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12998 Warwick Boulevard

12998 Warwick Boulevard, Newport News, VA 23602
Property in Oyster Point
Local assessors in Newport News, VA have categorized 12998 Warwick Boulevard as a vacant type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 28,924 square feet. 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.

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. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 frame control joints. The building has a roof that is made of tar and gravel. 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 metal. As for flooring, was the material of choice during construction. The home's a space/suspended heating system is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12998 Warwick Boulevard was last sold in Jun 21, 2023 for $1,000,000. According to our calculations, that's $5,291.01 per sqft. Prior to that sales transaction, the property was sold for $975,000 in Sep 28, 2022. Current property owners are expected to pay $10,280 in taxes per year. The property on 12998 Warwick Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $723,100. To break that down further, the land itself was valued at $723,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Building Condition: Fair
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Metal
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,924
  • Total Building Area: 189
  • Gross Building Area: 189
  • Building Area: 189
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Space/suspended
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: SELO ALLOY JOINT VEN
  • Land Acres: 0.664
  • Standard Land Use Code: Commercial-vacant land
  • Legal Description 1: PAR A1 (0.664 AC) (RSP A & B)

Ownership

  • Current Owner : FSR ENTERPRISES INC
  • Previous Owner : COUSINS REAL ESTATE LLC
  • Owner Before Previous Owner: VRE WOODFIN LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport News City Public Schools
  • Census Tract: 031902

Zoning

  • Zoning: C1

Geography

  • Parcel: 160000102
  • Lot: A1
  • Latitude: 37.1039
  • Longitude: -76.5114

    Address

  • Full Address: 12998 Warwick Blvd
  • Address - House Number: 12998
  • Address - Street Name: Warwick
  • Address - Suffix Type: Blvd
  • State: VA
  • City Name: Newport News
  • Carrier Code: C035
  • 4-Digit Zip Code: 8351
  • Zip Code: 23602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: ION CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Jan 25, 2024
  • First Open Lien Mortgage Loan Amount: $850,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 23, 2026

    Market Valuation

  • Market Total Value: $723,100
  • Market Land Value: $723,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $723,100
  • Assessed Land Value: $723,100

    Sales

  • Current Sale Contract Date: Jun 21, 2023
  • Current Sale Recording Date: Jun 21, 2023
  • Current Sale Transaction ID: 11908593214
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 7236
  • Previous Sale Recording Date: Oct 31, 2022
  • Previous Sale Contract Date: Sep 28, 2022
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUSINS REAL ESTATE LLC
  • First Mortgage Transaction Date: Jun 21, 2023
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 5
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Dec 20, 2023

    Previous Mortgages

  • Previous Mortgage Lender: TOWNEBANK
  • Previous Mortgage Transaction Date: Oct 31, 2022
  • Previous Mortgage Loan Amount: $720,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About North Newport News



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Frequently Asked Questions

What neighborhood is 12998 Warwick Boulevard located in?
The 12998 Warwick Boulevard is a located in the neighborhood of Oyster Point in North Newport News, Newport News.
What is the average sales price for listings in 12998 Warwick Boulevard?
The average sales price for units in 12998 Warwick Boulevard is $0 currently.

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