Check Availability

112 Lynn Drive

112 Lynn Drive, Portsmouth, VA 23707
Property in Portsmouth
Sold Jul 21, 2023
$260,000
$255,290 by Homespire Mortgage Corporation
Mortgage Due Aug 01, 2053
Sold Nov 30, 2015
$164,500
$161,519 by Tidewater Home Funding Llc
Mortgage
Local assessors in Portsmouth, VA have categorized 112 Lynn Drive as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 9,583 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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, 3 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 112 Lynn Drive has a total of 1,752 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 320 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 brick control joints. The building has a roof that is made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 112 Lynn Drive sold most recently in Jul 19, 2023 for a total of $260,000. If you work out the math, that's approximately a cost of $148.40 per sqft. Before that, the property was also sold for $164,500 in Nov 21, 2015. 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 $3,322 in taxes each year. 112 Lynn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $265,760. If we break it down further, the land itself was valued at $93,060. Improvements to the property, however, were assessed at a total of $172,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 320
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,752
  • Gross Building Area: 1,752
  • Building Area: 1,752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,752
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LYNN SHORES
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 21 112 LYNN DR

Ownership

  • Current Owner : MARTIN STEPHEN A
  • Current Owner 2: MARTIN URANIA L
  • Previous Owner : SAWYER JASON A
  • Previous Owner 2: SAWYER KELLY L
  • Owner Before Previous Owner: TRUITT MARGARET B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portsmouth City Public Schools
  • Census Tract: 210300

Zoning

  • Zoning: UR

Geography

  • Parcel: 0389-0100
  • Latitude: 36.8478
  • Longitude: -76.3485

    Address

  • Full Address: 112 Lynn Dr
  • Address - House Number: 112
  • Address - Street Name: Lynn
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C025
  • 4-Digit Zip Code: 1016
  • Zip Code: 23707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,322

    Appraisal Valuation

  • Standard Deviation: 0.1175
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 87
  • Final Value: 260,418
  • High Value: 291,039
  • Low Value: 229,797

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,290
  • First Open Lien Mortgage Lender: HOMESPIRE MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 20, 2023
  • First Open Lien Mortgage Loan Amount: $255,290
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $265,760
  • Market Land Value: $93,060
  • Market Improvement Value: $172,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,760
  • Assessed Land Value: $93,060
  • Assessed Improvements Value: $172,700

    Sales

  • Current Sale Contract Date: Jul 19, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Transaction ID: 11910195917
  • Current Sale Price: $260,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 7036
  • Previous Sale Recording Date: Nov 30, 2015
  • Previous Sale Contract Date: Nov 21, 2015
  • Previous Sale Amount: $164,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • Previous Mortgage Transaction Date: Nov 30, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $161,519
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Portsmouth



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 421 Broad Street, Portsmouth, VA, 23707

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
421 Broad Street #1, Portsmouth, VA, 23707 Listing by Lisa Doud
Unit for rent at 407 Florida Avenue, Portsmouth, VA, 23707

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
407 Florida Avenue, Portsmouth, VA, 23707 Listing by Christine Cannizzo
Unit for rent at 202 Woodstock Street, Portsmouth, VA, 23701

$1,305 /mo

  • 2 Beds
  • 1 Bath
  • 736 ft²
202 Woodstock Street, Portsmouth, VA, 23701 Listing by Elizabeth Foster

Frequently Asked Questions

What neighborhood is 112 Lynn Drive located in?
The 112 Lynn Drive is a located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 112 Lynn Drive?
The average sales price for units in 112 Lynn Drive is $0 currently.

Quantcast