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1221 Egret Point

1221 Egret Point, Virginia Beach, VA 23454
Sold Jul 22, 2003
$400,000
$320,000 by Bank Of America
Mortgage
Sold Aug 30, 1999
$325,000
$140,000 by Prosperity Mortgage Co
Mortgage
1221 Egret Point in Virginia Beach, VA was first built in 1996 and is 28 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1221 Egret Point has 3,451 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 12,359 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 506 sqft. There are a total of 2 available parking spaces. 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 condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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 forced air unit and being fueled with gas. 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. 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, 1221 Egret Point was last sold in Jan 1, 1970 for $400,000. According to our calculations, that's $115.91 per sqft. Prior to that sales transaction, the property was sold for $325,000 in Aug 12, 1999. Current property owners are expected to pay $7,431 in taxes per year. The property on 1221 Egret Point was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $750,600. To break that down further, the land itself was valued at $280,000. While improvements to the property were assessed at a total of $470,600. 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: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,359
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,451
  • Building Area: 3,451
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,451
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SYLVAN LAKE
  • Land Acres: 0.284
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SYLVAN LAKE LOT 12

Ownership

  • Current Owner : GARDNER ROBERT
  • Previous Owner : CARR WILLIAM
  • Owner Before Previous Owner: COWAN DAVID W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044402

Zoning

  • Zoning: 12

Geography

  • Assessors Map Reference: PM J051
  • Parcel: 24084781820000
  • Lot: 12
  • Municipality: LYNNHAVEN
  • Latitude: 36.874
  • Longitude: -76.0316

    Address

  • Full Address: 1221 Egret Pt
  • Address - House Number: 1221
  • Address - Street Name: Egret
  • Address - Suffix Type: Pt
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C018
  • 4-Digit Zip Code: 2318
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,431
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 876,203
  • High Value: 988,632
  • Low Value: 763,775

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Jul 22, 2003
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: $750,600
  • Market Land Value: $280,000
  • Market Improvement Value: $470,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $750,600
  • Assessed Land Value: $280,000
  • Assessed Improvements Value: $470,600

    Sales

  • Current Sale Recording Date: Jul 22, 2003
  • Current Sale Transaction ID: 1164575497
  • Current Sale Price: $400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20030722113419
  • Previous Sale Recording Date: Aug 30, 1999
  • Previous Sale Contract Date: Aug 12, 1999
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Jul 22, 2003
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 30, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360

About Northeast Virginia Beach



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1032 Horton Place, Virginia Beach, VA, 23454 Listing by Diana Hedge

Frequently Asked Questions

What neighborhood is 1221 Egret Point located in?
The 1221 Egret Point is a located in the neighborhood of Northeast Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1221 Egret Point?
The average sales price for units in 1221 Egret Point is $0 currently.

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