313 West Freemason Street

313 West Freemason Street in Norfolk, VA was first built in 1890 and is 134 years old. This has been categorized as a commercial property type. There are a total of 2 floors. In total, the area measurement of the land is 4,988 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $4,261 in taxes each year. 313 West Freemason Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $340,900. If we break it down further, the land itself was valued at $251,100. Improvements to the property, however, were assessed at a total of $89,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!