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1416 Kara Court

1416 Kara Court, Virginia Beach, VA 23454
Property in Virginia Beach
Sold Sep 08, 2005
$179,000
$170,050 by Virginia Housing Develop
Mortgage
1416 Kara Court in Virginia Beach, VA was first built in 1981 and is 43 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1416 Kara Court has 1,406 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 5,659 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. 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 condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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 and being fueled with electricity. 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, 1416 Kara Court sold most recently in Aug 17, 2005 for a total of $179,000. If you work out the math, that's approximately a cost of $127.31 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 $2,725 in taxes each year. 1416 Kara Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $275,300. If we break it down further, the land itself was valued at $125,000. Improvements to the property, however, were assessed at a total of $150,300. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,659
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,406
  • Building Area: 1,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,406
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: REDWING
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REDWING RESUB SEC 1 PT 2 LOT 35B

Ownership

  • Current Owner : HOOVER THERESA
  • Previous Owner : COLLINS CHAD M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045408

Zoning

  • Zoning: 18

Geography

  • Assessors Map Reference: PM K122
  • Parcel: 24154701630000
  • Lot: 35B
  • Municipality: BEACH
  • Latitude: 36.791
  • Longitude: -76.0029

    Address

  • Full Address: 1416 Kara Ct
  • Address - House Number: 1416
  • Address - Street Name: Kara
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 5627
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,725
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1443
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 82
  • Final Value: 323,420
  • High Value: 370,109
  • Low Value: 276,731

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $183,791
  • First Open Lien Mortgage Lender: VIRGINIA HOUSING DEVELOP
  • First Open Lien Mortgage Recording Date: Sep 08, 2005
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $170,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: CITY OF VIRGINIA BEACH
  • Second Open Lien Mortgage Recording Date: Nov 14, 2022
  • Second Open Lien Mortgage Loan Amount: $13,741
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2027

    Market Valuation

  • Market Total Value: $275,300
  • Market Land Value: $125,000
  • Market Improvement Value: $150,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,300
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $150,300

    Sales

  • Current Sale Contract Date: Aug 17, 2005
  • Current Sale Recording Date: Sep 08, 2005
  • Current Sale Transaction ID: 1017709325
  • Current Sale Price: $179,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200509080143720

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA HOUSING DEVELOP
  • First Mortgage Transaction Date: Sep 08, 2005
  • First Mortgage Loan Amount: $170,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1416 Kara Court located in?
The 1416 Kara Court is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1416 Kara Court?
The average sales price for units in 1416 Kara Court is $0 currently.

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