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1220 Davis Avenue

1220 Davis Avenue, Chesapeake, VA 23325
Property in Indian River
Sold Aug 11, 2021
$261,700
$256,958 by Cardinal Financial Company Lp
Mortgage
Sold Nov 01, 2011
$190,000
$180,500 by Monarch Bank
Mortgage
Local assessors in Chesapeake, VA have categorized 1220 Davis Avenue as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 2020. The property's lot size has been calculated to be 9,148 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 1220 Davis Avenue has a total of 1,580 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is unsound. 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 hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 1220 Davis Avenue was last sold in Jul 28, 2021 for $261,700. According to our calculations, that's $165.63 per sqft. Prior to that sales transaction, the property was sold for $190,000 in Oct 28, 2011. Current property owners are expected to pay $2,656 in taxes per year. The property on 1220 Davis Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $280,000. To break that down further, the land itself was valued at $120,000. While improvements to the property were assessed at a total of $160,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1962
  • Effective Year Built: 2020
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Unsound
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,580
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: INDIAN RIVER POINT
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 69 INDIAN RIVER POINT

Ownership

  • Current Owner : LINO JOSE LUIS GUARDADO
  • Previous Owner : CAVENDER ALICIA B
  • Owner Before Previous Owner: GILL MICHAEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 020003

Zoning

  • Zoning: R6: RESIDE

Geography

  • Assessors Map Reference: MB 42 PG 63
  • District: 42
  • Parcel: 0201004000690
  • Municipality: WASHINGTON
  • Latitude: 36.8194
  • Longitude: -76.239

    Address

  • Full Address: 1220 Davis Ave
  • Address - House Number: 1220
  • Address - Street Name: Davis
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C009
  • 4-Digit Zip Code: 2937
  • Zip Code: 23325

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,656

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 75
  • Final Value: 303,112
  • High Value: 358,816
  • Low Value: 247,409

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,958
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Aug 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $256,958
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $120,000
  • Market Improvement Value: $160,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,000
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $160,000

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11850769371
  • Current Sale Price: $261,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210036732
  • Previous Sale Recording Date: Nov 01, 2011
  • Previous Sale Contract Date: Oct 28, 2011
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Aug 11, 2021
  • First Mortgage Loan Amount: $256,958
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MONARCH BANK
  • Previous Mortgage Transaction Date: Nov 01, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $180,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 1220 Davis Avenue located in?
The 1220 Davis Avenue is a located in the neighborhood of Indian River in Indian River, Chesapeake.
What is the average sales price for listings in 1220 Davis Avenue?
The average sales price for units in 1220 Davis Avenue is $0 currently.

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