A Nice Surprise in Suffolk

Part of what makes Suffolk Surprising: 6232 Burbage Acres Drive.  Built in 1997, this spacious Colonial home has had more than $60,000 worth of upgrades added to the original quality construction.  Well maintained is a true understatement here!  Upgrades include a relaxing sun room and deck to enhance the family room,

New Kitchen

Finished Garage

Spacious Back Yard

new kitchen including granite counter tops, new appliances, a new heating/cooling system, and a finished garage.   Original features include the large master bedroom with a delightful sitting area, the large backyard, and the wood fence.

Sunroom View

Garden Spot

Now the backyard includes a wonderful garden spot with apples, asparagus bed, pears, and blueberries.  Of course, there’s a shed for storage of tools and treasures.

Burbage Grant is a master-planned community with twelve distinct neighborhoods, it’s the pristine homes and impressive location that have made Burbage Grant a booming hit in the Hampton Roads area. The neighborhood name comes from a land grant King Charles I gave to brothers Thomas and James Burbage in 1637.  The amenities, a mix of affordable three- and five-bedroom homes nestled into a hodgepodge of playgrounds, picnic shelters, athletic fields and an elementary school that doubles as the neighborhood’s community center, are pure 21st century fine living!

Burbage Grant was the first community developed as part of the larger Harbour View area in North East Suffolk.  It is right in the heart of Hampton Roads, Virginia, a mere twelve minutes from Downtown Norfolk and Newport News. Conveniently located off I-664, near the Monitor Merrimac Bridge Tunnel, this community is in close proximity to the scenic views and recreational opportunities of the Nansemond and James Rivers.

Another benefit of Burbage Grant’s location is that it enjoys the conveniences of being just a few blocks from Harbour View. This new “downtown” located in Northern Suffolk is already the home of numerous corporate and retail facilities including the Bon Secours Health Center and Emergency Department, two Marriott hotels and a Hilton Garden Inn,  a 16-cinema complex, Lockheed Martin, Northrop Grumman, TowneBank, numerous restaurants, and more.  And, the upcoming Harbour View Town Center is a new 126-acre project that is expected to feature more than two million square feet of retail, office, residential and hotel space.

More convenient location approximate commutes: within 20-30 minutes you can be at EVMS/Sentara medical complex, Chistorpher Newport University in Newport News, the Towne Center complex in Virginia Beach, or Greenbrier Mall/Chesapeake Regional Medical Center area.  The Harborview Medical Complex is less than 10 minutes, the Maryview Hospital Portsmouth is under 15 minutes, and the Navy Regional Medical Center is just 16 minutes.

Schools that serve this community are:   Northern Shores Elementary, 6701 Respass Beach Road;  John Yeates Middle, 4901 Bennett’s Pasture Road;  and Nansemond River High, 3301 Nansemond Parkway.

Additional Resources

This home is currently listed for sale at $342,000 with Maggi Davis, Associate Broker,  Keller Williams Hilltop. For a quick update on this specific home, you can send a text message to 54561 and put P14733 in the message field.  For a personal update from Maggi, send her an email or text a message to 757-288-5547, with Burbage  Acres Info  as the message.  You can review other homes available in Burbage Grant here.

Get general information about current housing trends and other demographic data in Burgage Grant  and Suffolk from my Market Insider Reports. You can request regular alerts tailored to your specific desires in order to stay current with the market activities as a Market Insider Subscriber.

Want information about homes that you drive by? We have an APP for that!Install an app on your Apple or Android mobile device that will enable to search and view homes. From inside the app you can register for a $50,000 drawing.  Provided as a service by Maggi Davis, your local agent serving the Burbage Grant and all neighborhoods in Suffolk, VA; Portsmouth , VA;  and Norfolk, VA.

Country living in Pungo / Back Bay, Virginia Beach VA 23457

Move Out to Country Living

1037 Princess Anne Rd, Back Bay/Pungo, Virginia Beach VA, 23457

Beautifully remodeled ranch on about ½ acre in the Back Bay area near Pungo. Sparkling newly refinished real hardwood floors (the kind you cannot buy today) in this ranch built in 1982. Enjoy the delightful brand new kitchen and modern appliances. Dine in the small, but open dining area that opens on to the screened porch with open views of the sunsets over the fields and forests behind the home. Warm to the radiance of the wood stove situated on the brick hearth. Only $249,950  as listing # 1409854. Check out all the details here.

A wonderful location away from the high traffic of the central city area, the home is just 20-30 minutes away from Oceana Naval Air Station and Dam Neck Fleet Training Center. Shopping, dining and entertainment is even closer. You’ll be just 10 minutes away from the famous “Blue Pete’s Restaurant,” some of the best seafood on the east coast. About 5 miles from the famous Pungo Strawberry Festival site.

Area Amenities

The home is served by Creeds Elementary, Princess Anne Middle, and Kellam High schools. Minutes away are the Virginia Aquarium, many small City Parks, and Munden Point Park. Munden Point Park is a 100-acre park located on the North Landing River, a major leg of the Intercoastal Waterway. With a boat ramp, canoe and kayak rentals, and many other recreational amenities, this is a wonderful site site for everyone.

Additional Resources

For a quick update on this specific home, you can contact Maggi Davis directly with an email or text a message to 757-288-5547, with Princess Anne Info as the message.

Get general information about current housing trends and other demographic data in Princess Anne Plaza from my Market Insider Reports. You can request regular alerts tailored to your specific desires in order to stay current with the market activities as a Market Insider Subscriber.

Want information about homes that you drive by? We have an APP for that!Install an app on your Apple or Android mobile device that will enable to search and view homes. From inside the app you can register for a $50,000 drawing.  Provided as a service by Maggi Davis, your local agent serving the Pungo, Back Bay and all neighborhoods in Virginia Beach, VA and Norfolk, VA.

Recent Home Financing News

Increased VA Guaranty for Loans in Hampton Roads

The Department of Veterans Affairs (VA) Loan Guaranty program does not set a maximum amount that an eligible Veteran may borrow using a VA-guaranteed loan. The VA publishes a table, and provides regular updates, for the maximum guaranty amount by geographic area. The latest table shows updates to limits that apply to all loans closed February 28, 2014, through December 31, 2014. VA loan limits are based on median home values estimated by the Federal Housing Administration (FHA). These values are the basis for which VA calculates limits for the program. For 2014, some limits increased, some stayed the same, and a few decreased.

The maximum guaranty amount (available for loans over $144,000) is 25 percent of the 2014 VA loan limit shown in the table. Therefore, a Veteran in Hampton Roads with full entitlement available may borrow up to the 2014 VA loan limit shown below and VA will guarantee 25 percent of the loan amount. If a Veteran has previously used entitlement that has not been restored, the maximum guaranty amount available to that Veteran must be reduced accordingly. Lenders nay set their own investor requirements regarding guaranty amounts and down payments. Lenders may make loans to Veterans over the calculated maximum loan limit; however, lenders may require Veterans to make a down payment in these types of transactions.

Questions about VA loans in a particular case may be directed to the VA Regional Loan Center for the local area.  For the Hampton Roads Area the VA Regional Benefit Center is in Roanoke.  For the Hampton Roads area the Maximum Guaranty for a VA Loan is $458,850 for loans closed between February 28, 2014 and December 31, 2014. Review the full list of maximum guaranty limits by area here.

Reverse mortgages can now be used to purchase a new primary residence.

Reverse mortgages have become increasingly popular for seniors in the last few years, but few people realize a reverse mortgage can be used in the purchase of new home. This type of transaction might be especially useful for a senior purchaser who is downsizing from a larger home and may have a significant amount for a down payment. The big upside is that there will be no monthly mortgage payment as long as the home remains the primary residence. There are still payments for real estate taxes, utilities, and insurance. Of course, there will be continuing costs for maintenance and upkeep.

Read more details about this creative use of the reverse mortgage financing here.

Additional Resources

Get general information about current housing trends and other demographic data in Hampton Roads from my Market Insider Reports. You can request regular alerts tailored to your specific desires in order to stay current with the market activities as a Market Insider Subscriber.  For more specific information about buying or selling your home, please send Maggi an email directly.

Want information about homes that you drive by? We have an APP for that!Install an app on your Apple or Android mobile device that will enable to search and view homes.  From inside the app you can register for a $50,000 drawing.  Provided as a service by Maggi Davis, your local agent serving all neighborhoods in Virginia Beach, VA and Norfolk, VA.

1433 Pandoria Court, Virgnia Beach VA 23455 on Lake Lawson

The Villas at Lake Lawson Virginia Beach VA

1433 Pandoria Court, Virginia Beach VA 23455, $279,000

In early 2000’s, the Villas at Lake Lawson became available to allow homeowners to experience the peace and serenity of quite lakefront living conveniently located for shopping, military bases, and entertainment. With its gorgeous view from the multi-level deck in the large private back yard and open floor plan with 3 large bedrooms plus loft, this elegantly appointed home also provides a bedroom and bath on first floor. The open great room with vaulted ceiling has a sunny southern exposure and wonderful view of landscaped lakefront. View a Virtual Tour here.  Request to see the home here.

With approximately 2,150 SF, the home has 3 bedrooms and 3 full baths. It’s an end unit with 2 living levels, 2 car attached garage, a pantry, utility room, and walk-in closet. Get all the details here.

Attached homes in the area have been available in the last year and tend to move quickly. For general information about current market conditions in the 23455 area of Virginia Beach VA, Maggi Davis provides a Market Insider report here.  You can also review community demographic information, schools and other helpful information.  For specific information about the homes for sale in the Villas at Lake Lawson, please contact Maggi Davis directly.

Neighborhood Resources

Located in the northwest corner of Virginia Beach, the Villas at Lake Lawson is just minutes away from Little Creek Navy base, and has very convenient commute routes to NOB, EVMS, ODU, and dowtown Norfolk. Less than 10 minutes away from the Chesapeake Bay beaches and about about 20 minutes from the Oceanfront beaches, the location offers the best combination of relaxed home life and convenience to entertainment excitement. Schools serving this home are Shelton Park Elementary, Bayside Middle, and Bayside High. While many private schools are available, Norfolk Academy is less than 10 minutes away.

Additional Resources

For a quick update on this specific home,  you can send a text message to 54561 and put P14411 in the message field.

Get general information about current housing trends and other demographic data in Princess Anne Plaza from my Market Insider Reports. You can request regular alerts tailored to your specific desires in order to stay current with the market activities as a Market Insider Subscriber.

Want information about homes that you drive by? We have an APP for that!Install an app on your Apple or Android mobile device that will enable to search and view homes.  From inside the app you can register for a $50,000 drawing.  Provided as a service by Maggi Davis, your local agent serving the Villas at Lake Lawson and all neighborhoods in Virginia Beach, VA and Norfolk, VA.