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124 Michaels Woods Drive

124 Michaels Woods Drive, Hampton, VA 23666
Property in Farmington
Sold Apr 25, 2023
$320,000
Sold Dec 13, 2017
$229,000
$229,000 by Navy Federal Credit Union
Mortgage
Local assessors in Hampton, VA have categorized 124 Michaels Woods Drive as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 9,866 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 124 Michaels Woods Drive has a total of 1,648 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. 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 406 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 good. 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 wood 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 gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 124 Michaels Woods Drive sold most recently in Apr 10, 2023 for a total of $320,000. If you work out the math, that's approximately a cost of $194.17 per sqft. Before that, the property was also sold for $229,000 in Dec 11, 2017. 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 $3,539 in taxes each year. 124 Michaels Woods Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $305,100. If we break it down further, the land itself was valued at $85,000. Improvements to the property, however, were assessed at a total of $220,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Wood
  • 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 Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 406
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,866
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,648
  • Building Area: 1,648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,648
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MICHAELS WDS OF N
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MICHAELS WDS OF N HPT 3 L14.BG

Ownership

  • Current Owner : VURNAKES EMILY DUDLEY
  • Previous Owner : KIM SANG W
  • Owner Before Previous Owner: DURKEE KENNETH A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Sep 28, 2023

Neighborhood

  • School District Name: Hampton City Public Schools
  • Census Tract: 010307

Zoning

  • Zoning: 6 R-11 ONE

Geography

  • Assessors Map Reference: MB 9 PG 56
  • Account Number: 4004143
  • Section: 014
  • Parcel: 04H014 03 G 014
  • Block: G
  • Lot: 14
  • Municipality: AREA #004
  • Latitude: 37.0573
  • Longitude: -76.4429

    Address

  • Full Address: 124 Michaels Woods Dr
  • Address - House Number: 124
  • Address - Street Name: Michaels Woods
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Hampton
  • Carrier Code: C038
  • 4-Digit Zip Code: 5626
  • Zip Code: 23666

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,539

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 331,779
  • High Value: 389,178
  • Low Value: 274,381

    Market Valuation

  • Market Total Value: $305,100
  • Market Land Value: $85,000
  • Market Improvement Value: $220,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,100
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $220,100

    Sales

  • Current Sale Contract Date: Apr 10, 2023
  • Current Sale Recording Date: Apr 25, 2023
  • Current Sale Transaction ID: 11906172751
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4721
  • Previous Sale Recording Date: Dec 13, 2017
  • Previous Sale Contract Date: Dec 11, 2017
  • Previous Sale Amount: $229,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD POINT NATIONAL BANK OF PHO
  • First Mortgage Transaction Date: Apr 25, 2023
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Dec 13, 2017
  • Previous Mortgage Loan Amount: $229,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Farmington



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Frequently Asked Questions

What neighborhood is 124 Michaels Woods Drive located in?
The 124 Michaels Woods Drive is a located in the neighborhood of Farmington in Farmington, Hampton.
What is the average sales price for listings in 124 Michaels Woods Drive?
The average sales price for units in 124 Michaels Woods Drive is $0 currently.

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