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3313 Terrazzo Trail

3313 Terrazzo Trail, Virginia Beach, VA 23452
Property in Virginia Beach
Sold Dec 01, 2021
$275,000
$270,019 by Tidewater Home Funding Llc
Mortgage Due Dec 01, 2051
Sold Dec 01, 2021
$275,000
$270,019 by Tidewater Home Funding Llc
Mortgage Due Dec 01, 2051
3313 Terrazzo Trail 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 1962 and is 62 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3313 Terrazzo Trail has 1,134 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 8,172 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 carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open 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 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 no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 23, 2021 for $275,000. That's $242.50 per sqft. Prior to that sales transaction, the property was also sold in Nov 23, 2021 for $275,000. 3313 Terrazzo Trail was last assessed in 2023. The total value of the property was assessed at $256,800. Specifically, the land the property is located on was valued at $111,000. While improvements on the property were assessed at a total of $145,800. 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 $2,542. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,172
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,134
  • Building Area: 1,134
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,134
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PRINCESS ANNE PLAZA
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRINCESS ANNE PLAZA SEC 6 LOT 19 BLK 29

Ownership

  • Current Owner : EVANS RAYMOND C D
  • Current Owner 2: JOHNSON ERIN D
  • Previous Owner : MCDONALD JORDAN E
  • Owner Before Previous Owner: JORDAN MCDONALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 042801

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM G084
  • Parcel: 14879172160000
  • Block: 29
  • Lot: 19
  • Municipality: BEACH
  • Latitude: 36.8315
  • Longitude: -76.0849

    Address

  • Full Address: 3313 Terrazzo Trl
  • Address - House Number: 3313
  • Address - Street Name: Terrazzo
  • Address - Suffix Type: Trl
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C100
  • 4-Digit Zip Code: 5422
  • Zip Code: 23452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,542
  • Tax Rate Code Area: D03

    Appraisal Valuation

  • Standard Deviation: 0.1402
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 320,381
  • High Value: 365,305
  • Low Value: 275,458

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,019
  • First Open Lien Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Loan Amount: $270,019
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $256,800
  • Market Land Value: $111,000
  • Market Improvement Value: $145,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,800
  • Assessed Land Value: $111,000
  • Assessed Improvements Value: $145,800

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11872381581
  • Current Sale Price: $275,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103092844
  • Previous Sale Recording Date: Dec 01, 2021
  • Previous Sale Contract Date: Nov 23, 2021
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TIDEWATER HOME FUNDING LLC
  • Previous Mortgage Transaction Date: Dec 01, 2021
  • Previous Mortgage Loan Amount: $270,019
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About Virginia Beach



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 4,288 ft²
Listing by Pinchas Vaknine

Frequently Asked Questions

What neighborhood is 3313 Terrazzo Trail located in?
The 3313 Terrazzo Trail is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 3313 Terrazzo Trail?
The average sales price for units in 3313 Terrazzo Trail is $0 currently.

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