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3161 Tidal Bay Lane

3161 Tidal Bay Lane, Virginia Beach, VA 23451
Sold Apr 02, 2021
$205,000
$153,750 by C&f Mortgage Corp
Mortgage Due Apr 01, 2051
Sold Apr 02, 2021
$205,000
$153,750 by C & F Mortgage Corp
Mortgage Due Apr 01, 2051
3161 Tidal Bay Lane has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3161 Tidal Bay Lane has 1,001 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. The building has a gable style roof made of composition shingle. 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. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. 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, 3161 Tidal Bay Lane was last sold in Mar 30, 2021 for $205,000. According to our calculations, that's $204.80 per sqft. Prior to that sales transaction, the property was sold for $205,000 in Mar 30, 2021. Current property owners are expected to pay $2,006 in taxes per year. The property on 3161 Tidal Bay Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $202,600. To break that down further, the land itself was valued at $100,000. While improvements to the property were assessed at a total of $102,600. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Vinyl Siding
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: Gable
  • 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: Heat pump
  • Heated Square Feet: 1,001
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INLET COLONY
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: INLET COLONY CONDO PHASE 3 BK 8 BLDG C UNIT 49

Ownership

  • Current Owner : COPE CRAIG A
  • Current Owner 2: COPE GAIL B
  • Previous Owner : WILLIAMS CHARLES E
  • Previous Owner 2: WILLIAMS SANDRA J
  • Owner Before Previous Owner: WILLIAMS CHARLES E
  • Owner Before Previous Owner 2: WILLIAMS SANDRA J

Neighborhood

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

Zoning

  • Zoning: 8

Geography

  • Assessors Map Reference: PM G024
  • Parcel: 14899983185880
  • Block: 8
  • Municipality: LYNNHAVEN
  • Latitude: 36.9082
  • Longitude: -76.0818

    Address

  • Full Address: 3161 Tidal Bay Ln
  • Address - House Number: 3161
  • Address - Street Name: Tidal Bay
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C021
  • 4-Digit Zip Code: 1157
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,006
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1326
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 261,560
  • High Value: 296,266
  • Low Value: 226,854

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,750
  • First Open Lien Mortgage Lender: C&F MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Loan Amount: $153,750
  • 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, 2051

    Market Valuation

  • Market Total Value: $202,600
  • Market Land Value: $100,000
  • Market Improvement Value: $102,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,600
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $102,600

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Apr 02, 2021
  • Current Sale Transaction ID: 11833354602
  • Current Sale Price: $205,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20210402003027670
  • Previous Sale Recording Date: Apr 02, 2021
  • Previous Sale Contract Date: Mar 30, 2021
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: C&F MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 02, 2021
  • First Mortgage Loan Amount: $153,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: C & F MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 02, 2021
  • Previous Mortgage Loan Amount: $153,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

About Northeast Virginia Beach



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Frequently Asked Questions

What neighborhood is 3161 Tidal Bay Lane located in?
The 3161 Tidal Bay Lane is a townhouse located in the neighborhood of Northeast Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 3161 Tidal Bay Lane?
The average sales price for units in 3161 Tidal Bay Lane is $0 currently.

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