Sold Oct 13, 2021
$320,000
Seller
$314,204
by Alcova Mortgage Llc
Mortgage Due Jul 20, 2051
243 Fallawater Way has been categorized by the local assessors in Suffolk, VA as a residential type of property.
The building on the property was first built in 2004 and is 20 years old.
The home has a total of 4 bedrooms.
Residents will have access to 2 full bathrooms.
There are 2 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 243 Fallawater Way has 2,512 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 10,019 square feet.
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 376 sqft. According to our sources, there is one available parking space. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. 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, 243 Fallawater Way was last sold in Sep 28, 2021 for $320,000. According to our calculations, that's $127.39 per sqft. Current property owners are expected to pay $4,017 in taxes per year. The property on 243 Fallawater Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $368,500. To break that down further, the land itself was valued at $85,000. While improvements to the property were assessed at a total of $283,500. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
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 376 sqft. According to our sources, there is one available parking space. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. 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, 243 Fallawater Way was last sold in Sep 28, 2021 for $320,000. According to our calculations, that's $127.39 per sqft. Current property owners are expected to pay $4,017 in taxes per year. The property on 243 Fallawater Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $368,500. To break that down further, the land itself was valued at $85,000. While improvements to the property were assessed at a total of $283,500. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
243 Fallawater Way, Suffolk, VA 23434
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