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225 Norfolk Lane

225 Norfolk Lane, Martinsburg, WV 25405
Property in Berkeley
Sold Jun 08, 2021
$275,000
$261,250 by Intercoastal Mortgage Co
Mortgage
Sold Feb 16, 2018
$223,900
225 Norfolk Lane has been categorized by the local assessors in Martinsburg, WV as a residential type of property. The building on the property was first built in 2018 and is 6 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, 225 Norfolk Lane has 1,920 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 13,939 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 225 Norfolk Lane sold most recently in Jun 4, 2021 for a total of $275,000. If you work out the math, that's approximately a cost of $143.23 per sqft. Before that, the property was also sold for $223,900 in Feb 6, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,218 in taxes each year. 225 Norfolk Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $175,500. If we break it down further, the land itself was valued at $47,340. Improvements to the property, however, were assessed at a total of $128,160. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,920
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: YORKSHIRE GLEN SUBDIVISION
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .32 AC LOT 114 SEC 2B PHZ 1 YORKSHIRE GLEN

Ownership

  • Current Owner : PARSONS JARED
  • Current Owner 2: PARSONS EMILY
  • Previous Owner : DAVIS ROSALEI
  • Previous Owner 2: DAVIS ADRIAN
  • Owner Before Previous Owner: NVR INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Berkeley County School District
  • Census Tract: 972001

Geography

  • Account Number: 07241619
  • District: 01
  • Parcel: 02-01- 12C-0061.0000
  • Lot: 114
  • Municipality: ARDEN
  • Latitude: 39.4202
  • Longitude: -77.9074

    Address

  • Full Address: 225 Norfolk Ln
  • Address - House Number: 225
  • Address - Street Name: Norfolk
  • Address - Suffix Type: Ln
  • State: WV
  • City Name: Martinsburg
  • Carrier Code: R025
  • 4-Digit Zip Code: 1132
  • Zip Code: 25405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,218

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 81
  • Final Value: 343,108
  • High Value: 395,327
  • Low Value: 290,889

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,250
  • First Open Lien Mortgage Lender: INTERCOASTAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jun 08, 2021
  • First Open Lien Mortgage Loan Amount: $261,250
  • 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: $292,500
  • Market Land Value: $78,900
  • Market Improvement Value: $213,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,500
  • Assessed Land Value: $47,340
  • Assessed Improvements Value: $128,160

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Transaction ID: 11841196678
  • Current Sale Price: $275,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210021141
  • Previous Sale Recording Date: Feb 16, 2018
  • Previous Sale Contract Date: Feb 06, 2018
  • Previous Sale Amount: $223,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERCOASTAL MORTGAGE CO
  • First Mortgage Transaction Date: Jun 08, 2021
  • First Mortgage Loan Amount: $261,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 225 Norfolk Lane located in?
The 225 Norfolk Lane is a located in the neighborhood of Berkeley in Berkeley, Martinsburg.
What is the average sales price for listings in 225 Norfolk Lane?
The average sales price for units in 225 Norfolk Lane is $0 currently.

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