABOUT OUR ZERO DEPOSIT"

Last Agent to Rent the Property

RuthAnn Fields

Osprey Property Managment Inc Listed on: 01/23/2025

Last Renter's Agent

RuthAnn Fields

Osprey Property Managment Inc Listed on: 01/23/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,326

Year Built

  • Built in 1985

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 866 Sq Ft Home
  • Property has 1 Level
  • Blinds
  • Utility Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Porch

Schools

  • Tri-Campus Elementary School
  • Bayside Middle School
  • Bayside High School

Utilities

  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Sewer Paid

Community Details

Overview

  • Low-Rise Condominium
  • Newpointe Condo Subdivision

Amenities

  • Door to Door Trash Pickup

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,326

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Rental Type: Condominium/Co-op
  • Lease Type: Yearly
  • Lease Conditions: Lease, Security Deposit
  • Rent Includes: None

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Lo Rise
  • GarageYN: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 1.70
  • Estimated Year Built: 1985
  • Address Street Name Website: Summit
  • Address Street Num Website: 5716
  • Address Website: 5716 Summit ARCH
  • Fence: No
  • Insurance Required Y N: Yes
  • Market Time: 13
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Interior Amenities: Dual Entry Bath (Br & Br), Walk-In Closet, Window Treatments
  • Accessibility: Main Floor Laundry, Stepless Entrance
  • Flooring Type: Laminate/LVP
  • Windows Treatments: Blinds
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Porch, Utility Room
  • Appliances: 220 V Elec, Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup
  • Floor Level: 1
  • Stories Number: 1.0000
  • Estimated Sq Ft: 866

Exterior Features

  • Exterior Features: Patio
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Assigned/Reserved

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Heat Pump
  • Heating: Heat Pump

Condo/Co-op/Association

  • Amenities COA/POA: Sewer, Trash Pickup, Water
  • Pets: Pet Deposit Addl, Pet Rent Addl

Schools

  • Elementary School: Tri-Campus Elementary
  • Middle School: Bayside Middle
  • High School: Bayside

Lot Info

  • Waterfront YN: No

MLS Schools

  • Elementary School: Tri-Campus Elementary
  • School High School: Bayside
  • Middle School: Bayside Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Cynar David R
Bought by
Stallings Brad L and Stallings Jessica G
Current Estimated Value
$156,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Outstanding Balance
$88,793
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$67,954

Purchase Details

Closed on
Oct 10, 2005
Sold by
Hovey Scott
Bought by
Cynar David

Purchase Details

Closed on
Jan 24, 2005
Sold by
Hovey Scott A
Bought by
Hovey Albert E
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Stallings Brad L $127,000 Fidelity National Title
Cynar David $77,000 --
Hovey Albert E $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stallings Brad L $95,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Rented $1,475 0.0% --
01/23/2025 01/23/25 For Rent $1,475 -- --
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
2024 $1,326 $136,700 $54,000 $82,700
2023 $1,238 $125,100 $43,000 $82,100
2022 $853 $86,200 $30,000 $56,200
2021 $720 $72,700 $22,000 $50,700
2020 $599 $58,900 $18,000 $40,900
2019 $581 $53,000 $17,000 $36,000
2018 $531 $53,000 $17,000 $36,000
2017 $514 $51,300 $16,500 $34,800
2016 $497 $50,200 $15,800 $34,400
2015 $490 $49,500 $15,800 $33,700
2014 $536 $44,900 $15,800 $29,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10567375

Real Estate Information Network (REIN)

APN: 1467-39-7756-3740