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1016 72nd Street

1016 72nd Street, Newport News, VA 23605
Property in Newmarket
Sold Oct 27, 1998
$69,000
$64,340 by Old Point Natl
Mortgage
1016 72nd Street in Newport News, VA was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. 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 is only one bathroom. There is a 1 partial bathroom. 1016 72nd Street has 928 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a mixed used garage. The garage is 936 sqft. There are a total of 4 available parking spaces. 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 wood control joints. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 and being fueled with oil. The property was last sold in Oct 16, 1998 for $69,000. That's $74.35 per sqft. 1016 72nd Street was last assessed in 2023. The total value of the property was assessed at $194,200. Specifically, the land the property is located on was valued at $44,000. While improvements on the property were assessed at a total of $150,200. 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 $2,247. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 936
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 928
  • Building Area: 928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 928
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEWMARKET VILLAGE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 9 60X120

Ownership

  • Current Owner : HOLLAND DAVID A
  • Previous Owner : FINNEY JOHN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newport News City Public Schools
  • Census Tract: 031300

Zoning

  • Zoning: R4

Geography

  • Section: 7
  • Parcel: 275000949
  • Block: 32
  • Lot: 9
  • Latitude: 37.0162
  • Longitude: -76.4284

    Address

  • Full Address: 1016 72nd St
  • Address - House Number: 1016
  • Address - Street Name: 72nd
  • Address - Suffix Type: St
  • State: VA
  • City Name: Newport News
  • Carrier Code: C002
  • 4-Digit Zip Code: 1902
  • Zip Code: 23605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,247

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 203,149
  • High Value: 236,810
  • Low Value: 169,488

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,340
  • First Open Lien Mortgage Lender: OLD POINT NATL
  • First Open Lien Mortgage Recording Date: Oct 27, 1998
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $64,340
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $194,200
  • Market Land Value: $44,000
  • Market Improvement Value: $150,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,200
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $150,200

    Sales

  • Current Sale Contract Date: Oct 16, 1998
  • Current Sale Recording Date: Oct 27, 1998
  • Current Sale Transaction ID: 11445723689
  • Current Sale Price: $69,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD POINT NATL
  • First Mortgage Transaction Date: Oct 27, 1998
  • First Mortgage Loan Amount: $64,340
  • First Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1016 72nd Street located in?
The 1016 72nd Street is a located in the neighborhood of Newmarket in South Newport News, Newport News.
What is the average sales price for listings in 1016 72nd Street?
The average sales price for units in 1016 72nd Street is $0 currently.

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