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311 Ashlawn Drive

311 Ashlawn Drive, Norfolk, VA 23505
Property in Oakdale Farms
Sold Nov 09, 2022
$1,358,000
Sold Apr 28, 2016
$240,000
$204,000 by Townebank
Mortgage
Local assessors in Norfolk, VA have categorized 311 Ashlawn Drive as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 7,392 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Nov 2, 2022 for $1,358,000. That's $298.20 per sqft. Prior to that sales transaction, the property was also sold in Apr 21, 2016 for $240,000. 311 Ashlawn Drive was last assessed in 2023. The total value of the property was assessed at $351,500. Specifically, the land the property is located on was valued at $59,100. While improvements on the property were assessed at a total of $292,400. 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 $4,394. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,392
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,554
  • Gross Building Area: 4,554
  • Building Area: 4,554
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTTICELLO VILLAGE
  • Land Acres: 0.17
  • Standard Land Use Code: Apartment house (5+ units)
  • Legal Description 1: 70 MONTICELLO VILLAGE SEC 2

Ownership

  • Current Owner : MDMGL NORFOLK LLC
  • Previous Owner : TAMB PROPERTIES LLC
  • Owner Before Previous Owner: WONG DAVID W
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 005500

Zoning

  • Zoning: R11

Geography

  • Section: 1173
  • Parcel: 25929400
  • Latitude: 36.9188
  • Longitude: -76.2643

    Address

  • Full Address: 311 Ashlawn Dr
  • Address - House Number: 311
  • Address - Street Name: Ashlawn
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C010
  • 4-Digit Zip Code: 1545
  • Zip Code: 23505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,394

    Appraisal Valuation

  • Standard Deviation: 0.1426
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 71
  • Final Value: 275,809
  • High Value: 315,147
  • Low Value: 236,470

    Market Valuation

  • Market Total Value: $351,500
  • Market Land Value: $59,100
  • Market Improvement Value: $292,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,500
  • Assessed Land Value: $59,100
  • Assessed Improvements Value: $292,400

    Sales

  • Current Sale Contract Date: Nov 02, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Transaction ID: 11898776941
  • Current Sale Price: $1,358,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 26314
  • Previous Sale Recording Date: Apr 28, 2016
  • Previous Sale Contract Date: Apr 21, 2016
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TOWNEBANK
  • Previous Mortgage Transaction Date: Apr 28, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $204,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Oakdale Farms



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Frequently Asked Questions

What neighborhood is 311 Ashlawn Drive located in?
The 311 Ashlawn Drive is a located in the neighborhood of Oakdale Farms in Oakdale Farms, Norfolk.
What is the average sales price for listings in 311 Ashlawn Drive?
The average sales price for units in 311 Ashlawn Drive is $0 currently.

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