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3164 Niagara Way

3164 Niagara Way, Virginia Beach, VA 23456
Property in Virginia Beach
Sold Jun 23, 2021
$445,000
$441,849 by Ovm Financial Inc
Mortgage Due Jun 01, 2051
Sold Oct 26, 2015
$320,000
Local assessors in Virginia Beach, VA have categorized 3164 Niagara Way as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 6,000 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, 4 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 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 3164 Niagara Way has a total of 2,504 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 400 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. 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 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 gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 16, 2021 for $445,000. That's $177.72 per sqft. Prior to that sales transaction, the property was also sold in Oct 16, 2015 for $320,000. 3164 Niagara Way was last assessed in 2023. The total value of the property was assessed at $496,000. Specifically, the land the property is located on was valued at $175,000. While improvements on the property were assessed at a total of $321,000. 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 $4,910. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • 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: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,504
  • Building Area: 2,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,504
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COURTHOUSE ESTATES
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COURTHOUSE ESTATES PHASE 3 SEC H-3 LOT 102

Ownership

  • Current Owner : WALKER BRANDON
  • Current Owner 2: WALKER MEAGHAN
  • Previous Owner : STRAUSS LINDA CAROL
  • Owner Before Previous Owner: MARTIN M LISA B
  • Owner Before Previous Owner 2: MARTIN PAUL F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045434

Zoning

  • Zoning: 10

Geography

  • Parcel: 14932632010000
  • Lot: 102
  • Municipality: PRINCESS ANNE
  • Latitude: 36.7351
  • Longitude: -76.079

    Address

  • Full Address: 3164 Niagara Way
  • Address - House Number: 3164
  • Address - Street Name: Niagara
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: R013
  • 4-Digit Zip Code: 7628
  • Zip Code: 23456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,910
  • Tax Rate Code Area: D02

    Appraisal Valuation

  • Standard Deviation: 0.1341
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 550,529
  • High Value: 624,379
  • Low Value: 476,679

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $460,589
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jun 23, 2021
  • First Open Lien Mortgage Loan Amount: $441,849
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Feb 07, 2023
  • Second Open Lien Mortgage Loan Amount: $18,740
  • Second Open Lien Mortgage Term: 340
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $496,000
  • Market Land Value: $175,000
  • Market Improvement Value: $321,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $496,000
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $321,000

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 23, 2021
  • Current Sale Transaction ID: 11840864853
  • Current Sale Price: $445,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103051205
  • Previous Sale Recording Date: Oct 26, 2015
  • Previous Sale Contract Date: Oct 16, 2015
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Jun 23, 2021
  • First Mortgage Loan Amount: $441,849
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

About Virginia Beach



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Nearby Rentals

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$2,550 /mo

  • 3 Beds
  • 2.5 Baths
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2619 Bracston Road, Virginia Beach, VA, 23456 Listing by Leah Page

Frequently Asked Questions

What neighborhood is 3164 Niagara Way located in?
The 3164 Niagara Way is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 3164 Niagara Way?
The average sales price for units in 3164 Niagara Way is $0 currently.

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