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1525 Mirassou Lane

1525 Mirassou Lane, Virginia Beach, VA 23454
Sold Jul 21, 2006
$908,500
$726,800 by Bank Of America
Mortgage
Sold Dec 01, 2005
$889,000
Seller
$590,000 by Wells Fargo Bank
Mortgage
1525 Mirassou Lane in Virginia Beach, VA was first built in 2000 and is 24 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 4 full bathrooms. There are 5 partial bathrooms. 1525 Mirassou Lane has 4,093 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 12,001 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. The garage is 618 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 gas. 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, 1525 Mirassou Lane sold most recently in Jul 7, 2006 for a total of $908,500. If you work out the math, that's approximately a cost of $221.96 per sqft. Before that, the property was also sold for $889,000 in Nov 15, 2005. 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 $8,143 in taxes each year. 1525 Mirassou Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $822,500. If we break it down further, the land itself was valued at $278,300. Improvements to the property, however, were assessed at a total of $544,200. 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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • 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: 618
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,001
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,093
  • Building Area: 4,093
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,093
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE RESERVE
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE RESERVE LOT 9

Ownership

  • Current Owner : PATEL SANJAY M
  • Previous Owner : WARNE CLINTON
  • Owner Before Previous Owner: KING KEVIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

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

Zoning

  • Zoning: 13

Geography

  • Parcel: 24090143500000
  • Lot: 9
  • Municipality: LYNNHAVEN
  • Latitude: 36.8858
  • Longitude: -76.0463

    Address

  • Full Address: 1525 Mirassou Ln
  • Address - House Number: 1525
  • Address - Street Name: Mirassou
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C019
  • 4-Digit Zip Code: 1373
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,143
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1236
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 86
  • Final Value: 980,622
  • High Value: 1,101,886
  • Low Value: 859,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $726,800
  • First Open Lien Mortgage Lender: BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Jul 21, 2006
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $726,800
  • 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: $822,500
  • Market Land Value: $278,300
  • Market Improvement Value: $544,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $822,500
  • Assessed Land Value: $278,300
  • Assessed Improvements Value: $544,200

    Sales

  • Current Sale Contract Date: Jul 07, 2006
  • Current Sale Recording Date: Jul 21, 2006
  • Current Sale Transaction ID: 1164619381
  • Current Sale Price: $908,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006072101106690
  • Previous Sale Recording Date: Dec 01, 2005
  • Previous Sale Contract Date: Nov 15, 2005
  • Previous Sale Amount: $889,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Jul 21, 2006
  • First Mortgage Loan Amount: $726,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK
  • Previous Mortgage Transaction Date: Dec 01, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $590,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 1525 Mirassou Lane located in?
The 1525 Mirassou Lane 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 1525 Mirassou Lane?
The average sales price for units in 1525 Mirassou Lane is $0 currently.

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