5540 Summer Cres, Virginia Beach, VA 23462 Property Records

Virginia Beach City property record for 5540 Summer Cres, Virginia Beach, VA 23462

Property Summary

Property TypeCondominium
Details3 bd · 2.5 ba · 1,683 sqft · built 2001
Owner2 Individual Names on Record
Last Sale$200,000 (Jun 2015)
Tax Bill$3,066 (2025)
Deeds & MortgagesMar 2018 Mortgage
APN146-788-16745-540

Property Details

APN / Parcel Number

Primary APN146-788-16745-540

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Total Rooms6 Rooms
Stories2 Stories
Building Area1,683 sqft Living Area
Gross Area1,919 sqft
FlooringCarpet
Interior WallsPlaster
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2001
Effective Year BuiltEffective 2001
Architectural StyleCondo/Apartment
Exterior MaterialAluminum/Vinyl
Construction TypeFrame
Foundation TypeRaised
Roof TypeGable
Roof MaterialComposition Shingle
Garage TypeAttached
Garage Area236 sqft
Parking Spaces1 Parking Space
PorchOpen Porch
Porch Area18 sqft
Deck Area484 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Old Parcel Number1467-88-1674-5540
Street Address5540 SUMMER CRES
CityVIRGINIA BEACH
StateVA
Zip23462-1965
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Local Zoning CodeA12
Legal DescriptionSUMMERSET LAKE A CONDO PHASE 11 UNIT 5540
Legal SubdivisionSUMMERSET LAKE A CONDO
Legal Block4
JurisdictionVIRGINIA BEACH CITY VA
Township / Civil DivisionVIRGINIA BEACH
Census Block Group4
Census Block4000
Census Tract40600

Owner

Source: Virginia Beach City records, as of May 8, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on Record
Mailing Address5540 SUMMER CRES, VIRGINIA BEACH, VA 23462-1965
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJun 19, 2015 · Amount on Record
Deed SaleJun 19, 2015 · Amount on Record
Prior SaleFeb 4, 2002 · Amount on Record
Deed Book / Page201506190 / 569220
Record UpdatedOct 29, 2026

March 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionVIRGINIA BEACH CITY VA
Property Address5540 SUMMER CRES, VIRGINIA BEACH, VA 23462-1965
Document Number0000245200
Instrument DateMar 20, 2018
Transaction TypeMortgage
Record UpdatedApr 11, 2018

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000245200
DateMar 27, 2018
Instrument245200
Lender
NameACADEMY NAT'L BK NA
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term84 Months
DueMar 26, 2025
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

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$3,066.00 (+5.04%)$316,100 (+12.89%) Land $99,000 Building $217,100$316,100 (+12.89%) Land $99,000 Building $217,100
2024$2,919.00 (+91.79%)
2023$1,522.00$280,000 Land $94,000 Building $186,000$280,000 Land $94,000 Building $186,000

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

Flood

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

FEMA Flood ZoneNot on file
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies66 units insured
incl. 59 condo units
Nearby Flood Claims1 (2016)
Most Recent ClaimOct 2016 · Hurricane Matthew

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

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

Wildfire RiskNot rated
no burnable land within 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 678 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

Nearby Properties on Summer Cres

Nearby Streets

Search Property Records by Address or Parcel Number