505 Peak Ct, Virginia Beach, VA, 23462

Location

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

Parking1 Space, Assigned/Reserved

Year Built1986

HeatingHeat Pump

CoolingCentral Air

BasementYes

FireplaceWood Burning Fireplace

MLS #10525297

StatusSale Pending
(Under Contract)

About 505 Peak Ct

Super cute condo with beautiful LVP flooring. Both nice-sized bedrooms have ensuite bathrooms and large walk-in closets. Lots of natural light. Patio with storage closet. Great for first time homeowner or investor. Reserved parking space #245. Condo fee covers water, sewer, trash pick up, ground maintenance.

Property Details

Property Features

Property Information:

Architectural Style: Transitional
Year Built: 1986
Stories: 1
Living Area: 957 SqFt

Listing Office:

Office Name: Swell Realty Co
Listing Agent: Julie Butler

Interior Features

Interior Information:

Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
Basement: Yes
Flooring Type: Ceramic, Laminate/LVP
Interior: Fireplace Wood, Scuttle Access, Walk-In Closet, Window Treatments
Fireplace: Wood Burning Fireplace

Bedroom and Bathroom Information:

Full Bathrooms: 2
Total Bedroom Count: 2

Exterior Features

Exterior Information:

Private Pool: No
Exterior: Patio

Parking Information:

Parking: 1 Space, Assigned/Reserved

Utilities

Utilities Information:

Heating: Heat Pump
Cooling: Central Air

School Info

Assigned Schools Information:

Bayside High School, Public Magnet Grades 9-12
Bayside Middle School, Public District Grades 6-8
Williams Elementary School, Public District Grades 4-5
Newtown Elementary School, Public District Grades 2-3

Price Information

Listing Price Info

Price Summary:

List Price: Price Not Disclosed
Price Per SqFt: $157/SqFt

Tax Information:

Annual Amount: $790
Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Virginia Beach, VA

City

Med. List Price

$405K

Med. Price/SqFt

$231

Avg. Days On Market

# of Sold Homes

389

505 Peak Ct vs Virginia Beach

32 DAYS ON ROCKET

-46 Days

Price Not Disclosed

$157/SqFt

-$74 Less

KEY TAKEAWAY

This property is $74/SqFt less than other homes in Virginia Beach, VA.

Based on homes listed in March 2024

MLS Details

MLS Information:

MLS Number: #10525297

Listing Office:

Office Name: Swell Realty Co
Listing Agent: Julie Butler

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$790	$79,800
2020	$645	$63,400
2019	$572	$57,100
2018	$564	$57,100
2017	$564	$56,300

History based on county public records data.

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

/10

Williams Elementary School
892 Newtown Rd
Distance between this listing and this school0.66 miles
Public District Grades 4-5

/10

Newtown Elementary School
5277 Learning Cir
Distance between this listing and this school0.75 miles
Public District Grades 2-3

Middle School

/10

Bayside Middle School
965 Newtown Rd
Distance between this listing and this school1.03 miles
Public District Grades 6-8

High School

/10

Bayside High School
4960 Haygood Rd
Distance between this listing and this school1.49 miles
Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

28%

<35k

64%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

Post Secondary: 47%
High School: 39%
Masters: 13%
Doctorate: 1%

What types of families live nearby?

47%

Single, No Kids

24%

Single, with Kids

14%

Married, No Kids

15%

Married, with Kids

Are the neighbors home owners or renters?

Renters: 56%
Home Owners: 44%

How old are people in this area?

19%

<11 yrs old

12-17 yrs old

31%

18-34 yrs old

35%

35-64 yrs old

65+ yrs old

What do the neighbors do for fun?

Soccer
Pro Boxing
Mexican League Soccer

Where do the neighbors shop?

Forever 21
Burlington
Books-a-Million

Where do the neighbors go to eat?

Dominos Pizza
Popeyes
Church's Chicken

What do the neighbors drive?

Mazda
Dodge
Toyota

What do the neighbors listen to?

Rhythmic Contemporary Hits
Urban Contemporary
Adult Hits

The neighbors living near this home have an average income of $56,647. Residents of Virginia Beach, VA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Peak Ct

What type of property is this?

The property 505 Peak Ct is a condo located in Virginia Beach, Virginia, 23462.

Is this property for sale now?

Sale Pending: 505 Peak Ct is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 505 Peak Ct are:
Williams Elementary School: GreatSchools Rating 3/10
Newtown Elementary School: GreatSchools Rating 4/10
Bayside Middle School: GreatSchools Rating 5/10
Bayside High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $790 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 Peak Ct has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Peak Ct is 957 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Peak Ct is 1986.

Rocket Homes›Virginia›Virginia Beach›23462›505 Peak Ct

This home is located at 505 Peak Ct in Virginia Beach, VA and zip code 23462 in the North West neighborhood. This 957 square foot home was built in 1986. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024.

Between February 2024 and March 2024, Virginia Beach, VA real estate market has seen increase in the number of listings by 7.2%. While the average time on the market in March 2024 was 78 days, the median list price was $405,000.

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