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1108 Red Bay Lane

1108 Red Bay Lane, Chesapeake, VA 23322
Sold Apr 12, 2018
$315,600
$252,480 by Bank Of America Na
Mortgage
1108 Red Bay Lane has been categorized by the local assessors in Chesapeake, VA as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1108 Red Bay Lane has 2,091 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 850 ft and across the front of the lot is 1,600 ft. The area measurement of the land has been determined as 14,375 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 304 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Mar 29, 2018 for $315,600. That's $150.93 per sqft. 1108 Red Bay Lane was last assessed in 2023. The total value of the property was assessed at $421,600. Specifically, the land the property is located on was valued at $175,000. While improvements on the property were assessed at a total of $246,600. 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 $3,904. 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. 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: 1987
  • Effective Year Built: 1987
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 304
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 2,091
  • Building Area: 2,091
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,091
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRANDERMILL
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 44 BRANDERMILL SEC FOUR

Ownership

  • Current Owner : KING STEPHANIE J
  • Current Owner 2: KING CAMERON T
  • Previous Owner : KING DEBORAH ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 021012

Zoning

  • Zoning: R12AS: RES

Geography

  • Assessors Map Reference: MB 85 PG 70
  • District: 23
  • Parcel: 0615004000440
  • Municipality: PLEASANT GROVE
  • Latitude: 36.6941
  • Longitude: -76.2045

    Address

  • Full Address: 1108 Red Bay Ln
  • Address - House Number: 1108
  • Address - Street Name: Red Bay
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: R044
  • 4-Digit Zip Code: 7756
  • Zip Code: 23322

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,904

    Appraisal Valuation

  • Standard Deviation: 0.1506
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 81
  • Final Value: 455,534
  • High Value: 524,147
  • Low Value: 386,921

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $467,980
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 12, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $252,480
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Aug 13, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $215,500
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $421,600
  • Market Land Value: $175,000
  • Market Improvement Value: $246,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,600
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $246,600

    Sales

  • Current Sale Contract Date: Mar 29, 2018
  • Current Sale Recording Date: Apr 12, 2018
  • Current Sale Transaction ID: 11448726905
  • Current Sale Price: $315,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180009184

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 12, 2018
  • First Mortgage Loan Amount: $252,480
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Great Bridge East



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Frequently Asked Questions

What neighborhood is 1108 Red Bay Lane located in?
The 1108 Red Bay Lane is a located in the neighborhood of Great Bridge East in Great Bridge East, Chesapeake.
What is the average sales price for listings in 1108 Red Bay Lane?
The average sales price for units in 1108 Red Bay Lane is $0 currently.

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