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1517 Layden Cove Way

1517 Layden Cove Way, Virginia Beach, VA 23454
Sold May 03, 2013
$585,000
$458,850 by Townebank Mortgage
Mortgage
1517 Layden Cove Way in Virginia Beach, VA was first built in 1991 and is 33 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1517 Layden Cove Way has 3,009 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 33,973 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip 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. The garage is 483 sqft. There are a total of 2 available parking spaces. 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 brick. 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, 1517 Layden Cove Way sold most recently in Mar 7, 2013 for a total of $585,000. If you work out the math, that's approximately a cost of $194.42 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 $6,152 in taxes each year. 1517 Layden Cove Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $621,400. If we break it down further, the land itself was valued at $217,200. Improvements to the property, however, were assessed at a total of $404,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 33,973
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,009
  • Building Area: 3,009
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,009
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAYDEN COVE ESTATES
  • Land Acres: 0.78
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAYDEN COVE ESTATES LOT 10

Ownership

  • Current Owner : KNOCKLEIN WERNER L
  • Previous Owner : HARRIS RICHARD W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 043002

Zoning

  • Zoning: 14

Geography

  • Assessors Map Reference: PM I043
  • Parcel: 14999004950000
  • Lot: 10
  • Municipality: LYNNHAVEN
  • Latitude: 36.8834
  • Longitude: -76.051

    Address

  • Full Address: 1517 Layden Cove Way
  • Address - House Number: 1517
  • Address - Street Name: Layden Cove
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C045
  • 4-Digit Zip Code: 1750
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,152
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1334
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 857,748
  • High Value: 972,216
  • Low Value: 743,280

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $658,850
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: May 03, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $458,850
  • 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: TOWNEBANK
  • Second Open Lien Mortgage Recording Date: Jan 09, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 418
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 28, 2057

    Market Valuation

  • Market Total Value: $621,400
  • Market Land Value: $217,200
  • Market Improvement Value: $404,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $621,400
  • Assessed Land Value: $217,200
  • Assessed Improvements Value: $404,200

    Sales

  • Current Sale Contract Date: Mar 07, 2013
  • Current Sale Recording Date: May 03, 2013
  • Current Sale Transaction ID: 1005416969
  • Current Sale Price: $585,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201305030508890

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: May 03, 2013
  • First Mortgage Loan Amount: $458,850
  • 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 1517 Layden Cove Way located in?
The 1517 Layden Cove Way is a located in the neighborhood of Northeast Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1517 Layden Cove Way?
The average sales price for units in 1517 Layden Cove Way is $0 currently.

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