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5504 Campus Drive

5504 Campus Drive, Virginia Beach, VA 23462
Sold Aug 28, 2014
$90,000
$88,369 by Wells Fargo Bank Na
Mortgage
Sold Apr 13, 2006
$169,900
$173,552 by Tidewater Home Funding
Mortgage
5504 Campus Drive has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 1984 and is 40 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5504 Campus Drive has 1,498 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,185 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Aug 21, 2014 for $90,000. That's $60.08 per sqft. Prior to that sales transaction, the property was also sold in Apr 10, 2006 for $169,900. 5504 Campus Drive was last assessed in 2023. The total value of the property was assessed at $187,900. Specifically, the land the property is located on was valued at $60,000. While improvements on the property were assessed at a total of $127,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,860. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,185
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,498
  • Building Area: 1,498
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,498
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CAMPUS EAST
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: CAMPUS EAST TOWNHOMES SEC 2 BK M LOT 3

Ownership

  • Current Owner : SHONE TEGENE
  • Previous Owner : DAMISA MATTHEW S
  • Owner Before Previous Owner: DOZIER THOMAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 040406

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: PM C053
  • Parcel: 14682496560000
  • Block: M
  • Lot: 3
  • Municipality: KEMPSVILLE
  • Latitude: 36.8701
  • Longitude: -76.1752

    Address

  • Full Address: 5504 Campus Dr
  • Address - House Number: 5504
  • Address - Street Name: Campus
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C084
  • 4-Digit Zip Code: 7301
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,860
  • Tax Rate Code Area: D04

    Appraisal Valuation

  • Standard Deviation: 0.1236
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 86
  • Final Value: 240,906
  • High Value: 270,697
  • Low Value: 211,116

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $98,191
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 28, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $88,369
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jun 27, 2022
  • Second Open Lien Mortgage Loan Amount: $9,822
  • Second Open Lien Mortgage Term: 266
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2044

    Market Valuation

  • Market Total Value: $187,900
  • Market Land Value: $60,000
  • Market Improvement Value: $127,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,900
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $127,900

    Sales

  • Current Sale Contract Date: Aug 21, 2014
  • Current Sale Recording Date: Aug 28, 2014
  • Current Sale Transaction ID: 1005246571
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 13, 2006
  • Previous Sale Contract Date: Apr 10, 2006
  • Previous Sale Amount: $169,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 28, 2014
  • First Mortgage Loan Amount: $88,369
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TIDEWATER HOME FUNDING
  • Previous Mortgage Transaction Date: Apr 13, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $173,552
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Northwest Virginia Beach



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Frequently Asked Questions

What neighborhood is 5504 Campus Drive located in?
The 5504 Campus Drive is a located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
What is the average sales price for listings in 5504 Campus Drive?
The average sales price for units in 5504 Campus Drive is $0 currently.

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