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3302 Hornsea Road

3302 Hornsea Road, Chesapeake, VA 23325
Sold May 26, 2020
$205,000
$201,286 by Atlantic Bay Mortgage Group Ll
Mortgage
Sold Apr 07, 2017
$179,500
$183,200 by Navy Federal Credit Union
Mortgage
3302 Hornsea Road has been categorized by the local assessors in Chesapeake, VA as a residential type of property. The building on the property was first built in 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 2019. The home has a total of 5 rooms. 3 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, 3302 Hornsea Road has 1,197 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,220 ft and across the front of the lot is 1,070 ft. The area measurement of the land has been determined as 11,892 square feet.

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 attached garage for those who require parking. The garage measured 264 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a porch. 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 asphalt. 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 air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 3302 Hornsea Road was last sold in May 19, 2020 for $205,000. According to our calculations, that's $171.26 per sqft. Prior to that sales transaction, the property was sold for $179,500 in Apr 4, 2017. Current property owners are expected to pay $2,145 in taxes per year. The property on 3302 Hornsea Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $235,700. To break that down further, the land itself was valued at $95,000. While improvements to the property were assessed at a total of $140,700. 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. 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.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

Brick Exterior
Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2019
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 11,892
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,197
  • Building Area: 1,197
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,197
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIRVIEW SEC. 2A,6,7,8,FAIRVIEW MANOR
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 26 S FAIRVIEW REPLAT SEC 7

Ownership

  • Current Owner : FORSYTHE MICHAEL
  • Current Owner 2: FORSYTHE AMANDA
  • Previous Owner : BANKS RACHAEL D
  • Previous Owner 2: BANKS BRYAN G
  • Owner Before Previous Owner: BRACKETT BLAINE C
  • Owner Before Previous Owner 2: BRACKETT LORYN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 020002

Zoning

  • Zoning: R10S: RESI

Geography

  • Assessors Map Reference: MB 38 PG 29
  • District: 42
  • Parcel: 0134015000260
  • Municipality: WASHINGTON
  • Latitude: 36.8236
  • Longitude: -76.2437

    Address

  • Full Address: 3302 Hornsea Rd
  • Address - House Number: 3302
  • Address - Street Name: Hornsea
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C002
  • 4-Digit Zip Code: 2804
  • Zip Code: 23325

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,145

    Appraisal Valuation

  • Standard Deviation: 0.142
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 270,297
  • High Value: 308,680
  • Low Value: 231,915

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $214,074
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: May 26, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $201,286
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: May 18, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $12,788
  • Second Open Lien Mortgage Term: 348
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $235,700
  • Market Land Value: $95,000
  • Market Improvement Value: $140,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,700
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $140,700

    Sales

  • Current Sale Contract Date: May 19, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Transaction ID: 11763457551
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200016184
  • Previous Sale Recording Date: Apr 07, 2017
  • Previous Sale Contract Date: Apr 04, 2017
  • Previous Sale Amount: $179,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: May 26, 2020
  • First Mortgage Loan Amount: $201,286
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Apr 07, 2017
  • Previous Mortgage Loan Amount: $183,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Indian River



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Frequently Asked Questions

What neighborhood is 3302 Hornsea Road located in?
The 3302 Hornsea Road is a house located in the neighborhood of Indian River in Indian River, Chesapeake.
What is the average sales price for listings in 3302 Hornsea Road?
The average sales price for units in 3302 Hornsea Road is $210,000 , or $175/sqft. currently.

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