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3422 Marabou Lane

3422 Marabou Lane, Virginia Beach, VA 23451
Sold Jun 09, 2021
$210,000
$168,000 by Towne Mortgage
Mortgage Due Jul 01, 2051
Sold Sep 28, 2015
$168,000
$162,960 by Movement Mortgage Llc
Mortgage
Local assessors in Virginia Beach, VA have categorized 3422 Marabou Lane as a residential type of property. The home was built in 1982 and is 42 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 3422 Marabou Lane has a total of 1,254 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. 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 electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3422 Marabou Lane was last sold in Jun 4, 2021 for $210,000. According to our calculations, that's $167.46 per sqft. Prior to that sales transaction, the property was sold for $168,000 in Sep 24, 2015. Current property owners are expected to pay $2,349 in taxes per year. The property on 3422 Marabou Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $237,300. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $147,300. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • 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: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,254
  • Building Area: 1,254
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,254
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BIRDNECK NORTH CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: BIRDNECK NORTH CONDO PHASE 2 UNIT 3422

Ownership

  • Current Owner : PASCAROSA JOSEPH SAMUEL
  • Previous Owner : STOLLE SARAH E
  • Previous Owner 2: KENO SARAH E
  • Owner Before Previous Owner: CARLETON SARAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044006

Zoning

  • Zoning: 2

Geography

  • Assessors Map Reference: PM L071
  • Parcel: 24176858408500
  • Municipality: BEACH
  • Latitude: 36.8503
  • Longitude: -75.9926

    Address

  • Full Address: 3422 Marabou Ln
  • Address - House Number: 3422
  • Address - Street Name: Marabou
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C039
  • 4-Digit Zip Code: 5544
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,349
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.1317
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 85
  • Final Value: 277,929
  • High Value: 314,549
  • Low Value: 241,309

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,000
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 09, 2021
  • First Open Lien Mortgage Loan Amount: $168,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $237,300
  • Market Land Value: $90,000
  • Market Improvement Value: $147,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,300
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $147,300

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 09, 2021
  • Current Sale Transaction ID: 11839691426
  • Current Sale Price: $210,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202103047391
  • Previous Sale Recording Date: Sep 28, 2015
  • Previous Sale Contract Date: Sep 24, 2015
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE
  • First Mortgage Transaction Date: Jun 09, 2021
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 28, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $162,960
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 3422 Marabou Lane located in?
The 3422 Marabou Lane is a located in the neighborhood of Downtown Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 3422 Marabou Lane?
The average sales price for units in 3422 Marabou Lane is $0 currently.

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