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318 Tareyton Lane

318 Tareyton Lane, Portsmouth, VA 23701
Property in Portsmouth
Sold Jul 26, 2022
$290,000
$290,000 by Prosperity Home Mortgage Llc
Mortgage Due Aug 01, 2052
Sold Mar 30, 2017
$195,000
$199,192 by Newtowne Mortgage
Mortgage
318 Tareyton Lane has been categorized by the local assessors in Portsmouth, VA as a residential type of property. The building on the property was first built in 1953 and is 71 years old. 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, 318 Tareyton Lane has 1,506 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 8,712 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 detached garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. 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 brick control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 14, 2022 for $290,000. That's $192.56 per sqft. Prior to that sales transaction, the property was also sold in Mar 29, 2017 for $195,000. 318 Tareyton Lane was last assessed in 2023. The total value of the property was assessed at $274,240. Specifically, the land the property is located on was valued at $70,200. While improvements on the property were assessed at a total of $204,040. 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 $3,428. 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

Brick Exterior
Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,506
  • Gross Building Area: 1,506
  • Building Area: 1,506
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,506
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK MANOR
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 59 NO PARK MANOR

Ownership

  • Current Owner : NEAL DAVID A
  • Current Owner 2: NEAL FAITH M
  • Previous Owner : WILLIAMS II ROBERT A
  • Previous Owner 2: WILLIAMS COURTNEY L
  • Owner Before Previous Owner: HODGES MICHAEL E
  • Owner Before Previous Owner 2: HODGES WALTER WILSON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Portsmouth City Public Schools
  • Census Tract: 212900

Zoning

  • Zoning: UR

Geography

  • Parcel: 0648-0490
  • Latitude: 36.8327
  • Longitude: -76.3791

    Address

  • Full Address: 318 Tareyton Ln
  • Address - House Number: 318
  • Address - Street Name: Tareyton
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C003
  • 4-Digit Zip Code: 1245
  • Zip Code: 23701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,428

    Appraisal Valuation

  • Standard Deviation: 0.1175
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 87
  • Final Value: 281,790
  • High Value: 314,923
  • Low Value: 248,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 26, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $290,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $274,240
  • Market Land Value: $70,200
  • Market Improvement Value: $204,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,240
  • Assessed Land Value: $70,200
  • Assessed Improvements Value: $204,040

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Transaction ID: 11893349768
  • Current Sale Price: $290,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 10564
  • Previous Sale Recording Date: Mar 30, 2017
  • Previous Sale Contract Date: Mar 29, 2017
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 26, 2022
  • First Mortgage Loan Amount: $290,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEWTOWNE MORTGAGE
  • Previous Mortgage Transaction Date: Mar 30, 2017
  • Previous Mortgage Loan Amount: $199,192
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Portsmouth



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Frequently Asked Questions

What neighborhood is 318 Tareyton Lane located in?
The 318 Tareyton Lane is a located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 318 Tareyton Lane?
The average sales price for units in 318 Tareyton Lane is $0 currently.

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