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223 17th Street

223 17th Street, Virginia Beach, VA 23451
1 Units For Sale
Unit for sale at 223 17th Street, Virginia Beach, VA 23451

$1,000,000

  • Commercial
  • 6,000 ft²
223 17th Street, Virginia Beach, VA 23451 Listing by Timothy Churchwell

Local assessors in Virginia Beach, VA have categorized 223 17th Street as a commercial type of property. The home was built in 1936 and is 88 years old. The property's lot size has been calculated to be 3,750 square feet. This is a 2 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 223 17th Street has a total of 5,742 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. 223 17th Street is a 1 code building. This code stands for "buildings that have fireproofed structural steel frames carrying all wall, floor and roof loads. The walls, floors and roof structures are built of non-combustible materials.". The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 other control joints. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 223 17th Street was last sold in Jul 14, 2022 for $1,000,000. According to our calculations, that's $174.16 per sqft. Current property owners are expected to pay $6,928 in taxes per year. The property on 223 17th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $699,800. To break that down further, the land itself was valued at $331,500. While improvements to the property were assessed at a total of $368,300. 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. 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!

Building Features

Exterior

Masonry Exterior
Stone Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Bedroom Count: 0
  • Building Condition: Fair
  • Construction Type: Other
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,742
  • Gross Building Area: 5,742
  • Building Area: 5,742
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,742
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Fireproof structural steel frames/Non-combustible materials
  • Property Class: Commercial
  • Subdivision: RESORT AREA
  • Land Acres: 0.086
  • Standard Land Use Code: Restaurant
  • Legal Description 1: 223 17TH STREET 25 X 140 BLK 22 M 2 0.0801 AC

Ownership

  • Current Owner : 1ST CLASS ASSETS LLC
  • Previous Owner : SAFRA PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044600

Zoning

  • Zoning: 37

Geography

  • Parcel: 24271760700000
  • Block: 22
  • Municipality: BEACH
  • Latitude: 36.8449
  • Longitude: -75.9751

    Address

  • Full Address: 223 17th St
  • Address - House Number: 223
  • Address - Street Name: 17th
  • Address - Suffix Type: St
  • State: VA
  • City Name: Virginia Beach
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,928
  • Tax Rate Code Area: D05

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: SOUTHERN BANK AND TRUST COMPAN
  • First Open Lien Mortgage Recording Date: Jul 27, 2022
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • 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: $699,800
  • Market Land Value: $331,500
  • Market Improvement Value: $368,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $699,800
  • Assessed Land Value: $331,500
  • Assessed Improvements Value: $368,300

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Transaction ID: 11893312477
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 41449

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN BANK AND TRUST COMPAN
  • First Mortgage Transaction Date: Jul 27, 2022
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Northeast Virginia Beach



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Frequently Asked Questions

What neighborhood is 223 17th Street located in?
The 223 17th Street is a located in the neighborhood of Downtown Virginia Beach in Northeast Virginia Beach, Virginia Beach.
How many listings are currently for sale in 223 17th Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 223 17th Street?
The average sales price for units in 223 17th Street is $1,000,000 , or $167/sqft. currently.

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