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3117 Tidal Bay Lane

3117 Tidal Bay Lane, Virginia Beach, VA 23451
Sold Nov 05, 2021
$205,000
$209,715 by Caliber Home Loans Inc
Mortgage Due Dec 01, 2051
Sold Feb 24, 2016
$150,000
$95,000 by Peoples National Bank
Mortgage
Local assessors in Virginia Beach, VA have categorized 3117 Tidal Bay Lane as a residential type of property. The home was built in 1985 and is 39 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3117 Tidal Bay Lane has a total of 1,001 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 1, 2021 for $205,000. That's $204.80 per sqft. Prior to that sales transaction, the property was also sold in Feb 12, 2016 for $150,000. 3117 Tidal Bay Lane was last assessed in 2023. The total value of the property was assessed at $200,000. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $100,000. 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 $1,980. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Vinyl Siding

Parking

Assigned Parking
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,001
  • Building Area: 1,001
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,001
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: INLET COLONY
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: INLET COLONY CONDO BK 8 UNIT 9

Ownership

  • Current Owner : RAMIREZ NICHOLAS M
  • Previous Owner : PERRONE JOHN E
  • Owner Before Previous Owner: SCHAPER STEVEN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 043006

Zoning

  • Zoning: 8

Geography

  • Assessors Map Reference: PM G024
  • Parcel: 14899994175270
  • Block: 8
  • Municipality: LYNNHAVEN
  • Latitude: 36.9089
  • Longitude: -76.0816

    Address

  • Full Address: 3117 Tidal Bay Ln
  • Address - House Number: 3117
  • Address - Street Name: Tidal Bay
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C021
  • 4-Digit Zip Code: 1147
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,980
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1454
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 82
  • Final Value: 261,870
  • High Value: 299,959
  • Low Value: 223,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,715
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Loan Amount: $209,715
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $100,000
  • Market Improvement Value: $100,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,000
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $100,000

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11865696996
  • Current Sale Price: $205,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103087221
  • Previous Sale Recording Date: Feb 24, 2016
  • Previous Sale Contract Date: Feb 12, 2016
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $209,715
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES NATIONAL BANK
  • Previous Mortgage Transaction Date: Feb 24, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $95,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Northeast Virginia Beach



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Frequently Asked Questions

What neighborhood is 3117 Tidal Bay Lane located in?
The 3117 Tidal Bay Lane is a located in the neighborhood of Northeast Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 3117 Tidal Bay Lane?
The average sales price for units in 3117 Tidal Bay Lane is $205,000 , or $205/sqft. currently.

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