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267 Mayo Road

267 Mayo Road, Virginia Beach, VA 23462
Sold Aug 31, 2006
$220,000
Buyer
Seller
$224,730 by First Horizon Home Loan
Mortgage
Local assessors in Virginia Beach, VA have categorized 267 Mayo Road as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 7,546 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 267 Mayo Road has a total of 1,218 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 406 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 267 Mayo Road sold most recently in Aug 29, 2006 for a total of $220,000. If you work out the math, that's approximately a cost of $180.62 per sqft. 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 $2,133 in taxes each year. 267 Mayo Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $215,500. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $115,500. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 406
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,546
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,218
  • Building Area: 1,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,218
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIR MEADOWS
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIR MEADOWS LOT 134

Ownership

  • Current Owner : GROGAN SHAWN
  • Previous Owner : LEE NAOMI R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 040600

Zoning

  • Zoning: 12

Geography

  • Assessors Map Reference: PM C071
  • Parcel: 14672841330000
  • Lot: 134
  • Municipality: KEMPSVILLE
  • Latitude: 36.8523
  • Longitude: -76.1774

    Address

  • Full Address: 267 Mayo Rd
  • Address - House Number: 267
  • Address - Street Name: Mayo
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C098
  • 4-Digit Zip Code: 5617
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,133
  • Tax Rate Code Area: D04

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 84
  • Final Value: 266,357
  • High Value: 302,866
  • Low Value: 229,847

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $224,730
  • First Open Lien Mortgage Lender: FIRST HORIZON HOME LOAN
  • First Open Lien Mortgage Recording Date: Aug 31, 2006
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $224,730
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $215,500
  • Market Land Value: $100,000
  • Market Improvement Value: $115,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,500
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $115,500

    Sales

  • Current Sale Contract Date: Aug 29, 2006
  • Current Sale Recording Date: Aug 31, 2006
  • Current Sale Transaction ID: 1016365868
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006083101330740

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON HOME LOAN
  • First Mortgage Transaction Date: Aug 31, 2006
  • First Mortgage Loan Amount: $224,730
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 267 Mayo Road located in?
The 267 Mayo Road is a located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
What is the average sales price for listings in 267 Mayo Road?
The average sales price for units in 267 Mayo Road is $0 currently.

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