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1209 Prince Edward Way

1209 Prince Edward Way, Norfolk, VA 23517
Property in Norfolk
Sold Aug 29, 2006
$358,000
$358,000 by Navy Fcu
Mortgage Due Sep 01, 2036
1209 Prince Edward Way 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 1982 and is 42 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1209 Prince Edward Way has 1,404 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 3,297 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 311 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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 B- 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 gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1209 Prince Edward Way sold most recently in Aug 25, 2006 for a total of $358,000. If you work out the math, that's approximately a cost of $254.99 per sqft. 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 $4,461 in taxes each year. 1209 Prince Edward Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $356,900. If we break it down further, the land itself was valued at $126,000. Improvements to the property, however, were assessed at a total of $230,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 311
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,297
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.076
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Watercraft (ships, boats, pwcs, etc.)
  • Legal Description 1: 11 GHENT COMMONS

Ownership

  • Current Owner : MALIONEK SUSAN E
  • Previous Owner : WILLIAMS J WAYNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 003600

Zoning

  • Zoning: PDMU4

Geography

  • Section: 619A
  • Parcel: 70191958
  • Latitude: 36.8614
  • Longitude: -76.2885

    Address

  • Full Address: 1209 Prince Edward Way
  • Address - House Number: 1209
  • Address - Street Name: Prince Edward
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C005
  • 4-Digit Zip Code: 2260
  • Zip Code: 23517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,461

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 76
  • Final Value: 339,016
  • High Value: 399,409
  • Low Value: 278,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $358,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Aug 29, 2006
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $358,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $356,900
  • Market Land Value: $126,000
  • Market Improvement Value: $230,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,900
  • Assessed Land Value: $126,000
  • Assessed Improvements Value: $230,900

    Sales

  • Current Sale Contract Date: Aug 25, 2006
  • Current Sale Recording Date: Aug 29, 2006
  • Current Sale Transaction ID: 1188709881
  • Current Sale Price: $358,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 060036482

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Aug 29, 2006
  • First Mortgage Loan Amount: $358,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2036

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 1209 Prince Edward Way located in?
The 1209 Prince Edward Way is a located in the neighborhood of Norfolk in Norfolk, Norfolk.
What is the average sales price for listings in 1209 Prince Edward Way?
The average sales price for units in 1209 Prince Edward Way is $0 currently.

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