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203 Lyon Drive

203 Lyon Drive, Newport News, VA 23601
Property in Watkins
Sold Apr 27, 2011
$230,500
$172,875 by Prosperity Mortgage Compa
Mortgage
Sold Jul 15, 2010
$299,000
203 Lyon Drive has been categorized by the local assessors in Newport News, VA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 203 Lyon Drive has 2,700 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 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

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 garage for those who require parking. The garage measured 469 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. 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 wood control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Mar 16, 2011 for $230,500. That's $85.37 per sqft. Prior to that sales transaction, the property was also sold in Apr 30, 2010 for $299,000. 203 Lyon Drive was last assessed in 2023. The total value of the property was assessed at $408,000. Specifically, the land the property is located on was valued at $85,000. While improvements on the property were assessed at a total of $323,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,607. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 469
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,700
  • Building Area: 2,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,700
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SYCAMORE GROVE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5 67.13 X 110.43 X 67.07 X 110

Ownership

  • Current Owner : YI YUHONG
  • Previous Owner : DEUTSCHE BANK NATL TRUST CO
  • Owner Before Previous Owner: NECTAR PROJECTS INC SUB TR
  • Owner Before Previous Owner 2: TESTON JAY B

Neighborhood

  • School District Name: Newport News City Public Schools
  • Census Tract: 031603

Zoning

  • Zoning: R4

Geography

  • Parcel: 224000345
  • Lot: 5
  • Latitude: 37.0666
  • Longitude: -76.4591

    Address

  • Full Address: 203 Lyon Dr
  • Address - House Number: 203
  • Address - Street Name: Lyon
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Newport News
  • Carrier Code: C024
  • 4-Digit Zip Code: 2269
  • Zip Code: 23601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,607

    Appraisal Valuation

  • Standard Deviation: 0.1634
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 409,196
  • High Value: 476,096
  • Low Value: 342,296

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,875
  • First Open Lien Mortgage Lender: PROSPERITY MORTGAGE COMPA
  • First Open Lien Mortgage Recording Date: Apr 27, 2011
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $172,875
  • 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: $408,000
  • Market Land Value: $85,000
  • Market Improvement Value: $323,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,000
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $323,000

    Sales

  • Current Sale Contract Date: Mar 16, 2011
  • Current Sale Recording Date: Apr 27, 2011
  • Current Sale Transaction ID: 11445708427
  • Current Sale Price: $230,500
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jul 15, 2010
  • Previous Sale Contract Date: Apr 30, 2010
  • Previous Sale Amount: $299,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY MORTGAGE COMPA
  • First Mortgage Transaction Date: Apr 27, 2011
  • First Mortgage Loan Amount: $172,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Newport News



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Nearby Rentals

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$1,670 /mo

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Frequently Asked Questions

What neighborhood is 203 Lyon Drive located in?
The 203 Lyon Drive is a located in the neighborhood of Watkins in South Newport News, Newport News.
What is the average sales price for listings in 203 Lyon Drive?
The average sales price for units in 203 Lyon Drive is $0 currently.

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