22 days on rocket

5012 Paine Ln, Virginia Beach, VA, 23455

$365,000

Home List Price

$4,334*

Closing Credit

4 Bedrooms
2 Full Baths
1,600 SqFt
$228/SqFt
House

Location

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5012 Paine Ln, Virginia Beach$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Space, Driveway Spc, Street
Year Built1960
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #10550831
StatusActive

About 5012 Paine Ln

The 4-bedroom home you've been looking for has finally hit the market! Paine Lane offers a spacious, updated living in an unbeatable location. Nestled right next to the vibrant Town Center, you'll enjoy the convenience of an array of shopping options and easy access to nearby military bases. This home features a generous, open-concept layout that seamlessly blends modern updates with classic charm. One of the standout features of this property is the inviting screened-in porch. Enjoy the outdoors year-round, whether you're sipping your morning coffee, relaxing with a good book, or hosting gatherings with friends and family. Don’t miss the chance to experience the blend of convenience, comfort, and charm that this home has to offer. This is more than just a house—it’s a place you’ll be proud to call home.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Stories: 1
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: Signature Homes
  • Listing Agent: Remington Blackburn

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, /Dryer Connection, Electric Range, Refrigerator, Washer, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Interior: Scuttle Access, Walk-In Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Storage Shed

Parking Information:

  • Parking: 2 Space, Driveway Spc, Street

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Bayside High School, Public Magnet Grades 9-12
  • Bayside Middle School, Public District Grades 6-8
  • Luxford Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $228/SqFt

Tax Information:

  • Annual Amount: $2,102
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Virginia Beach, VA.

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Virginia Beach, VA

City

Med. Sold Price

$337K

Med. Price/SqFt

$234

Avg. Days On Market

24

# of Sold Homes

388

5012 Paine Ln vs Virginia Beach

22 DAYS ON ROCKET

-2 Days

$365,000

+$28K More

$228/SqFt

-$6 Less

KEY TAKEAWAY

This property is $28K more than the Median Sold Price and $6/SqFt less than other homes in Virginia Beach, VA.

Based on homes sold in September 2024

MLS Details

MLS Information:

  • MLS Number: #10550831

Listing Office:

  • Office Name: Signature Homes
  • Listing Agent: Remington Blackburn

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Last updated on: 10/4/2024, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,102$212,300
2020$1,958$192,500
2019$1,852$184,800
2018$1,853$184,800
2017$1,853$184,800

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-116720
4
/10

  • Luxford Elementary School

  • 4808 Haygood Rd

  • 0.64 miles

  • Public District Grades PK-5

Middle School

school-card-donut-116721
5
/10

  • Bayside Middle School

  • 965 Newtown Rd

  • 0.40 miles

  • Public District Grades 6-8

High School

school-card-donut-116722
5
/10

  • Bayside High School

  • 4960 Haygood Rd

  • 0.26 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,161. Typical income of Virginia Beach, VA residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5012 Paine Ln

What is the listing price of this property?

The listing price of 5012 Paine Ln property is $365,000.

What type of property is this?

The property 5012 Paine Ln is a house located in Virginia Beach, Virginia, 23455.

Is this property for sale now?

Active Listing: 5012 Paine Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5012 Paine Ln are:
Luxford Elementary School: GreatSchools Rating 4/10
Bayside Middle School: GreatSchools Rating 5/10
Bayside High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,102 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5012 Paine Ln has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5012 Paine Ln is 1,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5012 Paine Ln is 1960.

Rocket Homes›Virginia›Virginia Beach›23455›5012 Paine Ln

This home is located at 5012 Paine Ln in Virginia Beach, VA and zip code 23455 in the North West neighborhood. This 1,600 square foot home was built in 1960. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $365,000.

Over 1 listings were sold over their listed price in September 2024 in Virginia Beach, VA. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price. In September 2024 in Virginia Beach, VA there were 3.3% more homes for sale than in August 2024. Listings spent 24 days on the market in September 2024, and had a median list price of $337,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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