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1038 Chesapeake Avenue

1038 Chesapeake Avenue, Chesapeake, VA 23324
Property in South Norfolk
Sold Jul 26, 2006
$195,000
Buyer
Seller
1038 Chesapeake Avenue in Chesapeake, VA was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1038 Chesapeake Avenue has 2,032 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 6,970 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 asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. 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 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1038 Chesapeake Avenue sold most recently in Jul 17, 2006 for a total of $195,000. If you work out the math, that's approximately a cost of $95.96 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,065 in taxes each year. 1038 Chesapeake Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $222,200. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $152,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 2002
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,032
  • Building Area: 2,032
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,032
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HISTORIC DISTRICT
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 255 FROST & 25 FT BACK OFLOT 293 FROST

Ownership

  • Current Owner : SLIM LENA
  • Previous Owner : NGUYEN VANP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 020300

Zoning

  • Zoning: RSFA1: SIN

Geography

  • Assessors Map Reference: MB 2 PG 56
  • District: 31
  • Parcel: 1280000000430
  • Municipality: SOUTH NORFOLK - TIF
  • Latitude: 36.8177
  • Longitude: -76.2728

    Address

  • Full Address: 1038 Chesapeake Ave
  • Address - House Number: 1038
  • Address - Street Name: Chesapeake
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C018
  • 4-Digit Zip Code: 2409
  • Zip Code: 23324

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,065

    Appraisal Valuation

  • Standard Deviation: 0.12
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 87
  • Final Value: 285,454
  • High Value: 319,731
  • Low Value: 251,176

    Market Valuation

  • Market Total Value: $222,200
  • Market Land Value: $70,000
  • Market Improvement Value: $152,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,200
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $152,200

    Sales

  • Current Sale Contract Date: Jul 17, 2006
  • Current Sale Recording Date: Jul 26, 2006
  • Current Sale Transaction ID: 11467774246
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jul 26, 2006
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1038 Chesapeake Avenue located in?
The 1038 Chesapeake Avenue is a located in the neighborhood of South Norfolk in South Norfolk, Chesapeake.
What is the average sales price for listings in 1038 Chesapeake Avenue?
The average sales price for units in 1038 Chesapeake Avenue is $0 currently.

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