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285 Sir Oliver Road

285 Sir Oliver Road, Norfolk, VA 23505
Property in Cromwell Farms
Sold Nov 07, 2016
$227,500
$204,750 by Atlantic Bay Mortgage Group Ll
Mortgage
285 Sir Oliver Road 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 1953 and is 71 years old. The home has a total of 6 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, 285 Sir Oliver Road has 1,604 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 12,131 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 B 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 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 4, 2016 for $227,500. That's $141.83 per sqft. 285 Sir Oliver Road was last assessed in 2023. The total value of the property was assessed at $325,100. Specifically, the land the property is located on was valued at $145,800. While improvements on the property were assessed at a total of $179,300. 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 $4,064. 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. 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: 1953
  • Effective Year Built: 1953
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • 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: 12,131
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,604
  • Building Area: 1,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CROMWELL FARM SD
  • Land Acres: 0.278
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 2A BLK 3 CROMWELL FARM

Ownership

  • Current Owner : CAGNEY WILLIAM J
  • Current Owner 2: CAGNEY CAROL F
  • Previous Owner : LIGHTNER ANDREW
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 002200

Zoning

  • Zoning: R6

Geography

  • Section: 856
  • Parcel: 24564700
  • Block: 3
  • Lot: 2A
  • Latitude: 36.8985
  • Longitude: -76.2733

    Address

  • Full Address: 285 Sir Oliver Rd
  • Address - House Number: 285
  • Address - Street Name: Sir Oliver
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C018
  • 4-Digit Zip Code: 4442
  • Zip Code: 23505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,064

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 76
  • Final Value: 334,519
  • High Value: 395,558
  • Low Value: 273,480

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,750
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Nov 07, 2016
  • First Open Lien Mortgage Loan Amount: $204,750
  • 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: $325,100
  • Market Land Value: $145,800
  • Market Improvement Value: $179,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,100
  • Assessed Land Value: $145,800
  • Assessed Improvements Value: $179,300

    Sales

  • Current Sale Contract Date: Nov 04, 2016
  • Current Sale Recording Date: Nov 07, 2016
  • Current Sale Transaction ID: 1876645340
  • Current Sale Price: $227,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 160024132

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Nov 07, 2016
  • First Mortgage Loan Amount: $204,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Cromwell Farms



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Frequently Asked Questions

What neighborhood is 285 Sir Oliver Road located in?
The 285 Sir Oliver Road is a located in the neighborhood of Cromwell Farms in Cromwell Farms, Norfolk.
What is the average sales price for listings in 285 Sir Oliver Road?
The average sales price for units in 285 Sir Oliver Road is $0 currently.

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