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1117 Lexan Avenue

1117 Lexan Avenue, Norfolk, VA 23508
Sold Jul 21, 2016
$215,000
$219,622 by Navy Fcu
Mortgage
Sold Jun 22, 2011
$160,000
$155,944 by Terrace Mortgage Co
Mortgage Due Jul 01, 2041
Local assessors in Norfolk, VA have categorized 1117 Lexan Avenue as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 5,118 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1117 Lexan Avenue has a total of 983 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1117 Lexan Avenue was last sold in Jul 8, 2016 for $215,000. According to our calculations, that's $218.72 per sqft. Prior to that sales transaction, the property was sold for $160,000 in Jun 1, 2011. Current property owners are expected to pay $3,156 in taxes per year. The property on 1117 Lexan Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $252,500. To break that down further, the land itself was valued at $103,000. While improvements to the property were assessed at a total of $149,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,118
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 0
  • Total Building Area: 983
  • Building Area: 983
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 983
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENILWORTH
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 21 & 22 BLK 2 KENILWORTH

Ownership

  • Current Owner : WOODS ROBERT D
  • Previous Owner : HENDERSON GEOFFREY C
  • Owner Before Previous Owner: JONES WILLIAM J
  • Owner Before Previous Owner 2: JONES PATRICIA G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 002300

Zoning

  • Zoning: R8

Geography

  • Section: 448
  • Parcel: 15921300
  • Block: 2
  • Latitude: 36.9004
  • Longitude: -76.3011

    Address

  • Full Address: 1117 Lexan Ave
  • Address - House Number: 1117
  • Address - Street Name: Lexan
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C017
  • 4-Digit Zip Code: 1236
  • Zip Code: 23508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,156

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 80
  • Final Value: 319,682
  • High Value: 370,278
  • Low Value: 269,087

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $219,622
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Jul 21, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $219,622
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $252,500
  • Market Land Value: $103,000
  • Market Improvement Value: $149,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,500
  • Assessed Land Value: $103,000
  • Assessed Improvements Value: $149,500

    Sales

  • Current Sale Contract Date: Jul 08, 2016
  • Current Sale Recording Date: Jul 21, 2016
  • Current Sale Transaction ID: 1668476620
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 160015539
  • Previous Sale Recording Date: Jun 22, 2011
  • Previous Sale Contract Date: Jun 01, 2011
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Jul 21, 2016
  • First Mortgage Loan Amount: $219,622
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TERRACE MORTGAGE CO
  • Previous Mortgage Transaction Date: Jun 22, 2011
  • Previous Mortgage Loan Amount: $155,944
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2041

About Larchmont-Edgewater



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Frequently Asked Questions

What neighborhood is 1117 Lexan Avenue located in?
The 1117 Lexan Avenue is a located in the neighborhood of Larchmont-Edgewater in Larchmont-Edgewater, Norfolk.
What is the average sales price for listings in 1117 Lexan Avenue?
The average sales price for units in 1117 Lexan Avenue is $0 currently.

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