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2922 Norfolk Drive

2922 Norfolk Drive, Austin, TX 78745
Property in Cherry Creek
Sold May 26, 2022
$790,020
$594,000 by Cmg Mortgage Inc
Mortgage Due Jun 01, 2052
Sold Aug 06, 1996
$111,300
$89,000 by Norwest Mtg
Mortgage Due Sep 01, 2011
2922 Norfolk Drive has been categorized by the local assessors in Austin, TX as a residential type of property. The building on the property was first built in 1984 and is 40 years old. 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, 2922 Norfolk Drive has 1,654 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,170 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,117 square feet.

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 456 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. 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 wood 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2922 Norfolk Drive was last sold in May 25, 2022 for $790,020. According to our calculations, that's $374.42 per sqft. Prior to that sales transaction, the property was sold for $111,300 in Aug 2, 1996. Current property owners are expected to pay $6,371 in taxes per year. The property on 2922 Norfolk Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $532,835. To break that down further, the land itself was valued at $275,000. While improvements to the property were assessed at a total of $257,835. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 456
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,117
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,110
  • Gross Building Area: 2,110
  • Building Area: 1,654
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,654
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHERRY CREEK PHS 8 SEC 1
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 BLK D CHERRY CREEK PHS 8 SEC 1

Ownership

  • Current Owner : CHERNY VIRGINIA BLAIR
  • Previous Owner : PATTERSON GLADYS E
  • Owner Before Previous Owner: STEEL MARIANNA R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 031000

Geography

  • Assessors Map Reference: 0418270609
  • Account Number: 330712
  • Parcel: 330712
  • Block: D
  • Lot: 9
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2005
  • Longitude: -97.8262

    Address

  • Full Address: 2922 Norfolk Dr
  • Address - House Number: 2922
  • Address - Street Name: Norfolk
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C048
  • 4-Digit Zip Code: 6853
  • Zip Code: 78745

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,371
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 65
  • Final Value: 557,902
  • High Value: 694,275
  • Low Value: 421,529

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $594,000
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 26, 2022
  • First Open Lien Mortgage Loan Amount: $594,000
  • 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: $532,835
  • Market Land Value: $275,000
  • Market Improvement Value: $257,835

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,835
  • Assessed Land Value: $275,000
  • Assessed Improvements Value: $257,835

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: May 26, 2022
  • Current Sale Transaction ID: 11889242046
  • Current Sale Price: $790,020
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 94523
  • Previous Sale Recording Date: Aug 06, 1996
  • Previous Sale Contract Date: Aug 02, 1996
  • Previous Sale Amount: $111,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: May 26, 2022
  • First Mortgage Loan Amount: $594,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MTG
  • Previous Mortgage Transaction Date: Aug 06, 1996
  • Previous Mortgage Loan Amount: $89,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2011

About Cherry Creek



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Frequently Asked Questions

What neighborhood is 2922 Norfolk Drive located in?
The 2922 Norfolk Drive is a located in the neighborhood of Cherry Creek in Cherry Creek, Austin.
What is the average sales price for listings in 2922 Norfolk Drive?
The average sales price for units in 2922 Norfolk Drive is $0 currently.

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