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313 Oyster Lane

313 Oyster Lane, Virginia Beach, VA 23456
Property in Virginia Beach
Sold Mar 01, 2021
$645,000
$588,120 by Ovm Financial Inc
Mortgage Due Mar 01, 2051
Sold May 28, 2015
$449,400
Buyer
Seller
Local assessors in Virginia Beach, VA have categorized 313 Oyster Lane as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 14,558 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 313 Oyster Lane has a total of 2,745 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 550 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 gable 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 plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 313 Oyster Lane sold most recently in Feb 16, 2021 for a total of $645,000. If you work out the math, that's approximately a cost of $234.97 per sqft. Before that, the property was also sold for $449,400 in Jan 9, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,091 in taxes each year. 313 Oyster Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $809,100. If we break it down further, the land itself was valued at $425,000. Improvements to the property, however, were assessed at a total of $384,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,558
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,745
  • Building Area: 2,745
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,745
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH SANBRIDGE
  • Land Acres: 0.334
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SANDBRIDGE BEACH LOT 5 BLK 10

Ownership

  • Current Owner : LANDUYT GARY NICHOLAS
  • Current Owner 2: LANDUYT AMANDA K
  • Previous Owner : RAO DAVID
  • Owner Before Previous Owner: US BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045412

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM N152
  • Parcel: 24340320930000
  • Block: 10
  • Lot: 5
  • Municipality: PRINCESS ANNE SANDBRIDGE DIST
  • Latitude: 36.7511
  • Longitude: -75.9487

    Address

  • Full Address: 313 Oyster Ln
  • Address - House Number: 313
  • Address - Street Name: Oyster
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 4609
  • Zip Code: 23456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,091
  • Tax Rate Code Area: D021

    Appraisal Valuation

  • Standard Deviation: 0.1299
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 85
  • Final Value: 957,559
  • High Value: 1,081,995
  • Low Value: 833,123

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $788,120
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $588,120
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: DISCOVER BANK
  • Second Open Lien Mortgage Recording Date: Apr 29, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Lender: DISCOVER BANK
  • Third Open Lien Mortgage Recording Date: Apr 29, 2022
  • Third Open Lien Mortgage Loan Amount: $100,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $809,100
  • Market Land Value: $425,000
  • Market Improvement Value: $384,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $809,100
  • Assessed Land Value: $425,000
  • Assessed Improvements Value: $384,100

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11853749094
  • Current Sale Price: $645,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103016977
  • Previous Sale Recording Date: May 28, 2015
  • Previous Sale Contract Date: Jan 09, 2015
  • Previous Sale Amount: $449,400
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $588,120
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 313 Oyster Lane located in?
The 313 Oyster Lane is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 313 Oyster Lane?
The average sales price for units in 313 Oyster Lane is $0 currently.

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