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1299 Cutter Point

1299 Cutter Point, Virginia Beach, VA 23454
Sold Aug 27, 2021
$482,000
$493,086 by Mortgage Research Center Llc
Mortgage Due Sep 01, 2051
Sold May 24, 2000
$155,000
$158,100 by Resource Bank
Mortgage
1299 Cutter Point in Virginia Beach, VA was first built in 1974 and is 50 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1299 Cutter Point has 1,854 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,073 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 486 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 26, 2021 for $482,000. That's $259.98 per sqft. Prior to that sales transaction, the property was also sold in May 21, 2000 for $155,000. 1299 Cutter Point was last assessed in 2023. The total value of the property was assessed at $504,400. Specifically, the land the property is located on was valued at $245,000. While improvements on the property were assessed at a total of $259,400. 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 $4,994. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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 / Wood Exterior
Wood Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 486
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,073
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,854
  • Building Area: 1,854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,854
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAUREL COVE
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAUREL COVE SEC 3 LOT 49 BLK K

Ownership

  • Current Owner : PETERSON JOHN ROBERT E
  • Current Owner 2: PETERSON EMMA C
  • Previous Owner : WOHLERS DALE W
  • Previous Owner 2: WOHLERS TAMMI L
  • Owner Before Previous Owner: HILTON RAPHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044401

Zoning

  • Zoning: 12

Geography

  • Assessors Map Reference: PM I051
  • Parcel: 14988742210000
  • Block: K
  • Lot: 49
  • Municipality: LYNNHAVEN
  • Latitude: 36.8747
  • Longitude: -76.0536

    Address

  • Full Address: 1299 Cutter Pt
  • Address - House Number: 1299
  • Address - Street Name: Cutter
  • Address - Suffix Type: Pt
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C039
  • 4-Digit Zip Code: 2014
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,994
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 79
  • Final Value: 550,546
  • High Value: 639,018
  • Low Value: 462,075

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $493,086
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Loan Amount: $493,086
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $504,400
  • Market Land Value: $245,000
  • Market Improvement Value: $259,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $504,400
  • Assessed Land Value: $245,000
  • Assessed Improvements Value: $259,400

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Transaction ID: 11853786991
  • Current Sale Price: $482,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103069323
  • Previous Sale Recording Date: May 24, 2000
  • Previous Sale Contract Date: May 21, 2000
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Aug 27, 2021
  • First Mortgage Loan Amount: $493,086
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RESOURCE BANK
  • Previous Mortgage Transaction Date: May 24, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $158,100
  • Previous Mortgage Term: 360

About Northeast Virginia Beach



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1032 Horton Place, Virginia Beach, VA, 23454 Listing by Diana Hedge

Frequently Asked Questions

What neighborhood is 1299 Cutter Point located in?
The 1299 Cutter Point is a located in the neighborhood of Northeast Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1299 Cutter Point?
The average sales price for units in 1299 Cutter Point is $0 currently.

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