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1897 Gershwin Drive

1897 Gershwin Drive, Virginia Beach, VA 23454
Property in Virginia Beach
Sold May 04, 2011
$185,000
$187,800 by Mclean Mortgage Corporation
Mortgage Due Mar 01, 2052
Sold Jul 01, 2002
$111,000
$118,320 by Enterprise
Mortgage
1897 Gershwin Drive in Virginia Beach, VA was first built in 1988 and is 36 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1897 Gershwin Drive has 1,272 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 5,601 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. 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1897 Gershwin Drive was last sold in Apr 19, 2011 for $185,000. According to our calculations, that's $145.44 per sqft. Prior to that sales transaction, the property was sold for $111,000 in Jun 27, 2002. Current property owners are expected to pay $2,904 in taxes per year. The property on 1897 Gershwin Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $293,300. To break that down further, the land itself was valued at $130,000. While improvements to the property were assessed at a total of $163,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,601
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,272
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OCEAN LAKES
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OCEAN LAKES PHASE 1 SEC 6 BK M LOT 40

Ownership

  • Current Owner : TAYLOR JACQUELINE L
  • Previous Owner : GLOVER JOHN T
  • Owner Before Previous Owner: RUIZCALDERON JOHN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045426

Zoning

  • Zoning: 18

Geography

  • Assessors Map Reference: PM L133
  • Parcel: 24156054860000
  • Block: M
  • Lot: 40
  • Municipality: PRINCESS ANNE
  • Latitude: 36.7725
  • Longitude: -75.9949

    Address

  • Full Address: 1897 Gershwin Dr
  • Address - House Number: 1897
  • Address - Street Name: Gershwin
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C030
  • 4-Digit Zip Code: 6769
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,904
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1443
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 82
  • Final Value: 359,794
  • High Value: 411,734
  • Low Value: 307,854

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,800
  • First Open Lien Mortgage Lender: MCLEAN MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 24, 2022
  • First Open Lien Mortgage Loan Amount: $187,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $293,300
  • Market Land Value: $130,000
  • Market Improvement Value: $163,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,300
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $163,300

    Sales

  • Current Sale Contract Date: Apr 19, 2011
  • Current Sale Recording Date: May 04, 2011
  • Current Sale Transaction ID: 1002412307
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201105040451280
  • Previous Sale Recording Date: Jul 01, 2002
  • Previous Sale Contract Date: Jun 27, 2002
  • Previous Sale Amount: $111,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: May 04, 2011
  • First Mortgage Loan Amount: $1,801,310
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ENTERPRISE
  • Previous Mortgage Transaction Date: Jul 01, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $118,320
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Virginia Beach



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Frequently Asked Questions

What neighborhood is 1897 Gershwin Drive located in?
The 1897 Gershwin Drive is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1897 Gershwin Drive?
The average sales price for units in 1897 Gershwin Drive is $0 currently.

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