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1140 Bedford Avenue

1140 Bedford Avenue, Norfolk, VA 23508
Sold Sep 16, 2021
$309,000
$247,200 by Ovm Financial Inc
Mortgage
Sold Jul 31, 2006
$299,900
$269,910 by Navy Fcu
Mortgage Due Aug 01, 2036
1140 Bedford Avenue has been categorized by the local assessors in Norfolk, VA as a residential type of property. The building on the property was first built in 1966 and is 58 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 1140 Bedford Avenue has 1,468 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,410 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Sep 13, 2021 for $309,000. That's $210.49 per sqft. Prior to that sales transaction, the property was also sold in Jul 26, 2006 for $299,900. 1140 Bedford Avenue was last assessed in 2023. The total value of the property was assessed at $312,700. Specifically, the land the property is located on was valued at $108,200. While improvements on the property were assessed at a total of $204,500. 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 $3,909. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1966
  • Effective Year Built: 1966
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,410
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,468
  • Building Area: 1,468
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,468
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAT OF KENILWORTH
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 37 & 38 BLK 2 KENNELWORTH

Ownership

  • Current Owner : MOORE DAVIS D
  • Current Owner 2: TURNER CATE C
  • Previous Owner : LUCKETT MICHAEL D
  • Previous Owner 2: LUCKETT NATASHA R
  • Owner Before Previous Owner: KEEL CHERYL M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

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

Zoning

  • Zoning: R8

Geography

  • Section: 448
  • Parcel: 37324800
  • Block: 2
  • Latitude: 36.9
  • Longitude: -76.3019

    Address

  • Full Address: 1140 Bedford Ave
  • Address - House Number: 1140
  • Address - Street Name: Bedford
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C017
  • 4-Digit Zip Code: 1217
  • Zip Code: 23508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,909

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 78
  • Final Value: 356,277
  • High Value: 417,103
  • Low Value: 295,452

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,200
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $247,200
  • 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: $312,700
  • Market Land Value: $108,200
  • Market Improvement Value: $204,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,700
  • Assessed Land Value: $108,200
  • Assessed Improvements Value: $204,500

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11858755341
  • Current Sale Price: $309,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210029011
  • Previous Sale Recording Date: Jul 31, 2006
  • Previous Sale Contract Date: Jul 26, 2006
  • Previous Sale Amount: $299,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Sep 16, 2021
  • First Mortgage Loan Amount: $247,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Jul 31, 2006
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $269,910
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Larchmont-Edgewater



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Frequently Asked Questions

What neighborhood is 1140 Bedford Avenue located in?
The 1140 Bedford Avenue is a located in the neighborhood of Larchmont-Edgewater in Larchmont-Edgewater, Norfolk.
What is the average sales price for listings in 1140 Bedford Avenue?
The average sales price for units in 1140 Bedford Avenue is $0 currently.

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