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221 Suburban Parkway

221 Suburban Parkway, Norfolk, VA 23505
Property in Suburban Acres
Sold Apr 16, 2015
$80,000
Sold Dec 03, 2014
$103,331
221 Suburban Parkway has been categorized by the local assessors in Norfolk, VA as a residential type of property. The building on the property was first built in 1942 and is 82 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 221 Suburban Parkway has 1,512 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 7,767 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 detached garage for those who require parking. The garage measured 308 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. 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 Apr 14, 2015 for $80,000. That's $52.91 per sqft. Prior to that sales transaction, the property was also sold in Nov 3, 2014 for $103,331. 221 Suburban Parkway was last assessed in 2023. The total value of the property was assessed at $193,400. Specifically, the land the property is located on was valued at $61,000. While improvements on the property were assessed at a total of $132,400. 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 $2,418. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1942
  • Effective Year Built: 1942
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,767
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,512
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational vehicles / travel trailers
  • Legal Description 1: 53

Ownership

  • Current Owner : EDWARDS DANIEL
  • Current Owner 2: EDWARDS MICHELLE FRIDRICH
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: TRUSTEE SERVICES OF VIRGINIA LLC SUBTITU

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 001400

Zoning

  • Zoning: R7

Geography

  • Section: 816
  • Parcel: 25723000
  • Latitude: 36.9105
  • Longitude: -76.2692

    Address

  • Full Address: 221 Suburban Pkwy
  • Address - House Number: 221
  • Address - Street Name: Suburban
  • Address - Suffix Type: Pkwy
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C022
  • 4-Digit Zip Code: 3568
  • Zip Code: 23505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,418

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 73
  • Final Value: 226,437
  • High Value: 270,825
  • Low Value: 182,050

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: PRIVATE
  • First Open Lien Mortgage Recording Date: Apr 16, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $60,000
  • 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: $193,400
  • Market Land Value: $61,000
  • Market Improvement Value: $132,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,400
  • Assessed Land Value: $61,000
  • Assessed Improvements Value: $132,400

    Sales

  • Current Sale Contract Date: Apr 14, 2015
  • Current Sale Recording Date: Apr 16, 2015
  • Current Sale Transaction ID: 1625380328
  • Current Sale Price: $80,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 150007740
  • Previous Sale Recording Date: Dec 03, 2014
  • Previous Sale Contract Date: Nov 03, 2014
  • Previous Sale Amount: $103,331
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PRIVATE
  • First Mortgage Transaction Date: Apr 16, 2015
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Suburban Acres



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Frequently Asked Questions

What neighborhood is 221 Suburban Parkway located in?
The 221 Suburban Parkway is a located in the neighborhood of Suburban Acres in Suburban Acres, Norfolk.
What is the average sales price for listings in 221 Suburban Parkway?
The average sales price for units in 221 Suburban Parkway is $0 currently.

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