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1307 Tallwood Street

1307 Tallwood Street, Norfolk, VA 23518
House in Norfolk
Sold Jun 03, 2021
$291,000
$297,693 by Cornerstone Home Lending Inc
Mortgage
Sold Jun 01, 2018
$225,000
$214,672 by Caliber Home Loans Inc
Mortgage
1307 Tallwood Street in Norfolk, VA was first built in 1942 and is 82 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1307 Tallwood Street has 1,941 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 11,657 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. 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 quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. 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 central heating system. 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. 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, 1307 Tallwood Street sold most recently in May 19, 2021 for a total of $291,000. If you work out the math, that's approximately a cost of $149.92 per sqft. Before that, the property was also sold for $225,000 in May 30, 2018. 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 $3,604 in taxes each year. 1307 Tallwood Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $288,300. If we break it down further, the land itself was valued at $114,500. Improvements to the property, however, were assessed at a total of $173,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,657
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,941
  • Building Area: 1,941
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,941
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHEROKEE HEIGHTS
  • Land Acres: 0.268
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 2 BLK 6 CHEROKEE HTS SEC E

Ownership

  • Current Owner : MORGAN CHRISTOPHER SCOTT
  • Current Owner 2: MORGAN JULIA
  • Previous Owner : GRACE PARKER JORDAN
  • Previous Owner 2: GRACE AMBER
  • Owner Before Previous Owner: MOONSTRUCK PROPERTIES LLC A VIRGINIA LIM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 005601

Zoning

  • Zoning: R6

Geography

  • Section: 1193
  • Parcel: 17937000
  • Block: 6
  • Latitude: 36.9277
  • Longitude: -76.2393

    Address

  • Full Address: 1307 Tallwood St
  • Address - House Number: 1307
  • Address - Street Name: Tallwood
  • Address - Suffix Type: St
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C008
  • 4-Digit Zip Code: 2645
  • Zip Code: 23518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,604

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 78
  • Final Value: 334,069
  • High Value: 390,640
  • Low Value: 277,499

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,693
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $297,693
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $288,300
  • Market Land Value: $114,500
  • Market Improvement Value: $173,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,300
  • Assessed Land Value: $114,500
  • Assessed Improvements Value: $173,800

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11840574249
  • Current Sale Price: $291,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210017026
  • Previous Sale Recording Date: Jun 01, 2018
  • Previous Sale Contract Date: May 30, 2018
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $297,693
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Jun 01, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $214,672
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 1307 Tallwood Street located in?
The 1307 Tallwood Street is a house located in the neighborhood of Norfolk in Norfolk, Norfolk.
What is the average sales price for listings in 1307 Tallwood Street?
The average sales price for units in 1307 Tallwood Street is $0 currently.

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