Check Availability

1336 Magnolia Avenue

1336 Magnolia Avenue, Norfolk, VA 23508
Sold Oct 21, 2019
$337,500
$273,375 by Atlantic Bay Mortgage Group Ll
Mortgage
1336 Magnolia Avenue has been categorized by the local assessors in Norfolk, VA as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1336 Magnolia Avenue has 1,424 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 5,497 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 detached garage for those who require parking. The garage measured 339 sqft. According to our sources, there is one available parking space. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. 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 plaster. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery 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, 1336 Magnolia Avenue sold most recently in Oct 18, 2019 for a total of $337,500. If you work out the math, that's approximately a cost of $237.01 per sqft. 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 $4,445 in taxes each year. 1336 Magnolia Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $355,600. If we break it down further, the land itself was valued at $156,500. Improvements to the property, however, were assessed at a total of $199,100. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • 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: Detached
  • Garage Square Area: 339
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,497
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LARCHMONT
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational vehicles / travel trailers
  • Legal Description 1: 26 & 27 BLK 21

Ownership

  • Current Owner : THOMAS WILLIAM H
  • Current Owner 2: THOMAS AMY E
  • Previous Owner : TRENDY PEAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 002400

Zoning

  • Zoning: R8

Geography

  • Section: 465
  • Parcel: 44736625
  • Block: 21
  • Latitude: 36.8952
  • Longitude: -76.3063

    Address

  • Full Address: 1336 Magnolia Ave
  • Address - House Number: 1336
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C013
  • 4-Digit Zip Code: 1148
  • Zip Code: 23508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,445

    Appraisal Valuation

  • Standard Deviation: 0.147
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 82
  • Final Value: 441,588
  • High Value: 506,526
  • Low Value: 376,650

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $273,375
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Oct 21, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $273,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $355,600
  • Market Land Value: $156,500
  • Market Improvement Value: $199,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $355,600
  • Assessed Land Value: $156,500
  • Assessed Improvements Value: $199,100

    Sales

  • Current Sale Contract Date: Oct 18, 2019
  • Current Sale Recording Date: Oct 21, 2019
  • Current Sale Transaction ID: 11672726411
  • Current Sale Price: $337,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190020807

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Oct 21, 2019
  • First Mortgage Loan Amount: $273,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Larchmont-Edgewater



Similar Buildings

House at 1336 Magnolia Avenue,

6012 Upper Brandon Place

  • 1 Unit for Sale
6012 Upper Brandon Place, Norfolk, VA 23508
House at 1336 Magnolia Avenue,

5715 Carillo Avenue

  • 1 Unit for Sale
5715 Carillo Avenue, Norfolk, VA 23508
House at 1336 Magnolia Avenue,

1337 Surrey Crescent

  • 1 Unit for Sale
1337 Surrey Crescent, Norfolk, VA 23508
House at 1336 Magnolia Avenue,

1419 Brunswick Avenue

  • 1 Unit for Sale
1419 Brunswick Avenue, Norfolk, VA 23508
House at 1336 Magnolia Avenue,

1129 Manchester Avenue

  • 1 Unit for Sale
1129 Manchester Avenue, Norfolk, VA 23508
House at 1336 Magnolia Avenue,

5215 Argall Avenue

  • 1 Unit for Sale
5215 Argall Avenue, Norfolk, VA 23508
House at 1336 Magnolia Avenue,

930 Magnolia Avenue

  • 1 Unit for Sale
930 Magnolia Avenue, Norfolk, VA 23508
House at 1336 Magnolia Avenue,

1438 Melrose Parkway

  • 1 Unit for Sale
1438 Melrose Parkway, Norfolk, VA 23508
House at 1336 Magnolia Avenue,

6233 Powhatan Avenue

  • 1 Unit for Sale
6233 Powhatan Avenue, Norfolk, VA 23508

Nearby Rentals

Unit for rent at 245 E 40th Street, Norfolk, VA, 23504

$2,895 /mo

  • 4 Beds
  • 3 Baths
  • 2,778 ft²
245 E 40th Street, Norfolk, VA, 23504 Listing by Amy Doll

Frequently Asked Questions

What neighborhood is 1336 Magnolia Avenue located in?
The 1336 Magnolia Avenue is a house located in the neighborhood of Larchmont-Edgewater in Larchmont-Edgewater, Norfolk.
What is the average sales price for listings in 1336 Magnolia Avenue?
The average sales price for units in 1336 Magnolia Avenue is $337,500 , or $271/sqft. currently.

Quantcast