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1231 Quarter Way

1231 Quarter Way, Virginia Beach, VA 23464
Property in Virginia Beach
Sold Sep 01, 2000
$108,564
$108,200 by First Jefferson Mtg Corp
Mortgage
Local assessors in Virginia Beach, VA have categorized 1231 Quarter Way as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 5,867 square feet. 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, 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 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 Quarter Way has a total of 1,290 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 attached garage for those who need a place to park their vehicle. The garage on the property is 252 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 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 gable style roof that was made of composition shingle. Lots of alum/vinyl siding 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 electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 30, 2000 for $108,564. That's $84.16 per sqft. 1231 Quarter Way was last assessed in 2023. The total value of the property was assessed at $278,800. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $178,800. 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 $2,760. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,867
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,290
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSEMONT FOREST
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSEMONT FOREST SEC 6 PT 2 LOT 128

Ownership

  • Current Owner : SMITH GLENN M
  • Previous Owner : LAPID-FAELLA PRECIOSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046214

Zoning

  • Zoning: 18

Geography

  • Assessors Map Reference: PM D124
  • Parcel: 14751552980000
  • Lot: 128
  • Municipality: ROSE HALL
  • Latitude: 36.7889
  • Longitude: -76.1481

    Address

  • Full Address: 1231 Quarter Way
  • Address - House Number: 1231
  • Address - Street Name: Quarter
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C010
  • 4-Digit Zip Code: 8511
  • Zip Code: 23464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,760
  • Tax Rate Code Area: D01

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 327,480
  • High Value: 369,500
  • Low Value: 285,460

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $173,200
  • First Open Lien Mortgage Lender: FIRST JEFFERSON MTG CORP
  • First Open Lien Mortgage Recording Date: Sep 01, 2000
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $108,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Feb 04, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 22, 2046

    Market Valuation

  • Market Total Value: $278,800
  • Market Land Value: $100,000
  • Market Improvement Value: $178,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,800
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $178,800

    Sales

  • Current Sale Contract Date: Aug 30, 2000
  • Current Sale Recording Date: Sep 01, 2000
  • Current Sale Transaction ID: 1189684844
  • Current Sale Price: $108,564
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST JEFFERSON MTG CORP
  • First Mortgage Transaction Date: Sep 01, 2000
  • First Mortgage Loan Amount: $108,200
  • First Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

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

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