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145 Declaration Lane

145 Declaration Lane, Suffolk, VA 23434
Property in Suffolk
Sold Jun 10, 2021
$527,645
$546,640 by Nvr Mortgage Finance Inc
Mortgage
Sold Feb 19, 2021
$183,400
Local assessors in Suffolk, VA have categorized 145 Declaration Lane as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 11,892 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 145 Declaration Lane has a total of 3,252 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 680 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a gable style roof that was made of composition shingle. 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, 145 Declaration Lane was last sold in Jun 7, 2021 for $527,645. According to our calculations, that's $162.25 per sqft. Prior to that sales transaction, the property was sold for $183,400 in Feb 12, 2021. Current property owners are expected to pay $393 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 145 Declaration Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $569,200. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $479,200. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 680
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,892
  • Total Building Area: 3,252
  • Building Area: 3,252
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,252
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PATRIOTS WALKE SD
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L.54,PATRIOTS WALKE,PH.3

Ownership

  • Current Owner : GAINES LEE A
  • Current Owner 2: GAINES MONICA
  • Previous Owner : NVR INC
  • Owner Before Previous Owner: NANSEMOND INVESTMENT CO LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Suffolk City Public Schools
  • Census Tract: 075503

Zoning

  • Zoning: RES LOW-ME

Geography

  • Account Number: 306003966
  • Subdivision Phase Number: 3
  • Parcel: 27M*54
  • Latitude: 36.756
  • Longitude: -76.5421

    Address

  • Full Address: 145 Declaration Ln
  • Address - House Number: 145
  • Address - Street Name: Declaration
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Suffolk
  • Carrier Code: C017
  • 4-Digit Zip Code: 2379
  • Zip Code: 23434

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $393
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: CITY-WIDE

    Appraisal Valuation

  • Standard Deviation: 0.152
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 81
  • Final Value: 597,950
  • High Value: 688,853
  • Low Value: 507,047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $546,640
  • First Open Lien Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Open Lien Mortgage Recording Date: Jun 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $546,640
  • 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: $569,200
  • Market Land Value: $90,000
  • Market Improvement Value: $479,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $569,200
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $479,200

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Transaction ID: 11839690975
  • Current Sale Price: $527,645
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 210010252
  • Previous Sale Recording Date: Feb 19, 2021
  • Previous Sale Contract Date: Feb 12, 2021
  • Previous Sale Amount: $183,400
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Mortgage Transaction Date: Jun 10, 2021
  • First Mortgage Loan Amount: $546,640
  • 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 145 Declaration Lane located in?
The 145 Declaration Lane is a located in the neighborhood of Suffolk in Suffolk, Suffolk.
What is the average sales price for listings in 145 Declaration Lane?
The average sales price for units in 145 Declaration Lane is $0 currently.

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