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1205 River Oaks Drive

1205 River Oaks Drive, Norfolk, VA 23502
Property in River Oaks
Sold Dec 29, 2011
$150,000
$146,197 by Prosperity Mortgage Co
Mortgage Due Jan 01, 2042
1205 River Oaks Drive 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 1954 and is 70 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 1205 River Oaks Drive has 1,812 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 17,524 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. Residents will have the luxury of enjoying a patio. 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 gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. 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. 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, 1205 River Oaks Drive was last sold in Dec 21, 2011 for $150,000. According to our calculations, that's $82.78 per sqft. Current property owners are expected to pay $3,064 in taxes per year. The property on 1205 River Oaks Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $245,100. To break that down further, the land itself was valued at $77,700. While improvements to the property were assessed at a total of $167,400. 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: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 17,524
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,812
  • Building Area: 1,812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,812
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF SECTION III RIVER OAKS
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational vehicles / travel trailers
  • Legal Description 1: 37 BLK C RIVER OAKS SEC 3

Ownership

  • Current Owner : BREWER LORENZO E
  • Previous Owner : FARKASH FRED M
  • Previous Owner 2: FARKASH MARY JOYCE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 006200

Zoning

  • Zoning: R7

Geography

  • Section: 921
  • Parcel: 15955800
  • Block: C
  • Latitude: 36.8685
  • Longitude: -76.2173

    Address

  • Full Address: 1205 River Oaks Dr
  • Address - House Number: 1205
  • Address - Street Name: River Oaks
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C018
  • 4-Digit Zip Code: 2041
  • Zip Code: 23502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,064

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 325,070
  • High Value: 380,631
  • Low Value: 269,510

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $181,938
  • First Open Lien Mortgage Lender: PROSPERITY MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 29, 2011
  • First Open Lien Mortgage Loan Amount: $146,197
  • 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: Jan 01, 2042
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jun 10, 2022
  • Second Open Lien Mortgage Loan Amount: $30,709
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2052
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Feb 28, 2024
  • Third Open Lien Mortgage Loan Amount: $5,032
  • Third Open Lien Mortgage Term: 336
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $245,100
  • Market Land Value: $77,700
  • Market Improvement Value: $167,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,100
  • Assessed Land Value: $77,700
  • Assessed Improvements Value: $167,400

    Sales

  • Current Sale Contract Date: Dec 21, 2011
  • Current Sale Recording Date: Dec 29, 2011
  • Current Sale Transaction ID: 1188551576
  • Current Sale Price: $150,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 110025835

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY MORTGAGE CO
  • First Mortgage Transaction Date: Dec 29, 2011
  • First Mortgage Loan Amount: $146,197
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2042

About River Oaks



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Frequently Asked Questions

What neighborhood is 1205 River Oaks Drive located in?
The 1205 River Oaks Drive is a located in the neighborhood of River Oaks in River Oaks, Norfolk.
What is the average sales price for listings in 1205 River Oaks Drive?
The average sales price for units in 1205 River Oaks Drive is $0 currently.

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