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2504 Fala Circle

2504 Fala Circle, Norfolk, VA 23518
Sold May 28, 2010
$300,000
$228,800 by Community Bank
Mortgage
2504 Fala Circle 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 1955 and is 69 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2504 Fala Circle has 1,582 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 34,251 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. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. 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 brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in May 27, 2010 for $300,000. That's $189.63 per sqft. 2504 Fala Circle was last assessed in 2023. The total value of the property was assessed at $268,600. Specifically, the land the property is located on was valued at $96,000. While improvements on the property were assessed at a total of $172,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,358. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 34,251
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,582
  • Building Area: 1,582
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,582
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.786
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 35 BLK 17 ROOSEVELT GDNS SEC 2

Ownership

  • Current Owner : WALKER BRIAN T
  • Current Owner 2: WALKER LENOA
  • Previous Owner : BANKS LOUIS G
  • Previous Owner 2: BANKS DORIS J

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 006603

Zoning

  • Zoning: R6

Geography

  • Section: 1472
  • Parcel: 01973300
  • Block: 17
  • Lot: 35
  • Latitude: 36.922
  • Longitude: -76.2093

    Address

  • Full Address: 2504 Fala Cir
  • Address - House Number: 2504
  • Address - Street Name: Fala
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C016
  • 4-Digit Zip Code: 2212
  • Zip Code: 23518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,358

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 76
  • Final Value: 305,123
  • High Value: 359,478
  • Low Value: 250,768

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,800
  • First Open Lien Mortgage Lender: COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: May 28, 2010
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $228,800
  • 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: $268,600
  • Market Land Value: $96,000
  • Market Improvement Value: $172,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,600
  • Assessed Land Value: $96,000
  • Assessed Improvements Value: $172,600

    Sales

  • Current Sale Contract Date: May 27, 2010
  • Current Sale Recording Date: May 28, 2010
  • Current Sale Transaction ID: 1020233635
  • Current Sale Price: $300,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 100010697

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK
  • First Mortgage Transaction Date: May 28, 2010
  • First Mortgage Loan Amount: $228,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Roosevelt Gardens Area



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Frequently Asked Questions

What neighborhood is 2504 Fala Circle located in?
The 2504 Fala Circle is a located in the neighborhood of Roosevelt Gardens Area in Roosevelt Gardens Area, Norfolk.
What is the average sales price for listings in 2504 Fala Circle?
The average sales price for units in 2504 Fala Circle is $0 currently.

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