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1122 Toler Place

1122 Toler Place, Norfolk, VA 23503
Sold Jun 02, 2020
$825,000
$510,400 by Stearns Lending Llc
Mortgage
Local assessors in Norfolk, VA have categorized 1122 Toler Place as a residential type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 11,160 square feet. The linear feet between the front and back of the lot was measured at 1,810 ft and the front of the lot was measured at 500 ft. 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 8 rooms in the home. Of these, 4 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 are 4 full bathrooms. There are also 5 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1122 Toler Place has a total of 2,878 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 390 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - B. The building has a gable style roof that was made of wood shake/ shingles. 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 geo-thermal heating system is the primary heating source and it is being fueled with geo-thermal energy. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 20, 2020 for $825,000. That's $286.66 per sqft. 1122 Toler Place was last assessed in 2023. The total value of the property was assessed at $905,000. Specifically, the land the property is located on was valued at $361,900. While improvements on the property were assessed at a total of $543,100. 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 $11,313. 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.

Building Features

Driveway

Driveway

Parking

Garage Parking
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,160
  • Lot Size Depth Feet: 1,810
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,878
  • Building Area: 2,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Geo-thermal
  • Heated Square Feet: 2,878
  • Heating Fuel Type: Geo-thermal energy

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOUGHBY DUNES SD
  • Land Acres: 0.256
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Watercraft (ships, boats, pwcs, etc.)
  • Legal Description 1: B-B, BLK 27, WILLOUGHBY DUNES

Ownership

  • Current Owner : BUSSA FRANK
  • Current Owner 2: BUSSA MARTA
  • Previous Owner : JOHNSON STEVEN C
  • Previous Owner 2: JOHNSON MARIA T

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 000400

Zoning

  • Zoning: R12

Geography

  • Section: 10
  • Parcel: 25780000
  • Block: 27
  • Latitude: 36.9682
  • Longitude: -76.2825

    Address

  • Full Address: 1122 Toler Pl
  • Address - House Number: 1122
  • Address - Street Name: Toler
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C004
  • 4-Digit Zip Code: 1213
  • Zip Code: 23503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,313

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 79
  • Final Value: 953,008
  • High Value: 1,110,916
  • Low Value: 795,100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $510,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $905,000
  • Market Land Value: $361,900
  • Market Improvement Value: $543,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $905,000
  • Assessed Land Value: $361,900
  • Assessed Improvements Value: $543,100

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Transaction ID: 11767770880
  • Current Sale Price: $825,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200012161

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Jun 02, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Willough Bay



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Frequently Asked Questions

What neighborhood is 1122 Toler Place located in?
The 1122 Toler Place is a house located in the neighborhood of Willough Bay in Willough Bay, Norfolk.
What is the average sales price for listings in 1122 Toler Place?
The average sales price for units in 1122 Toler Place is $0 currently.

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