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1624 Dearborn Drive

1624 Dearborn Drive, Virginia Beach, VA 23451
Sold Dec 21, 2018
$150,000
$120,000 by Atlantic Bay Mortgage Group Ll
Mortgage
Sold Oct 30, 2001
$65,000
1624 Dearborn Drive in Virginia Beach, VA was first built in 1955 and is 69 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1624 Dearborn Drive has 1,307 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 8,568 square feet.

Learn more about the property and building on this page. 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 286 sqft. 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 alum/vinyl 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 oil. 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, 1624 Dearborn Drive sold most recently in Dec 20, 2018 for a total of $150,000. If you work out the math, that's approximately a cost of $114.77 per sqft. Before that, the property was also sold for $65,000 in Oct 24, 2001. 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 $2,748 in taxes each year. 1624 Dearborn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $277,600. If we break it down further, the land itself was valued at $145,000. Improvements to the property, however, were assessed at a total of $132,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 286
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,568
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,307
  • Building Area: 1,307
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,307
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAUREL MANOR
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAUREL MANOR LOT 21

Ownership

  • Current Owner : LEOPOLD RYAN MORRIS
  • Previous Owner : LEOPOLD BARBARA LYNN
  • Owner Before Previous Owner: RANDOLPH DOUGLAS B FITZ
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044600

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM J064
  • Parcel: 24088041820000
  • Lot: 21
  • Municipality: LYNNHAVEN
  • Latitude: 36.8546
  • Longitude: -76.02

    Address

  • Full Address: 1624 Dearborn Dr
  • Address - House Number: 1624
  • Address - Street Name: Dearborn
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C035
  • 4-Digit Zip Code: 5946
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,748
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 348,289
  • High Value: 392,979
  • Low Value: 303,599

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Dec 21, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $120,000
  • 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: $277,600
  • Market Land Value: $145,000
  • Market Improvement Value: $132,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,600
  • Assessed Land Value: $145,000
  • Assessed Improvements Value: $132,600

    Sales

  • Current Sale Contract Date: Dec 20, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Transaction ID: 11548676716
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20181221001048140
  • Previous Sale Recording Date: Oct 30, 2001
  • Previous Sale Contract Date: Oct 24, 2001
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Dec 21, 2018
  • First Mortgage Loan Amount: $120,000
  • 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 1624 Dearborn Drive located in?
The 1624 Dearborn Drive 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 1624 Dearborn Drive?
The average sales price for units in 1624 Dearborn Drive is $0 currently.

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