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225 Sykes Avenue

225 Sykes Avenue, Virginia Beach, VA 23454
Sold Oct 04, 2022
$325,000
$304,000 by Atlantic Bay Mortgage Group Ll
Mortgage Due Nov 01, 2052
Sold Feb 17, 2016
$189,000
$193,063 by Jg Wentworth Home Lending Inc
Mortgage
225 Sykes Avenue has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 7 rooms. 3 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 Sykes Avenue has 1,535 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 attached garage for those who require parking. The garage measured 209 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The building has a gable style roof 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. As for the floors, you'll see that the home has flooring throughout. 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. 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 Sykes Avenue sold most recently in Sep 30, 2022 for a total of $325,000. If you work out the math, that's approximately a cost of $211.73 per sqft. Before that, the property was also sold for $189,000 in Feb 5, 2016. 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 $2,979 in taxes each year. 225 Sykes Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $300,900. If we break it down further, the land itself was valued at $112,500. Improvements to the property, however, were assessed at a total of $188,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 209
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,535
  • Building Area: 1,535
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,535
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 225 AND 227 SYKES AVENUE
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 225 AND 227 SYKES AVENUE A CONDO UNIT 225A

Ownership

  • Current Owner : FOSTER FAITH NORFLEET
  • Previous Owner : WILSON JOHN S
  • Owner Before Previous Owner: GOMES BRYAN N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044806

Zoning

  • Zoning: 18

Geography

  • Parcel: 24171563280225
  • Municipality: BEACH
  • Latitude: 36.8413
  • Longitude: -76.0097

    Address

  • Full Address: 225 Sykes Ave
  • Address - House Number: 225
  • Address - Street Name: Sykes
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C027
  • 4-Digit Zip Code: 4831
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,979
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.1291
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 85
  • Final Value: 348,285
  • High Value: 393,276
  • Low Value: 303,293

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Oct 04, 2022
  • First Open Lien Mortgage Loan Amount: $304,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $300,900
  • Market Land Value: $112,500
  • Market Improvement Value: $188,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,900
  • Assessed Land Value: $112,500
  • Assessed Improvements Value: $188,400

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 04, 2022
  • Current Sale Transaction ID: 11896847597
  • Current Sale Price: $325,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 52165
  • Previous Sale Recording Date: Feb 17, 2016
  • Previous Sale Contract Date: Feb 05, 2016
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Oct 04, 2022
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: JG WENTWORTH HOME LENDING INC
  • Previous Mortgage Transaction Date: Feb 17, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $193,063
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Northeast Virginia Beach



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Frequently Asked Questions

What neighborhood is 225 Sykes Avenue located in?
The 225 Sykes Avenue is a located in the neighborhood of Downtown Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 225 Sykes Avenue?
The average sales price for units in 225 Sykes Avenue is $0 currently.

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