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1001 Neptune Avenue

1001 Neptune Avenue, Virginia Beach, VA 23464
Property in Virginia Beach
Sold Jun 23, 2021
$281,000
$286,454 by Ovm Financial Inc
Mortgage Due Jun 01, 2051
Sold Jul 23, 2014
$222,500
$211,375 by Monarch Bank
Mortgage
1001 Neptune Avenue in Virginia Beach, VA was first built in 1956 and is 68 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1001 Neptune Avenue has 1,460 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,995 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 364 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 21, 2021 for $281,000. That's $192.47 per sqft. Prior to that sales transaction, the property was also sold in Jul 21, 2014 for $222,500. 1001 Neptune Avenue was last assessed in 2023. The total value of the property was assessed at $286,700. Specifically, the land the property is located on was valued at $125,000. While improvements on the property were assessed at a total of $161,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,838. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,995
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,460
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MACDONALD PARK
  • Land Acres: 0.252
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MACDONALD PARK LOT 56

Ownership

  • Current Owner : MATHIS KENNETH
  • Current Owner 2: MATHIS TERESA EILEEN
  • Previous Owner : FLYNN THOMAS J
  • Owner Before Previous Owner: PIERCE DANIEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046204

Zoning

  • Zoning: 12

Geography

  • Assessors Map Reference: PM A093
  • Parcel: 14469795110000
  • Lot: 56
  • Municipality: KEMPSVILLE
  • Latitude: 36.824
  • Longitude: -76.2211

    Address

  • Full Address: 1001 Neptune Ave
  • Address - House Number: 1001
  • Address - Street Name: Neptune
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C037
  • 4-Digit Zip Code: 1729
  • Zip Code: 23464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,838
  • Tax Rate Code Area: D01

    Appraisal Valuation

  • Standard Deviation: 0.164
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 79
  • Final Value: 332,409
  • High Value: 386,952
  • Low Value: 277,865

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $286,454
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jun 23, 2021
  • First Open Lien Mortgage Loan Amount: $286,454
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $286,700
  • Market Land Value: $125,000
  • Market Improvement Value: $161,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,700
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $161,700

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 23, 2021
  • Current Sale Transaction ID: 11840925175
  • Current Sale Price: $281,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103050953
  • Previous Sale Recording Date: Jul 23, 2014
  • Previous Sale Contract Date: Jul 21, 2014
  • Previous Sale Amount: $222,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Jun 23, 2021
  • First Mortgage Loan Amount: $286,454
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MONARCH BANK
  • Previous Mortgage Transaction Date: Jul 23, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $211,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 1001 Neptune Avenue located in?
The 1001 Neptune Avenue is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1001 Neptune Avenue?
The average sales price for units in 1001 Neptune Avenue is $0 currently.

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