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1303 Mediterranean Avenue

1303 Mediterranean Avenue, Virginia Beach, VA 23451
1303 Mediterranean Avenue has been categorized by the local assessors in Virginia Beach, VA as a vacant type of property. The building on the property was first built in 1945 and is 79 years old. The home has a total of 5 rooms. 2 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 Mediterranean Avenue has 1,198 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 8,395 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 419 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open 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 wood control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. 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 no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1303 Mediterranean Avenue was last sold in Dec 21, 2020 for $375,000. According to our calculations, that's $313.02 per sqft. Current property owners are expected to pay $3,408 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1303 Mediterranean Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $344,200. To break that down further, the land itself was valued at $344,200. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • 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: 419
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,395
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,198
  • Building Area: 1,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,198
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Vacant
  • Subdivision: LAKEWOOD
  • Land Acres: 0.193
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: LAKEWOOD 15 FT OF 23 & 24 25 BLK 102

Ownership

  • Current Owner : LONG FLOYD R
  • Current Owner 2: LONG GLENDA M
  • Previous Owner : TOBIN JACQUELINE J
  • Previous Owner 2: FORTUNE JOEL R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044007

Zoning

  • Zoning: 20

Geography

  • Assessors Map Reference: PM L082
  • Parcel: 24270534230000
  • Block: 102
  • Municipality: BEACH
  • Latitude: 36.8408
  • Longitude: -75.9799

    Address

  • Full Address: 1303 Mediterranean Ave
  • Address - House Number: 1303
  • Address - Street Name: Mediterranean
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 4339
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,408
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: D05

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $701,500
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 03, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $701,500
  • First Open Lien Mortgage Term: 374
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2055

    Market Valuation

  • Market Total Value: $344,200
  • Market Land Value: $344,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $344,200
  • Assessed Land Value: $344,200

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Dec 28, 2020
  • Current Sale Transaction ID: 11850865542
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202000119104

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK
  • First Mortgage Transaction Date: Dec 28, 2020
  • First Mortgage Loan Amount: $273,750
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Dec 21, 2021

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 1303 Mediterranean Avenue located in?
The 1303 Mediterranean Avenue is a located in the neighborhood of Downtown Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1303 Mediterranean Avenue?
The average sales price for units in 1303 Mediterranean Avenue is $0 currently.

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