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1704 Lolly Circle

1704 Lolly Circle, Virginia Beach, VA 23453
Property in Virginia Beach
Sold Apr 26, 1999
$109,077
$87,250 by Molton Allen
Mortgage
1704 Lolly Circle has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1704 Lolly Circle has 1,531 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 9,502 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 231 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1704 Lolly Circle sold most recently in Apr 23, 1999 for a total of $109,077. If you work out the math, that's approximately a cost of $71.25 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 $3,060 in taxes each year. 1704 Lolly Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $309,100. If we break it down further, the land itself was valued at $125,000. Improvements to the property, however, were assessed at a total of $184,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,502
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,531
  • Building Area: 1,531
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,531
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE PLACID
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE PLACID SEC 2 BK A LOT 27

Ownership

  • Current Owner : EASTLAND MICHAEL W
  • Previous Owner : LENHERT STEPHEN E
  • Ownership Rights Codes: Revocable Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045431

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM I131
  • Parcel: 14958295530000
  • Block: A
  • Lot: 27
  • Municipality: ROSE HALL
  • Latitude: 36.7795
  • Longitude: -76.055

    Address

  • Full Address: 1704 Lolly Cir
  • Address - House Number: 1704
  • Address - Street Name: Lolly
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C062
  • 4-Digit Zip Code: 3712
  • Zip Code: 23453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,060
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1236
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 86
  • Final Value: 374,205
  • High Value: 420,479
  • Low Value: 327,930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,250
  • First Open Lien Mortgage Lender: MOLTON ALLEN
  • First Open Lien Mortgage Recording Date: Apr 26, 1999
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $87,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $309,100
  • Market Land Value: $125,000
  • Market Improvement Value: $184,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,100
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $184,100

    Sales

  • Current Sale Contract Date: Apr 23, 1999
  • Current Sale Recording Date: Apr 26, 1999
  • Current Sale Transaction ID: 1002322714
  • Current Sale Price: $109,077
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOLTON ALLEN
  • First Mortgage Transaction Date: Apr 26, 1999
  • First Mortgage Loan Amount: $87,250
  • First Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1704 Lolly Circle located in?
The 1704 Lolly Circle is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1704 Lolly Circle?
The average sales price for units in 1704 Lolly Circle is $0 currently.

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