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1245 Foursome Lane

1245 Foursome Lane, Virginia Beach, VA 23455
1245 Foursome Lane has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1245 Foursome Lane has 1,358 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 324 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jul 30, 2020 for $165,000. That's $121.50 per sqft. Prior to that sales transaction, the property was also sold in Jun 12, 2014 for $147,500. 1245 Foursome Lane was last assessed in 2023. The total value of the property was assessed at $199,000. Specifically, the land the property is located on was valued at $72,000. While improvements on the property were assessed at a total of $127,000. 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 $1,970. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200529
05/29/2020
2 Bed
2 Bath
1358 ft²
$175,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1358 ft²
$165,000 -5.71%
08/12/2020
Erica Smith

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 4
  • 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: 1,358
  • Building Area: 1,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,358
  • 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 9 UNIT 1245

Ownership

  • Current Owner : FORRESTER ROBERT D
  • Current Owner 2: FORRESTER MONICA C
  • Previous Owner : CASAVANT SHYLER L
  • Owner Before Previous Owner: IERVOLINO LISA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

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

Zoning

  • Zoning: 11

Geography

  • Assessors Map Reference: PM C044
  • Parcel: 14686976302160
  • Municipality: BAYSIDE
  • Latitude: 36.8833
  • Longitude: -76.1622

    Address

  • Full Address: 1245 Foursome Ln
  • Address - House Number: 1245
  • 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: $1,970
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.1438
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 82
  • Final Value: 232,605
  • High Value: 266,073
  • Low Value: 199,136

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,750
  • First Open Lien Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • First Open Lien Mortgage Recording Date: Aug 12, 2020
  • First Open Lien Mortgage Loan Amount: $123,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $199,000
  • Market Land Value: $72,000
  • Market Improvement Value: $127,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,000
  • Assessed Land Value: $72,000
  • Assessed Improvements Value: $127,000

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 12, 2020
  • Current Sale Transaction ID: 11781309328
  • Current Sale Price: $165,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20200812000721090
  • Previous Sale Recording Date: Jul 01, 2014
  • Previous Sale Contract Date: Jun 12, 2014
  • Previous Sale Amount: $147,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • First Mortgage Transaction Date: Aug 12, 2020
  • First Mortgage Loan Amount: $123,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Jul 01, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $150,671
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Northwest Virginia Beach



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Frequently Asked Questions

What neighborhood is 1245 Foursome Lane located in?
The 1245 Foursome Lane is a townhouse located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1245 Foursome Lane?
The average sales price for units in 1245 Foursome Lane is $175,000 , or $129/sqft. currently.

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