502 Summit Ct, Virginia Beach, VA 23462 Property Records

Virginia Beach City property record for 502 Summit Ct, Virginia Beach, VA 23462

Property Summary

Property TypeCondominium
Details2 bd · 1 ba · 866 sqft · built 1985
Owner2 Individual Names on File
Last Sale$90,000 (Jun 2021)
Tax Bill$1,296 (2025)
Deeds & MortgagesJun 2021 Sale & Mortgage
May 2017 Mortgage
APN146-739-77563-490

Property Details

APN / Parcel Number

Primary APN146-739-77563-490

Interior

Bedrooms2 Beds
Full Baths1 Bath
Total Rooms4 Rooms
Stories1 Story
Building Area866 sqft Living Area
1st Floor Area866 sqft
FlooringCarpet
Interior WallsWallboard/Drywall
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1985
Effective Year BuiltEffective 1985
Architectural StyleCondo/Apartment
Exterior MaterialAluminum/Vinyl
Construction TypeFrame
Foundation TypeSlab (Mat/Raft)
Roof TypeGable
Roof MaterialComposition Shingle
Deck Area112 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHeat Pump
SewerConnected

Location & Zoning

Old Parcel Number1467-39-7756-3490
Street Address502 SUMMIT CT
CityVIRGINIA BEACH
StateVA
Zip23462-1681
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Local Zoning CodeA18
Legal DescriptionNEWPOINTE A CONDOMINIUM PHASE 1 BG 24 UNIT 204
Legal SubdivisionNEWPOINTE A CONDOMINIUM
Legal Block1
Legal Lot NumberUNT02
JurisdictionVIRGINIA BEACH CITY VA
Township / Civil DivisionVIRGINIA BEACH
Census Block Group1
Census Block1011
Census Tract40600

Owner

502 Summit Ct, a condominium, is owned by two individuals who bought it in June 2021.

Source: Virginia Beach City records, as of April 2, 2026

Owner of Record2 Individual Names on File
Mailing Address22539 FRIAR ST, WOODLAND HILLS, CA 91367-1716
Owner TypeIndividual
VestingJoint Tenants

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Jun 8, 2021Bargain and Sale Deed, Transfer · Conventional Mortgage
TIDEWATER MORTGAGE SERVICES INC
May 17, 2017Deed of Trust, Mortgage
DITECH FIN'L

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJun 8, 2021 · Amount on File
Deed SaleJun 8, 2021 · Amount on File
Prior SaleJun 8, 2021 · Amount on File
Deed Document Number20216777
Record UpdatedOct 29, 2026

June 2021: Bargain and Sale Deed, Transfer

Document TypeBargain and Sale Deed
JurisdictionVIRGINIA BEACH CITY VA
Recording DateJun 8, 2021
Property Address502 SUMMIT CT, VIRGINIA BEACH, VA 23462-1681
Document Number0000006777
Map ReferenceMB 2388 PG 697
Instrument DateMay 26, 2021
Instrument202103046777
Transaction TypeTransfer
Record UpdatedOct 27, 2022
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$90.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address5401 SAFE HARBOUR WAY, VIRGINIA BEACH, VA 23462-1796

Mortgage

Document Number0000006778
DateJun 8, 2021
Instrument202103046778
Lender
NameTIDEWATER MORTGAGE SERVICES INC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueJul 1, 2051

May 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionVIRGINIA BEACH CITY VA
Property Address502 SUMMIT CT, VIRGINIA BEACH, VA 23462-1681
Document Number0000419600
Instrument DateMay 17, 2017
Transaction TypeMortgage
Record UpdatedMay 30, 2017
Title CompanyTITLE SERVICE AND LIAISON COMPANIES, INDECOMM GLOBAL SVCS

Transferred To (Grantee/Buyer)

NameVerified Name
Address502 SUMMIT CT #204 VIRGINIA BEACH VA 234621681, 204, VIRGINIA BEACH, VA 23462-1681

Mortgage

Document Number0000419600
DateMay 19, 2017
Instrument419600
Lender
NameDITECH FIN'L
AddressTAMPA, FL 33607
Agreement
AmountAmount on Record
Term360 Months
DueMay 18, 2047

Tax Assessment & Valuation

The 2025 property tax bill for 502 Summit Ct was $1,296, up 6.6% from the year before.

Source: Virginia Beach City assessment roll, as of September 29, 2025

Property Jurisdictions

TypeName
StateVirginia
MunicipalityVirginia Beach City
Unified School DistrictVirginia Beach City Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,296.00 (+6.58%)$133,700 Land $54,000 Building $79,700$133,700 Land $54,000 Building $79,700
2024$1,216.00 (+7.61%)
2023$1,130.00$114,200 Land $43,000 Building $71,200$114,200 Land $43,000 Building $71,200

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA has no flood map on file for 502 Summit Ct; there have been 3 flood claims nearby since 1996.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Flood Insurance CostPremium on File
median of 13 policies
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies13 in force
Nearby Flood Claims3 (1996–2011)
Claims Outside the SFHA2 of 3
Most Recent ClaimAug 2011 · Hurricane Irene

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 502 Summit Ct is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 99.6% of Virginia
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF VIRGINIA BEACH
serves 437,994 people · EPA ID VA3810900
Water SourcePurchased surface water from CITY OF NORFOLK
Last State InspectionJun 2023
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 420 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Cox Communications
Cable · Fiber in parts of the area
2,000 / 100
Verizon
Fiber · Fixed Wireless in parts of the area
980 / 880

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