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149 Towne Square Drive

149 Towne Square Drive, Newport News, VA 23607
Townhouse in River
Sold Aug 31, 2018
$92,000
$90,333 by Atlantic Bay Mortgage Group Ll
Mortgage Due Aug 31, 2048
Sold Jan 28, 2011
$110,000
$85,000 by Bank Of America Na
Mortgage
149 Towne Square Drive has been categorized by the local assessors in Newport News, VA as a residential type of property. The building on the property was first built in 1970 and is 54 years old. The home has a total of 3 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 149 Towne Square Drive has 1,300 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 4,356 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 wood control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. 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, 149 Towne Square Drive sold most recently in Aug 23, 2018 for a total of $92,000. If you work out the math, that's approximately a cost of $70.77 per sqft. Before that, the property was also sold for $110,000 in Dec 29, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,684 in taxes each year. 149 Towne Square Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $141,000. If we break it down further, the land itself was valued at $31,200. Improvements to the property, however, were assessed at a total of $109,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1970
  • Effective Year Built: 1970
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,300
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWNE SQUARE CONDO
  • Land Acres: 0.1
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 149

Ownership

  • Current Owner : SESSOMS GREGORY S
  • Previous Owner : SULLIVAN PATRICIA M
  • Owner Before Previous Owner: BROWN SHARON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newport News City Public Schools
  • Census Tract: 031100

Zoning

  • Zoning: R5

Geography

  • Parcel: 278000873
  • Lot: 149
  • Latitude: 37.0136
  • Longitude: -76.4511

    Address

  • Full Address: 149 Towne Square Dr
  • Legal Unit: 149
  • Address - House Number: 149
  • Address - Street Name: Towne Square
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Newport News
  • Carrier Code: C006
  • 4-Digit Zip Code: 1507
  • Zip Code: 23607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,684

    Appraisal Valuation

  • Standard Deviation: 0.1918
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 167,600
  • High Value: 199,745
  • Low Value: 135,454

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $158,571
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Aug 31, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $90,333
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 31, 2048
  • Second Open Lien Mortgage Lender: NEWPORT NEWS SHIPBUILDING EMPL
  • Second Open Lien Mortgage Recording Date: May 24, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $43,350
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 24, 2052
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Mar 13, 2024
  • Third Open Lien Mortgage Loan Amount: $24,888
  • Third Open Lien Mortgage Term: 479
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Mar 01, 2064

    Market Valuation

  • Market Total Value: $141,000
  • Market Land Value: $31,200
  • Market Improvement Value: $109,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,000
  • Assessed Land Value: $31,200
  • Assessed Improvements Value: $109,800

    Sales

  • Current Sale Contract Date: Aug 23, 2018
  • Current Sale Recording Date: Aug 31, 2018
  • Current Sale Transaction ID: 11505109180
  • Current Sale Price: $92,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180011467
  • Previous Sale Recording Date: Jan 28, 2011
  • Previous Sale Contract Date: Dec 29, 2010
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Aug 31, 2018
  • First Mortgage Loan Amount: $90,333
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jan 28, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 149 Towne Square Drive located in?
The 149 Towne Square Drive is a townhouse located in the neighborhood of River in South Newport News, Newport News.
What is the average sales price for listings in 149 Towne Square Drive?
The average sales price for units in 149 Towne Square Drive is $0 currently.

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