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329 Old Drive

329 Old Drive, Chesapeake, VA 23322
Property in Great Bridge
Sold Jun 09, 2023
$501,300
$453,378 by Emm Loans Llc
Mortgage Due Jul 01, 2053
Sold May 04, 2021
$438,000
$422,965 by Prosperity Home Mortgage Llc
Mortgage
Local assessors in Chesapeake, VA have categorized 329 Old Drive as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 2020. The property's lot size has been calculated to be 18,513 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 329 Old Drive has a total of 2,331 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a vinyl in-ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is unsound. 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 brick control joints. The building has a hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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 5, 2023 for $501,300. That's $215.06 per sqft. Prior to that sales transaction, the property was also sold in Apr 30, 2021 for $438,000. 329 Old Drive was last assessed in 2023. The total value of the property was assessed at $436,800. Specifically, the land the property is located on was valued at $170,000. While improvements on the property were assessed at a total of $266,800. 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 $4,207. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 2020
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Unsound
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Combination
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 18,513
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,331
  • Building Area: 2,331
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,331
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILSON HEIGHTS,SOUTH,HALL MANOR,MEADOW W
  • Land Acres: 0.425
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 39 WILSON HTS SEC C

Ownership

  • Current Owner : LUCAS JEREMY D
  • Current Owner 2: LUCAS MEGAN E
  • Previous Owner : COLE KRISTIN L
  • Previous Owner 2: COLE JASON A
  • Owner Before Previous Owner: CURRY JOSHUA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 021010

Zoning

  • Zoning: R15S: RESI

Geography

  • Assessors Map Reference: MB 41 PG 62
  • District: 23
  • Parcel: 0472004000390
  • Municipality: PLEASANT GROVE
  • Latitude: 36.713
  • Longitude: -76.2496

    Address

  • Full Address: 329 Old Dr
  • Address - House Number: 329
  • Address - Street Name: Old
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C011
  • 4-Digit Zip Code: 5547
  • Zip Code: 23322

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,207

    Appraisal Valuation

  • Standard Deviation: 0.1233
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 86
  • Final Value: 493,695
  • High Value: 554,603
  • Low Value: 432,786

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $453,378
  • First Open Lien Mortgage Lender: EMM LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 09, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $453,378
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $436,800
  • Market Land Value: $170,000
  • Market Improvement Value: $266,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,800
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $266,800

    Sales

  • Current Sale Contract Date: Jun 05, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Transaction ID: 11908037853
  • Current Sale Price: $501,300
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 11962
  • Previous Sale Recording Date: May 04, 2021
  • Previous Sale Contract Date: Apr 30, 2021
  • Previous Sale Amount: $438,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMM LOANS LLC
  • First Mortgage Transaction Date: Jun 09, 2023
  • First Mortgage Loan Amount: $453,378
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 04, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $422,965
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Great Bridge



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Frequently Asked Questions

What neighborhood is 329 Old Drive located in?
The 329 Old Drive is a located in the neighborhood of Great Bridge in Great Bridge, Chesapeake.
What is the average sales price for listings in 329 Old Drive?
The average sales price for units in 329 Old Drive is $0 currently.

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