Check Availability

5524 Summer Crescent

5524 Summer Crescent, Virginia Beach, VA 23462
Sold Oct 17, 2022
$345,000
Sold Dec 26, 2001
$181,540
$130,000 by Tidewater Mortgage
Mortgage
5524 Summer Crescent 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 2001 and is 23 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 5524 Summer Crescent has 2,140 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 252 sqft. According to our sources, there is one available parking space. 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 plaster. 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 forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Oct 4, 2022 for $345,000. That's $161.21 per sqft. Prior to that sales transaction, the property was also sold in Dec 21, 2001 for $181,540. 5524 Summer Crescent was last assessed in 2023. The total value of the property was assessed at $334,100. Specifically, the land the property is located on was valued at $90,000. While improvements on the property were assessed at a total of $244,100. 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 $3,308. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,140
  • Building Area: 2,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,140
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERSET LAKE CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SUMMERSET LAKE A CONDO PHASE 11 UNIT 5524

Ownership

  • Current Owner : SMITH ROBERT ENGLE GENJI
  • Current Owner 2: SMITH KIMBERLY CHIHARU
  • Previous Owner : ROBERT J AND LYNDA H MCBRIDGE TRUST
  • Owner Before Previous Owner: SUMMERSET LAKE LTD
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 040600

Zoning

  • Zoning: 1

Geography

  • Parcel: 14678816745524
  • Municipality: BAYSIDE
  • Latitude: 36.853
  • Longitude: -76.1607

    Address

  • Full Address: 5524 Summer Cres
  • Address - House Number: 5524
  • Address - Street Name: Summer
  • Address - Suffix Type: Cres
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C082
  • 4-Digit Zip Code: 1965
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,308
  • Tax Rate Code Area: D04

    Appraisal Valuation

  • Standard Deviation: 0.1309
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 85
  • Final Value: 386,983
  • High Value: 437,661
  • Low Value: 336,306

    Market Valuation

  • Market Total Value: $334,100
  • Market Land Value: $90,000
  • Market Improvement Value: $244,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,100
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $244,100

    Sales

  • Current Sale Contract Date: Oct 04, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Transaction ID: 11897661391
  • Current Sale Price: $345,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 53834
  • Previous Sale Recording Date: Dec 26, 2001
  • Previous Sale Contract Date: Dec 21, 2001
  • Previous Sale Amount: $181,540
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: TIDEWATER MORTGAGE
  • Previous Mortgage Transaction Date: Dec 26, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $130,000

About Northwest Virginia Beach



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5524 Summer Crescent located in?
The 5524 Summer Crescent 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 5524 Summer Crescent?
The average sales price for units in 5524 Summer Crescent is $0 currently.

Quantcast