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2205 Wallace Lane

2205 Wallace Lane, Chesapeake, VA 23323
Local assessors in Chesapeake, VA have categorized 2205 Wallace Lane as a type of property. The home was built in 1961 and is 65 years old. The property's lot size has been calculated to be 7,841 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2205 Wallace Lane has a total of 696 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of . As for flooring, was the material of choice during construction. Residents rely on for their cooling system. The home's is the primary heating source. The property was last sold in Jun 5, 2007 for $117,500. That's $168.82 per sqft. Prior to that sales transaction, the property was also sold in Aug 18, 2004 for $55,000. 2205 Wallace Lane was last assessed in 2023. The total value of the property was assessed at $143,400. Specifically, the land the property is located on was valued at $84,000. While improvements on the property were assessed at a total of $59,400. 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 $132,412. 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. 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.

Building Features

Exterior

Vinyl Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240528
05/28/2024
2 Bed
1 Bath
713 ft²
$189,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
713 ft²
-
-
Neady Harris
Waterway Realty


Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Frontage Feet: 0
  • Total Building Area: 696
  • Building Area: 696
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 696
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BISHOP STREET/BISHOP DAVIS ESTATES/SHIPY
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • Legal Description 1: NECK ROAD PIECE

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 021305

Zoning

  • Zoning: R15S: RESI

Geography

  • District: 12
  • Parcel: 0340000000470
  • Municipality: DEEP CREEK
  • Latitude: 36.7425
  • Longitude: -76.3276

    Address

  • Full Address: 2205 Wallace Ln
  • Address - House Number: 2205
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: R028
  • 4-Digit Zip Code: 3915
  • Zip Code: 23323

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $132,412

    Appraisal Valuation

  • Standard Deviation: 0.0905
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 92
  • Final Value: 167,288
  • High Value: 182,443
  • Low Value: 152,132

    Market Valuation

  • Market Total Value: $143,400
  • Market Land Value: $84,000
  • Market Improvement Value: $59,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,400
  • Assessed Land Value: $84,000
  • Assessed Improvements Value: $59,400

    Sales

  • Current Sale Contract Date: Jun 05, 2007
  • Current Sale Recording Date: Jun 14, 2007
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 22, 2004
  • Previous Sale Contract Date: Aug 18, 2004
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Deep Creek South



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Frequently Asked Questions

What neighborhood is 2205 Wallace Lane located in?
The 2205 Wallace Lane is a house located in the neighborhood of Deep Creek South in Deep Creek South, Chesapeake.
What is the average sales price for listings in 2205 Wallace Lane?
The average sales price for units in 2205 Wallace Lane is $0 currently.