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126 Tower Drive

126 Tower Drive, Virginia Beach, VA 23462
Townhouse in Virginia Beach
126 Tower Drive 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 1977 and is 47 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 126 Tower Drive has 1,578 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,304 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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 gable style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. 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 electricity. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 126 Tower Drive sold most recently in Dec 17, 2019 for a total of $178,500. If you work out the math, that's approximately a cost of $113.12 per sqft. 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 $1,947 in taxes each year. 126 Tower Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $196,700. If we break it down further, the land itself was valued at $58,000. Improvements to the property, however, were assessed at a total of $138,700. 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

Brick Exterior
Vinyl Siding

Driveway

Driveway

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191119
11/19/2019
3 Bed
3 Bath
1578 ft²
$179,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1578 ft²
$178,500 -0.78%
01/02/2020
Brian McIntyre

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,304
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,578
  • Building Area: 1,578
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,578
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARLIAMENT VILLAGE
  • Land Acres: 0.053
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: PARLIAMENT VILLAGE SEC 2 BK Y LOT 4

Ownership

  • Current Owner : BROWN LAWRENCE M
  • Current Owner 2: BROWN JENNIFER D
  • Previous Owner : WONG CHOW DON
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046009

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: PM C084
  • Parcel: 14675211150000
  • Block: Y
  • Lot: 4
  • Municipality: KEMPSVILLE
  • Latitude: 36.8357
  • Longitude: -76.1688

    Address

  • Full Address: 126 Tower Dr
  • Address - House Number: 126
  • Address - Street Name: Tower
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C049
  • 4-Digit Zip Code: 3528
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,947
  • Tax Rate Code Area: D01

    Appraisal Valuation

  • Standard Deviation: 0.1467
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 82
  • Final Value: 267,575
  • High Value: 306,839
  • Low Value: 228,311

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,875
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 02, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $133,875
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $196,700
  • Market Land Value: $58,000
  • Market Improvement Value: $138,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,700
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $138,700

    Sales

  • Current Sale Contract Date: Dec 17, 2019
  • Current Sale Recording Date: Jan 02, 2020
  • Current Sale Transaction ID: 11713948450
  • Current Sale Price: $178,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200102000000020

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE
  • First Mortgage Transaction Date: Jan 02, 2020
  • First Mortgage Loan Amount: $133,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Virginia Beach



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Frequently Asked Questions

What neighborhood is 126 Tower Drive located in?
The 126 Tower Drive is a townhouse located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 126 Tower Drive?
The average sales price for units in 126 Tower Drive is $179,900 , or $114/sqft. currently.

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