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1220 Hibie Street

1220 Hibie Street, Norfolk, VA 23523
Property in Campostella
Sold Nov 22, 2021
$238,000
$243,474 by Caliber Home Loans Inc
Mortgage
1220 Hibie Street in Norfolk, VA was first built in 1953 and is 71 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1220 Hibie Street has 2,110 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,316 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a detached garage. The garage is 392 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 1220 Hibie Street sold most recently in Nov 18, 2021 for a total of $238,000. If you work out the math, that's approximately a cost of $112.80 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 $3,353 in taxes each year. 1220 Hibie Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $268,200. If we break it down further, the land itself was valued at $58,000. Improvements to the property, however, were assessed at a total of $210,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 1953
  • Effective Year Built: 1953
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 392
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,316
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,110
  • Building Area: 2,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 109 & 111

Ownership

  • Current Owner : FLORES CHRISTOPHER
  • Current Owner 2: FLORES ASHLEY
  • Previous Owner : WAGA KIP R
  • Previous Owner 2: THE VICTORIA HOMES IMPROVMENT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 005100

Zoning

  • Zoning: R8

Geography

  • Section: 368
  • Parcel: 20293700
  • Latitude: 36.8307
  • Longitude: -76.2704

    Address

  • Full Address: 1220 Hibie St
  • Address - House Number: 1220
  • Address - Street Name: Hibie
  • Address - Suffix Type: St
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C006
  • 4-Digit Zip Code: 1712
  • Zip Code: 23523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,353

    Appraisal Valuation

  • Standard Deviation: 0.1876
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 75
  • Final Value: 293,533
  • High Value: 348,618
  • Low Value: 238,448

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,474
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $243,474
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $268,200
  • Market Land Value: $58,000
  • Market Improvement Value: $210,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,200
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $210,200

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11872445607
  • Current Sale Price: $238,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210036084

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $243,474
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Campostella



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Frequently Asked Questions

What neighborhood is 1220 Hibie Street located in?
The 1220 Hibie Street is a located in the neighborhood of Campostella in Campostella, Norfolk.
What is the average sales price for listings in 1220 Hibie Street?
The average sales price for units in 1220 Hibie Street is $0 currently.

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