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1303 Kay Avenue

1303 Kay Avenue, Chesapeake, VA 23324
Sold Jun 30, 2020
$150,000
$147,283 by Southern Trust Mortgage Llc
Mortgage
Sold Nov 12, 2014
$115,000
$111,550 by Atlantic Bay Mortgage Group Ll
Mortgage
1303 Kay Avenue has been categorized by the local assessors in Chesapeake, VA as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1303 Kay Avenue has 960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 5,968 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a porch. 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 concrete control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. 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 air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jun 25, 2020 for $150,000. That's $156.25 per sqft. Prior to that sales transaction, the property was also sold in Oct 25, 2014 for $115,000. 1303 Kay Avenue was last assessed in 2023. The total value of the property was assessed at $165,600. Specifically, the land the property is located on was valued at $90,000. While improvements on the property were assessed at a total of $75,600. 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 $1,535. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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

Aluminum Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Concrete
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,968
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CATALINA HEIGHTS
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 9 BLK D EDGEWOOD MANOR

Ownership

  • Current Owner : OLDHAM DYLAN CAINE
  • Previous Owner : PRICE MATTHEW C
  • Previous Owner 2: PRICE DANIELLE N
  • Owner Before Previous Owner: PINKHAM MICHAEL B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 020600

Zoning

  • Zoning: R8S: RESID

Geography

  • Assessors Map Reference: MB 1 PG 64
  • District: 31
  • Parcel: 1530000001760
  • Municipality: SOUTH NORFOLK - TIF
  • Latitude: 36.7931
  • Longitude: -76.2728

    Address

  • Full Address: 1303 Kay Ave
  • Address - House Number: 1303
  • Address - Street Name: Kay
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C011
  • 4-Digit Zip Code: 1727
  • Zip Code: 23324

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,535

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 82
  • Final Value: 200,934
  • High Value: 229,993
  • Low Value: 171,876

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,283
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $147,283
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $165,600
  • Market Land Value: $90,000
  • Market Improvement Value: $75,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,600
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $75,600

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11771769021
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200021110
  • Previous Sale Recording Date: Nov 12, 2014
  • Previous Sale Contract Date: Oct 25, 2014
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $147,283
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • Previous Mortgage Transaction Date: Nov 12, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $111,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About South Norfolk



Similar Buildings

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Nearby Rentals

Unit for rent at 456 Crown Crescent, Chesapeake, VA, 23325

$1,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,487 ft²
456 Crown Crescent, Chesapeake, VA, 23325 Listing by Catrina Watson

Frequently Asked Questions

What neighborhood is 1303 Kay Avenue located in?
The 1303 Kay Avenue is a house located in the neighborhood of South Norfolk in South Norfolk, Chesapeake.
What is the average sales price for listings in 1303 Kay Avenue?
The average sales price for units in 1303 Kay Avenue is $0 currently.

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