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248 Ethel Avenue

248 Ethel Avenue, Norfolk, VA 23504
Sold Mar 01, 2022
$244,075
$249,688 by Mortgage Research Center Llc
Mortgage Due Mar 01, 2052
Sold Dec 09, 2021
$80,000
$132,000 by Ftf Lending Llc
Mortgage
248 Ethel Avenue 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 1918 and is 106 years old. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 248 Ethel Avenue has 1,008 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 2,853 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. 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. 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 wood 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 central heating system. 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, 248 Ethel Avenue sold most recently in Feb 22, 2022 for a total of $244,075. If you work out the math, that's approximately a cost of $242.14 per sqft. Before that, the property was also sold for $80,000 in Nov 20, 2021. 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 $2,695 in taxes each year. The initial year of tax delinquency occurred in 2021. 248 Ethel Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $215,600. If we break it down further, the land itself was valued at $69,500. Improvements to the property, however, were assessed at a total of $146,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1918
  • Effective Year Built: 1918
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,853
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERSIDE PARK
  • Land Acres: 0.065
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Watercraft (ships, boats, pwcs, etc.)
  • Legal Description 1: 34 BLK 2 RIVERSIDE PK

Ownership

  • Current Owner : WINSTANLEY YVONNE A
  • Current Owner 2: WINSTANLEY GRAHAM W
  • Previous Owner : JAVAI INVESTMENTS LIC
  • Owner Before Previous Owner: POLITI CHARLES
  • Owner Before Previous Owner 2: MOORE ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 002800

Zoning

  • Zoning: R8

Geography

  • Section: 510
  • Parcel: 40360300
  • Block: 2
  • Latitude: 36.8822
  • Longitude: -76.2766

    Address

  • Full Address: 248 Ethel Ave
  • Address - House Number: 248
  • Address - Street Name: Ethel
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C011
  • 4-Digit Zip Code: 1029
  • Zip Code: 23504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,695
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 72
  • Final Value: 243,184
  • High Value: 292,271
  • Low Value: 194,096

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $249,688
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $249,688
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $215,600
  • Market Land Value: $69,500
  • Market Improvement Value: $146,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,600
  • Assessed Land Value: $69,500
  • Assessed Improvements Value: $146,100

    Sales

  • Current Sale Contract Date: Feb 22, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11882620542
  • Current Sale Price: $244,075
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5364
  • Previous Sale Recording Date: Dec 09, 2021
  • Previous Sale Contract Date: Nov 20, 2021
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Mar 01, 2022
  • First Mortgage Loan Amount: $249,688
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FTF LENDING LLC
  • Previous Mortgage Transaction Date: Dec 09, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $132,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 248 Ethel Avenue located in?
The 248 Ethel Avenue is a located in the neighborhood of Colonial Place-Riverview in Colonial Place-Riverview, Norfolk.
What is the average sales price for listings in 248 Ethel Avenue?
The average sales price for units in 248 Ethel Avenue is $0 currently.

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