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304 Fairfax Terrace

304 Fairfax Terrace, Chesapeake, VA 23320
Property in Greenbrier West
Sold Sep 02, 2022
$239,500
$245,008 by Movement Mortgage Llc
Mortgage Due Sep 01, 2052
Sold Oct 02, 2014
$169,000
$163,359 by Monarch Bank
Mortgage
304 Fairfax Terrace has been categorized by the local assessors in Chesapeake, VA as a residential type of property. The building on the property was first built in 1989 and is 35 years old. However, we must point out that the home was most recently renovated and altered in 2017. 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 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 304 Fairfax Terrace has 1,608 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 360 ft and across the front of the lot is 190 ft. The area measurement of the land has been determined as 7,623 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as unsound. 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. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Sep 1, 2022 for $239,500. That's $148.94 per sqft. Prior to that sales transaction, the property was also sold in Sep 26, 2014 for $169,000. 304 Fairfax Terrace was last assessed in 2023. The total value of the property was assessed at $243,800. Specifically, the land the property is located on was valued at $80,000. While improvements on the property were assessed at a total of $163,800. 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 $2,138. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2017
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Unsound
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,623
  • Lot Size Depth Feet: 360
  • Lot Size Frontage Feet: 190
  • Total Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,608
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KNELL'S RIDGE
  • Land Acres: 0.175
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 138 KNELLS RIDGE PH ONE PAR C TOWNHOUSES

Ownership

  • Current Owner : EAST DANIEL
  • Previous Owner : RUSSELL SHANNON M
  • Owner Before Previous Owner: STEPHENSON AUDREY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 020912

Zoning

  • Zoning: RTH1: RESI

Geography

  • Assessors Map Reference: MB 84 PG 62
  • District: 42
  • Parcel: 0377001001380
  • Municipality: WASHINGTON
  • Latitude: 36.7514
  • Longitude: -76.2418

    Address

  • Full Address: 304 Fairfax Ter
  • Address - House Number: 304
  • Address - Street Name: Fairfax
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C055
  • 4-Digit Zip Code: 4863
  • Zip Code: 23320

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,138

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 277,211
  • High Value: 315,819
  • Low Value: 238,604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,008
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 02, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $245,008
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $243,800
  • Market Land Value: $80,000
  • Market Improvement Value: $163,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,800
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $163,800

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Sep 02, 2022
  • Current Sale Transaction ID: 11895559429
  • Current Sale Price: $239,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 27963
  • Previous Sale Recording Date: Oct 02, 2014
  • Previous Sale Contract Date: Sep 26, 2014
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 02, 2022
  • First Mortgage Loan Amount: $245,008
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MONARCH BANK
  • Previous Mortgage Transaction Date: Oct 02, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $163,359
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Greenbrier West



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,800 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by April Parker

Frequently Asked Questions

What neighborhood is 304 Fairfax Terrace located in?
The 304 Fairfax Terrace is a located in the neighborhood of Greenbrier West in Greenbrier West, Chesapeake.
What is the average sales price for listings in 304 Fairfax Terrace?
The average sales price for units in 304 Fairfax Terrace is $0 currently.

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