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313 Summerlake Lane

313 Summerlake Lane, Newport News, VA 23602
Property in Riverview
Sold Mar 31, 2022
$406,000
$375,725 by Planet Home Lending Llc
Mortgage Due Apr 01, 2052
Sold Jul 24, 2014
$306,000
$275,400 by Ovm Financial Inc
Mortgage
313 Summerlake Lane has been categorized by the local assessors in Newport News, VA as a residential type of property. The building on the property was first built in 1990 and is 34 years old. The home has a total of 7 rooms. 4 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, 313 Summerlake Lane has 2,016 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,286 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. 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, 313 Summerlake Lane was last sold in Mar 25, 2022 for $406,000. According to our calculations, that's $201.39 per sqft. Prior to that sales transaction, the property was sold for $306,000 in Jul 14, 2014. Current property owners are expected to pay $4,474 in taxes per year. The property on 313 Summerlake Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $416,400. To break that down further, the land itself was valued at $102,300. While improvements to the property were assessed at a total of $314,100. 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.

Building Features

Exterior

Aluminum Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,286
  • Total Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,016
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERLAKE
  • Land Acres: 0.305
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 237 38.05X180X159.14X129.37

Ownership

  • Current Owner : WELCH AMANDA R
  • Current Owner 2: WELCH DEREK M
  • Previous Owner : LINK JOHN A
  • Owner Before Previous Owner: SHENK THOMAS B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newport News City Public Schools
  • Census Tract: 032002

Zoning

  • Zoning: R3

Geography

  • Section: 7
  • Parcel: 169000423
  • Lot: 237
  • Latitude: 37.0982
  • Longitude: -76.518

    Address

  • Full Address: 313 Summerlake Ln
  • Address - House Number: 313
  • Address - Street Name: Summerlake
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Newport News
  • Carrier Code: C053
  • 4-Digit Zip Code: 8354
  • Zip Code: 23602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,474

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 407,916
  • High Value: 473,902
  • Low Value: 341,930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,725
  • First Open Lien Mortgage Lender: PLANET HOME LENDING LLC
  • First Open Lien Mortgage Recording Date: Mar 31, 2022
  • First Open Lien Mortgage Loan Amount: $375,725
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $416,400
  • Market Land Value: $102,300
  • Market Improvement Value: $314,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $416,400
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $314,100

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Transaction ID: 11884791758
  • Current Sale Price: $406,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 6250
  • Previous Sale Recording Date: Jul 24, 2014
  • Previous Sale Contract Date: Jul 14, 2014
  • Previous Sale Amount: $306,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLANET HOME LENDING LLC
  • First Mortgage Transaction Date: Mar 31, 2022
  • First Mortgage Loan Amount: $375,725
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: OVM FINANCIAL INC
  • Previous Mortgage Transaction Date: Jul 24, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $275,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Central Newport News



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Unit for rent at 13 Bosch Lane, Newport News, VA, 23606

$2,400 /mo

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13 Bosch Lane, Newport News, VA, 23606 Listing by Shannon Edwards

Frequently Asked Questions

What neighborhood is 313 Summerlake Lane located in?
The 313 Summerlake Lane is a located in the neighborhood of Riverview in Central Newport News, Newport News.
What is the average sales price for listings in 313 Summerlake Lane?
The average sales price for units in 313 Summerlake Lane is $0 currently.

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