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1315 Milton Street

1315 Milton Street, Norfolk, VA 23505
Property in Riverfront
Sold Jul 08, 2021
$275,000
$270,019 by Ovm Financial Inc
Mortgage
Sold Dec 22, 2016
$220,000
$224,730 by Tidewater Home Funding Llc
Mortgage
1315 Milton Street in Norfolk, VA was first built in 1951 and is 73 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. There are a total of 2 floors. 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. 1315 Milton Street has 1,761 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 6,747 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 252 sqft. There is one available parking space. 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 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. 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, 1315 Milton Street was last sold in Jun 30, 2021 for $275,000. According to our calculations, that's $156.16 per sqft. Prior to that sales transaction, the property was sold for $220,000 in Dec 20, 2016. Current property owners are expected to pay $3,548 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1315 Milton Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $283,800. To break that down further, the land itself was valued at $88,000. While improvements to the property were assessed at a total of $195,800. 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. 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. 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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,747
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,761
  • Building Area: 1,761
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,761
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERFRONT SD
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational vehicles / travel trailers
  • Legal Description 1: 1 & 2 BLK 11 RIVERFRONT

Ownership

  • Current Owner : HART GLENN W
  • Current Owner 2: HART PENNY R
  • Previous Owner : CRAMER TC
  • Previous Owner 2: CRAMER SHANNON MARIE
  • Owner Before Previous Owner: GADROW ALIETE F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 001200

Zoning

  • Zoning: R7

Geography

  • Section: 420
  • Parcel: 41638600
  • Block: 11
  • Latitude: 36.9137
  • Longitude: -76.2973

    Address

  • Full Address: 1315 Milton St
  • Address - House Number: 1315
  • Address - Street Name: Milton
  • Address - Suffix Type: St
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C019
  • 4-Digit Zip Code: 3031
  • Zip Code: 23505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,548
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 78
  • Final Value: 330,603
  • High Value: 386,826
  • Low Value: 274,379

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,019
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $270,019
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $283,800
  • Market Land Value: $88,000
  • Market Improvement Value: $195,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,800
  • Assessed Land Value: $88,000
  • Assessed Improvements Value: $195,800

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Transaction ID: 11844790700
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210021092
  • Previous Sale Recording Date: Dec 22, 2016
  • Previous Sale Contract Date: Dec 20, 2016
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Jul 08, 2021
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • Previous Mortgage Transaction Date: Dec 22, 2016
  • Previous Mortgage Loan Amount: $224,730
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Riverfront



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Unit for rent at 1121 Hannah Street, Norfolk, VA, 23505

$1,100 /mo

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  • 1 Bath
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1121 Hannah Street #C, Norfolk, VA, 23505 Listing by Kyle Gerek

Frequently Asked Questions

What neighborhood is 1315 Milton Street located in?
The 1315 Milton Street is a located in the neighborhood of Riverfront in Riverfront, Norfolk.
What is the average sales price for listings in 1315 Milton Street?
The average sales price for units in 1315 Milton Street is $0 currently.

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