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1231 Foursome Lane

1231 Foursome Lane, Virginia Beach, VA 23455
Sold Jun 01, 2016
$155,000
$158,332 by Movement Mortgage Llc
Mortgage
Sold Mar 28, 2014
$145,900
$149,036 by Tidewater Mortgage Servic
Mortgage
Local assessors in Virginia Beach, VA have categorized 1231 Foursome Lane as a residential type of property. The home was built in 1987 and is 37 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 are 2 full bathrooms. 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 1231 Foursome Lane has a total of 1,500 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 324 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 frame control joints. The building has a hip style roof that was made of composition shingle. 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 gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 31, 2016 for $155,000. That's $103.33 per sqft. Prior to that sales transaction, the property was also sold in Mar 27, 2014 for $145,900. 1231 Foursome Lane was last assessed in 2023. The total value of the property was assessed at $201,100. Specifically, the land the property is located on was valued at $72,000. While improvements on the property were assessed at a total of $129,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,991. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 324
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,500
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CYPRESS POINT CONDOMINIUMS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CYPRESS POINT COMMONS CONDOMINIUM PHASE 10 UNIT 1231

Ownership

  • Current Owner : DISE JAMES
  • Previous Owner : SCHNEIDER JEFFREY
  • Owner Before Previous Owner: LEFEVRE DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 040404

Zoning

  • Zoning: 11

Geography

  • Assessors Map Reference: PM C044
  • Parcel: 14686976302190
  • Municipality: BAYSIDE
  • Latitude: 36.8833
  • Longitude: -76.1622

    Address

  • Full Address: 1231 Foursome Ln
  • Address - House Number: 1231
  • Address - Street Name: Foursome
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C038
  • 4-Digit Zip Code: 6818
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,991
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.1399
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 83
  • Final Value: 261,970
  • High Value: 298,623
  • Low Value: 225,318

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,332
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 01, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $158,332
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $201,100
  • Market Land Value: $72,000
  • Market Improvement Value: $129,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,100
  • Assessed Land Value: $72,000
  • Assessed Improvements Value: $129,100

    Sales

  • Current Sale Contract Date: May 31, 2016
  • Current Sale Recording Date: Jun 01, 2016
  • Current Sale Transaction ID: 1571362933
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20160601000462400
  • Previous Sale Recording Date: Mar 28, 2014
  • Previous Sale Contract Date: Mar 27, 2014
  • Previous Sale Amount: $145,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 01, 2016
  • First Mortgage Loan Amount: $158,332
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TIDEWATER MORTGAGE SERVIC
  • Previous Mortgage Transaction Date: Mar 28, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $149,036
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 1231 Foursome Lane located in?
The 1231 Foursome Lane is a located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1231 Foursome Lane?
The average sales price for units in 1231 Foursome Lane is $0 currently.

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