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125 Parkway Drive

125 Parkway Drive, Newport News, VA 23606
Property in Riverside
Sold Mar 01, 2021
$620,000
$589,000 by Affiliated Mortgage Services
Mortgage
Sold Dec 31, 2014
$369,000
$295,200 by Monarch Bank
Mortgage
Local assessors in Newport News, VA have categorized 125 Parkway Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 20,038 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 6 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 125 Parkway Drive has a total of 3,676 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 344 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 both a covered porch and a patio so you'll have great options in both the front and back of the home. 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 roof that is made of shingle (not wood). 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 plaster. 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 Feb 26, 2021 for $620,000. That's $168.66 per sqft. Prior to that sales transaction, the property was also sold in Dec 17, 2014 for $369,000. 125 Parkway Drive was last assessed in 2023. The total value of the property was assessed at $759,400. Specifically, the land the property is located on was valued at $112,200. While improvements on the property were assessed at a total of $647,200. 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 $8,644. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 344
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 3,676
  • Building Area: 3,676
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,676
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ACREAGE PARCEL
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .46 A D. S. JONES 100X200.51X100X200.28

Ownership

  • Current Owner : WENDELL BRYAN H
  • Current Owner 2: WENDELL ANDREA L
  • Previous Owner : LOCKWOOD JAMES LEE
  • Previous Owner 2: THE LOCKWOOD LIVING TRUST
  • Owner Before Previous Owner: HATCHETT PHILIP L
  • Owner Before Previous Owner 2: HATCHETT ISABEL C D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newport News City Public Schools
  • Census Tract: 031800

Zoning

  • Zoning: R2

Geography

  • Parcel: 244001018
  • Latitude: 37.0516
  • Longitude: -76.4988

    Address

  • Full Address: 125 Parkway Dr
  • Address - House Number: 125
  • Address - Street Name: Parkway
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Newport News
  • Carrier Code: C008
  • 4-Digit Zip Code: 3649
  • Zip Code: 23606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,644

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 82
  • Final Value: 751,148
  • High Value: 861,458
  • Low Value: 640,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $589,000
  • First Open Lien Mortgage Lender: AFFILIATED MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $589,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

    Market Valuation

  • Market Total Value: $759,400
  • Market Land Value: $112,200
  • Market Improvement Value: $647,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $759,400
  • Assessed Land Value: $112,200
  • Assessed Improvements Value: $647,200

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11823769109
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210004235
  • Previous Sale Recording Date: Dec 31, 2014
  • Previous Sale Contract Date: Dec 17, 2014
  • Previous Sale Amount: $369,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AFFILIATED MORTGAGE SERVICES
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $589,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: MONARCH BANK
  • Previous Mortgage Transaction Date: Dec 31, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $295,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Central Newport News



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Frequently Asked Questions

What neighborhood is 125 Parkway Drive located in?
The 125 Parkway Drive is a located in the neighborhood of Riverside in Central Newport News, Newport News.
What is the average sales price for listings in 125 Parkway Drive?
The average sales price for units in 125 Parkway Drive is $0 currently.

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