new - 6 days on rocket

5558 New Colony Dr, Virginia Beach, VA, 23464

$240,000

Home List Price

$2,850*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,006 SqFt
$239/SqFt
Townhouse

Location

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5558 New Colony Dr, Virginia Beach$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway Spc
Year Built1972
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #10558035
Lot Size0.03 Acres
StatusActive
(New Listing)

About 5558 New Colony Dr

Come and experience this charming two story 2 bedroom with 1.5 bath townhome in the heart of Virginia Beach! Brand new architectural roof just installed 2024 after pics were taken so not shown in photos! Heating and air condition systems both replaced new in 2018!! LVP flooring downstairs and carpet in the bedrooms upstairs! Walk-in laundry area! Exterior storage space! New garbage disposal installed in 2023! Home located in the Tallwood High school district! Updated vanity in bathroom! No flood insurance required and no HOA fees!! Come and enjoy Virginia Beach living in this affordable home!

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 1972
  • Stories: 2
  • Living Area: 1,006 SqFt

Listing Office:

  • Office Name: Atlantic Sothebys Int'l Realty
  • Listing Agent: Kris Weaver

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Driveway Spc

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $239/SqFt

Tax Information:

  • Annual Amount: $1,174
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$320K

Med. Price/SqFt

$223

Avg. Days On Market

27

# of Sold Homes

413

5558 New Colony Dr vs Virginia Beach

6 DAYS ON ROCKET

-21 Days

$240,000

-$80K Less

$239/SqFt

+$16 More

KEY TAKEAWAY

This property is $80K less than the Median Sold Price and $16/SqFt more than other homes in Virginia Beach, VA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10558035

Listing Office:

  • Office Name: Atlantic Sothebys Int'l Realty
  • Listing Agent: Kris Weaver

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,174$118,600
2020$1,181$116,100
2019$1,078$107,600
2018$1,079$107,600
2017$1,079$107,600

History based on county public records data.

Payment Calculator

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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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.

Nearby Schools

school-card-donut-333712
8
/10
  • Fairfield Elementary School

  • 5428 Providence Rd

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-333713
4
/10
  • Woodstock Elementary School

  • 6016 Providence Rd

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-333714
6
/10
  • Arrowhead Elementary School

  • 5549 Susquehanna Dr

  • 1.24 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,469. The majority of Virginia Beach, VA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5558 New Colony Dr

What is the listing price of this property?

The listing price of 5558 New Colony Dr property is $240,000.

What type of property is this?

The property 5558 New Colony Dr is a townhouse located in Virginia Beach, Virginia, 23464.

Is this property for sale now?

Active Listing: 5558 New Colony Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,174 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5558 New Colony Dr has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5558 New Colony Dr is 1,006 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5558 New Colony Dr is 1972.

Rocket HomesVirginiaVirginia Beach234645558 New Colony Dr

This home is located at 5558 New Colony Dr in Virginia Beach, VA and zip code 23464 in the Kempsville neighborhood. This 1,006 square foot home, which was built in 1972, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $240,000.

In October 2024 more than 1 listings in Virginia Beach, VA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. The number of listings in Virginia Beach, VA increased by 8.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 27 days, the median list price was $320,000.

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

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