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2707 East Virginia Beach Boulevard

2707 East Virginia Beach Boulevard, Norfolk, VA 23504
Property in Broad Creek
Sold Jun 16, 2021
$305,000
$296,670 by Southern Trust Mortgage Llc
Mortgage
Sold May 19, 2015
$217,900
2707 East Virginia Beach Boulevard 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 2015 and is 9 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2707 East Virginia Beach Boulevard has 1,909 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 8,146 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 attached garage for those who require parking. The garage measured 397 sqft. According to our sources, there is one available parking space. 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 composition shingle. 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 heat pump. 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, 2707 East Virginia Beach Boulevard sold most recently in May 19, 2021 for a total of $305,000. If you work out the math, that's approximately a cost of $159.77 per sqft. Before that, the property was also sold for $217,900 in May 15, 2015. 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 $4,490 in taxes each year. 2707 East Virginia Beach Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $359,200. If we break it down further, the land itself was valued at $107,600. Improvements to the property, however, were assessed at a total of $251,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 397
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,146
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,909
  • Building Area: 1,909
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,909
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Watercraft (ships, boats, pwcs, etc.)
  • Legal Description 1: PTS 3 & 4 BLK 2

Ownership

  • Current Owner : CERVANTES PAOLA BLYTHE BASCOS
  • Current Owner 2: BOGNOT KARL IVAN
  • Previous Owner : REAP SHAWN
  • Owner Before Previous Owner: G & D BUILDERS INC A VIRGINIA CORPORATIO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 004500

Geography

  • Section: 274
  • Parcel: 61600530
  • Block: 2
  • Latitude: 36.8519
  • Longitude: -76.2571

    Address

  • Full Address: 2707 E Virginia Beach Blvd
  • Address - House Number: 2707
  • Street Direction: E
  • Address - Street Name: Virginia Beach
  • Address - Suffix Type: Blvd
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C020
  • 4-Digit Zip Code: 3737
  • Zip Code: 23504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,490

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 79
  • Final Value: 351,483
  • High Value: 408,815
  • Low Value: 294,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,670
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $296,670
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $359,200
  • Market Land Value: $107,600
  • Market Improvement Value: $251,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,200
  • Assessed Land Value: $107,600
  • Assessed Improvements Value: $251,600

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11841200379
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210018421
  • Previous Sale Recording Date: May 19, 2015
  • Previous Sale Contract Date: May 15, 2015
  • Previous Sale Amount: $217,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $296,670
  • 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 2707 East Virginia Beach Boulevard located in?
The 2707 East Virginia Beach Boulevard is a located in the neighborhood of Broad Creek in Broad Creek, Norfolk.
What is the average sales price for listings in 2707 East Virginia Beach Boulevard?
The average sales price for units in 2707 East Virginia Beach Boulevard is $0 currently.

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