NOT LISTED FOR SALE

Estimated Value: $222,000

2 Beds
1.5 Baths
1,250 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $30,000 $24 Per Sq Ft

Est. 640% increase in value since last sale

Current estimated payment $1,423/month

33 Days on Market

Highlights

  • Central Air
  • Vinyl Flooring
  • Heat Pump System

About This Home

As of February 2018

Income Producing 5 yr tenant renting month to month for $1158 mo., Across the street from Norfolk State University Great student rental, subject to accelerated auction sale, list price is opening bid amount and may not reflect the final sales price, seller is considering pre-auction offers and reserves the right to reject any offer. Close to entertainment, dining, shopping, and employment opportunities.

Last Agent to Sell the Property

Chip Jones

Dudley Resources License #0225068396 Listed on: 09/27/2017

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1977

Lot Details

  • 1,699

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • None Elementary And Middle School
  • Bt Washington High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16807800

Townhouse Details

Home Type

Townhome

Year Built

Built in 1977

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1977
  • Property Attached Yn: Yes
  • Ownership: Estate
  • Subdivision Name: None
  • Architectural Style: Low Rise
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1250.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick Veneer, Block, Frame, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: None

Lot Info

  • Parcel Number: 16807800
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1046.5

MLS Schools

  • Elementary School: None
  • High School: BT Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2019
Sold by
Marscheider Properties Llc
Bought by
Norfolk Redevelopment And Housing Author
Current Estimated Value
$222,000

Purchase Details

Closed on
Dec 4, 2017
Sold by
Ericks Angel Sheridan
Bought by
Marscheider Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 3, 2010
Sold by
Ericks Angel Sheridan
Bought by
Hamar Pc Michael B and 1679 Madison Avenue Ericks Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2010
Sold by
Merdalurfsa Llc
Bought by
Ericks Angel Sheridan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Cypress Point Investments Inc
Bought by
Merdalurfsa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2009
Sold by
Lee Maude S and Lee Raymond W
Bought by
Cypress Point Investments Inc

Purchase Details

Closed on
Mar 8, 2007
Sold by
Lee Maude S
Bought by
Lee Maude S and Lee Raymond W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,975
Interest Rate
12.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Norfolk Redevelopment And Housing Author -- Attorney
Marscheider Properties Llc $22,056 Seashore Title & Settlements
Hamar Pc Michael B -- None Available
Ericks Angel Sheridan $103,750 Fidelity National
Merdalurfsa Llc $50,000 Lawyers Title Ins Corp
Cypress Point Investments Inc $94,900 None Available
Lee Maude S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marscheider Properties Llc $50,000
Previous Owner Ericks Angel Sheridan $83,000
Previous Owner Merdalurfsa Llc $78,000
Previous Owner Lee Maude S $64,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2018 02/05/18 Sold $30,000 +20.0% $24 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $25,000 -- $20 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $394 $31,500 $31,500 $0
2023 $1,279 $102,300 $31,500 $70,800
2022 $1,158 $92,600 $21,800 $70,800
2021 $0 $90,600 $19,800 $70,800
2020 $0 $88,800 $18,000 $70,800
2019 $0 $88,600 $18,000 $70,600
2018 $1,128 $90,200 $18,000 $72,200
2017 $1,047 $91,000 $18,000 $73,000
2016 $1,047 $88,700 $18,000 $70,700
2015 $1,020 $88,700 $18,000 $70,700
2014 $1,020 $88,700 $18,000 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1735074

Central Virginia Regional MLS

APN: 16807800