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Beautiful home, this is a must come and see! This home has a first floor bedroom and full bathroom. Waterfront views from the eat-in kitchen and primary bathroom views from the jetted tub are a must come and see. You will love the home great location. Home even has a laundry chute!
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Don’t miss out on this incredible opportunity to make this house your home. Great for rehab loan buyers or buy and-hold investors! With three bedrooms, plus a 300+ converted garage and one bathroom, this home is awaiting its new owner. Whether you’re interested in making it your home, flipping it for a profit or adding it to your rental portfolio, this property offers versatility. Enjoy its prime location near the new Rivers Casino, Bid-A-Wee Golf Course, and Portsmouth City Park. Plus, with easy access to major highways like I-264/64/664 and the Midtown & Downtown Tunnel, commuting is a breeze. Act quickly at this price; this opportunity won’t last long!
Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, click HERE!
Attention investors and renovation enthusiasts! This 3-bedroom, 2-bath brick bungalow, sold as is, requires repairs but offers great potential. This spacious home awaits your creative touch. Don’t miss out on this opportunity!
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Ranch style end-unit townhome freshly painted, updated Kitchen and bathroom! Huge fenced backyard. Convenient to interstates and more. Roof 2018 and HVAC 12/2019. Priced to sell fast!
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4 Bedrooms 3 Full bath beautiful home in South Norfolk. The property also comes with a 1 bedroom 1 bath apartment above the detached garage that is in excellent condition. Some of the photos are virtually staged.
Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, click HERE!
Presenting an expansive corner unit with a delightful open floor plan! Revel in the upgraded kitchen adorned with stainless steel appliances, and ample counter and cabinet space. The kitchen seamlessly connects to a charming dining area, featuring sliding doors that open to a balcony, perfect for unwinding with a cup of coffee. Sunlight bathes the spacious living area through large windows, extending to a versatile flex room, ideal for use as an office or a third bedroom. The primary bedroom boasts a roomy ensuite and a walk-in closet, while a second full bathroom complements the additional bedroom, which also includes its own walk-in closet. Building amenities encompass a picturesque courtyard, recently revamped common areas, reserved parking, and secure building access. Centrally positioned, this condo provides easy access to Ghent, downtown, and various other attractions. Embrace the epitome of comfortable & stylish living!
Red Mill is a very sought-after area in Virginia Beach! It has a very Virginia Beach feel to it. On the East end is the Lagomar neighborhood and the Back Bay Wildlife Refuge. North is Dam Neck Estates, Pine Meadows and Dam Neck Road. On the West is the Strawbridge neighborhood, Mathews Green and Strawbridge Marketplace. South is Heritage Park and Hell’s Point Golf Club. Access to Interstate 264 is way up North via General Booth Blvd to Oceana Blvd or straight up London Bridge Rd. The Virginia Beach Oceanfront is minutes away, up General Booth Blvd! The Pungo neighborhood is close, and Sandbridge is a tourist beach not far away. You’re in luck if you like parks! All of Virginia Beach is park heavy! Including the area around Red Mill. Red Mill Farms Park is a huge park with 2 baseball diamonds on Sandbridge Rd. Nimmo Church is a beautiful old church that serves as a landmark for the locals. The Nimmo Meeting House for the church was built in 1791 which later became the sanctuary. The Strawbridge Neighborhood Park and the Ocean Lakes East Neighborhood Park both have great playgrounds for children to play! Ocean Lakes North Park is essentially a field. Culver Park has a nice playground and tennis courts!
There is a ton of shopping, dining and entertainment in the area! Get your groceries at Food Lion, Walmart, Target, Farm Fresh or Harris Teeter. There is a nice mix of common and uncommon dining options. Check out Chipotle’s, Tropical Smoothie Cafe, Firehouse Subs, Chili’s, Schlotzsky’s, Outback Steakhouse, McDonald’s and Panera Bread. But you could also look into these more unique restaurants: Primo Pizzaria, Lago Mar Pizza, Hip Hops Grill, Chowboy Republic, Rigoletto Italian Bakery and Cafe, Masola Bites, Boardwok and Volcano Sushi Bar! Don’t forget all the Starbucks on every block. other businesses include CVS, OfficeMax, HomeGoods, Michaels, T.J. Maxx, Home Depot, Coastal Edge, Dollar Tree and Regal Cinemas Strawbridge. Nightlife includes many of the restaurants and also includes A.J. Gators, Kelly’s Tavern, FIREBREW Bar & Grill, and Whiskey Kitchen!
Interested in health spots? You are in luck! There is 9Round Fitness, Fitness Together, Anytime Fitness, Orangetheory Fitness, iNLeT Fitness South, Princess Anne Recreation Center, Changing Lives Martial Arts Red Mill Walk, Natural Balance Spa & Yoga, Bayside Yoga Barre, Get In Shape For Women, GNC, Fat Frogs Bike & Fitness and Natural Balance Spa & Yoga!
You get the idea! There is a large amount of every kind of store here. This doesn’t detract from how calm and pleasant the neighborhoods are here.
I would love to show you more about Red Mill! I can get you in to see any of the homes for sale here. I can call the listing agent and schedule a showing for you. And I can help you negotiate your price and terms! If you would like more information, please call 757-466-1009!
Willoughby is a extremely cool neighborhood! It’s West of Ocean View, South of the Chesapeake Bay, East of the Hampton Roads Bay Bridge Tunnel and more Chesapeake Bay, and North of Willoughby Bay and Naval Station Norfolk. Those are some basics. Willoughby is a very striking land feature because it’s a spit! It is a mass of land that juts out over the water and is surrounded on three sides by Chesapeake Bay. Beaches surround this area. If you want your own beach, this is one of the ways you can get it in Coastal Virginia. Shifting sans are continually adding land to the spit in a westward direction. Norfolk created breakwaters and sand replenishment to prevent erosion of the North side beaches. Interstate access is as simple as driving out of the neighborhood. Interstate 64 runs right through Willoughby.
The main attraction of Willoughby is obviously the beaches and the water. While you definitely have plenty of that to enjoy, you have several public parks you can enjoy! There’s Captains Quarters Nature Center and Park, Sarah Constant Beach Park, the interestingly named Monkey Bottom Park, Community Beach Park and Ocean View Golf Course!
Willoughby Inn Seafood Restaurant is near the tip of the spit and has been there for many years. Most of the locals like it. South of the Interstate is Sunset Grill. This one is highly rated and specializes in seafood. The Ocean View Fishing Pier has it’s own restaurant, and as you can imagine, fishing. Greenies is a legendary Willoughby favorite. And the Thirsty Camel has been around for a long time. There are not too many businesses to ruin the quiet Willoughby feeling. But no neighborhood is complete without 2 7-Elevens. A lot of your shopping will be done further south in Ocean View.
If you have a boat, you’re in luck! there are a bunch of boat slips to the south protected from the bay weather. If you need information for the boat slips, contact me and I will put you in touch with the management.
Ocean View Avenue, Norfolk
Ocean View Beach Park is great every day and often they have festivals there with bands and entertainment. The backdrop is for events here is the beautiful Atlantic Ocean!
Schools for Willoughby are ocean View Elementary, Northside Middle School and Granby High School!
Just a heads up for you. Don’t call the area Ocean View in front of any of the home-owners here. They will be offended.
Willoughby By The Water
Here are the stats for the neighborhood at the time of this article. The median home for sale in the Willoughby area is $236,800. Like a lot of Norfolk, the prices are varied. The bottom end comes in at $49,000 and the high end is $1,599.000. Average days to sell the home were 77, so not bad at all. the oldest house for sale was built in 1910 and the newest was this year! Again, a varied supply of houses here. We can get you some more relevant data if you like. Just please let us know!
I would love to show you more about this neighborhood! I can get you in to see any of the homes for sale here. I can call the listing agent and schedule a showing for you. And I can help you negotiate your pricing and terms! If you would like more information, please fill out the form on the right and let’s get started!
Everyone is always looking for the right agent with the tools and knowledge of Real Estate. If you’re looking to sell your home, purchase, or have any questions regarding Real Estate, EuNice Smith can be your Solution. She’s a Real Estate Professional. Whether you’re looking to buy, sell, 1031 exchange, or have any inquiries or questions, she’ll be readily available to tackle all your problems or assist in achieving your desires in Real Estate. Need some assurance? She is backed up by a seasoned Real Estate Group of EXIT Realty Central, an International Corporation located all across the U.S. Your goals, are her goals. If your goals are achieved, then everybody wins. EuNice is passionate about educating buyers and sellers on the real estate process and helping them find their dream homes. She also strives to help buyers gain financial freedom by investing in income properties. By taking advantage of the latest internet marketing tools, EuNice presents the properties she represents to the widest possible range of qualified buyers. She is often described as detailed oriented, honest, hard-working, innovative, and a pleasure to work with. EuNice was born and raised in Chesapeake and has never known a better City than this one, and the surrounding areas. She started working in Real Estate in 2018, and in 2019 as a Real Estate Agent for EXIT Realty Central. Coming from a background in Computer Science, Banking and Finance, Construction, Mortgage Loan Industry., Loan Signing Agent, Notary Public, Property Preservation Home Inspections, and Property Valuation/assessments experience, she grew further to understand Real Estate as a Real Estate Agent. She’s ready to assist clients find their dream home and grow the EXIT franchise. Let EXIT Realty Central be your solution in Real Estate. EuNice also enjoys traveling, watching basketball, listening to music and live bands at the local restaurant’s and outdoor events. She also strives to be a good citizen by volunteering for various organizations.
1 a : a right, claim, or interest existing or valid in
equity b : the money value of a property or of
an interest in a property in excess of claims
or liens against it c : a risk interest or ownership
right in property
Equity is the part of your property that you actually own. If you own property that’s worth $250,000, and you have a mortgage with a remaining loan balance of $100,000, your equity in the property is $150,000. Repeat home buyers usually rely to some extent on the equity in their current home to help buy their next home. The more equity you have, the larger the possible down payment for the trade- up home.
Home equity also equals security, especially at the beginning of a mortgage loan, so little of your payment goes to principal that equity builds slowly.
Naturally, building home equity comes at a price, usually in the form of larger payments. If building home equity means incurring debt to make ends meet, then you’ve defeated the purpose of building equity in the first place.
One way is to make additional principal payments. Additional principal payments make sense when you save more on your mortgage interest expense on an after-tax basis than you would earn on your investments on an after-tax basis.
If you are able to deduct your mortgage interest from your income taxes and your marginal federal income tax rate is 27 percent or higher, then your after-tax cost of mortgage debt is between 3 and 4 percent. For instance, if you earn 4 percent pretax on a five-year CD, and you’re in the 27-percent bracket for federal income taxes, the after-tax return is less than 3 percent.
Before you start making additional principal payments, use one of the many amortization calculators you can find on the internet to do the math – how much interest you would save if you made additional principal payments and how much it would shorten your loan and increase your home equity.
The other way to build home equity faster is to refinance. Recently, the reason most people have refinanced is to lock in a lower interest rate and/or lower their monthly payment. But you can also refinance to shorten the term of your mortgage, which builds equity.
If you had a $200,000 30-year ARM at 8.13 percent and replaced it with a 15-year fixed rate loan at 6.75 percent, your monthly payment would go from $1485.69 to $1769.82.
Most sellers use part of their equity to pay selling costs, such as brokerage commissions and transfer taxes. Also, if you are delinquent on your property taxes, or have other liens secured against the property, such as an IRS tax lien, these would have to be paid at closing.
