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265 Town Pointe Way

265 Town Pointe Way, Newport News, VA 23601
House in Sedgefield
Sold May 23, 2022
$205,000
$194,750 by Prosperity Home Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Dec 15, 2004
$145,000
$150,800 by Virginia Housing Dev Auth
Mortgage
265 Town Pointe Way has been categorized by the local assessors in Newport News, VA as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 5 rooms. 2 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, 265 Town Pointe Way has 1,207 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 5,489 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. 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 wood control joints. The roof of the building is made of shingle (not wood). 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. 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. 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, 265 Town Pointe Way sold most recently in May 20, 2022 for a total of $205,000. If you work out the math, that's approximately a cost of $169.84 per sqft. Before that, the property was also sold for $145,000 in Dec 3, 2004. 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 $2,354 in taxes each year. 265 Town Pointe Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $203,800. If we break it down further, the land itself was valued at $57,200. Improvements to the property, however, were assessed at a total of $146,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Aluminum Siding
Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,489
  • Total Building Area: 1,207
  • Building Area: 1,207
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,207
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILTON HEIGHTS
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 87 29.40X115.34X78X100

Ownership

  • Current Owner : SMITH JOSEPH M
  • Previous Owner : SCHUBERT VELASQUEZ
  • Owner Before Previous Owner: JACKSON DOROTHY M ALSTON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newport News City Public Schools
  • Census Tract: 031400

Zoning

  • Zoning: R5

Geography

  • Section: PH02
  • Subdivision Phase Number: 2
  • Parcel: 263000731
  • Lot: 87
  • Latitude: 37.0385
  • Longitude: -76.4584

    Address

  • Full Address: 265 Town Pointe Way
  • Address - House Number: 265
  • Address - Street Name: Town Pointe
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Newport News
  • Carrier Code: C016
  • 4-Digit Zip Code: 3832
  • Zip Code: 23601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,354

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 76
  • Final Value: 227,227
  • High Value: 268,417
  • Low Value: 186,038

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,750
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 23, 2022
  • First Open Lien Mortgage Loan Amount: $194,750
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $203,800
  • Market Land Value: $57,200
  • Market Improvement Value: $146,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,800
  • Assessed Land Value: $57,200
  • Assessed Improvements Value: $146,600

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 23, 2022
  • Current Sale Transaction ID: 11889311023
  • Current Sale Price: $205,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 9662
  • Previous Sale Recording Date: Dec 15, 2004
  • Previous Sale Contract Date: Dec 03, 2004
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: May 23, 2022
  • First Mortgage Loan Amount: $194,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: VIRGINIA HOUSING DEV AUTH
  • Previous Mortgage Transaction Date: Dec 15, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $150,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 265 Town Pointe Way located in?
The 265 Town Pointe Way is a house located in the neighborhood of Sedgefield in South Newport News, Newport News.
What is the average sales price for listings in 265 Town Pointe Way?
The average sales price for units in 265 Town Pointe Way is $0 currently.

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