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3451 Malvern Drive

3451 Malvern Drive, Norfolk, VA 23518
Property in Sandy Heights
Sold Apr 16, 2020
$190,900
$187,441 by United Wholesale Mortgage
Mortgage
3451 Malvern Drive has been categorized by the local assessors in Norfolk, VA as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 3451 Malvern Drive has 1,619 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 7,475 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3451 Malvern Drive sold most recently in Apr 10, 2020 for a total of $190,900. If you work out the math, that's approximately a cost of $117.91 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,269 in taxes each year. 3451 Malvern Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $261,500. If we break it down further, the land itself was valued at $91,000. Improvements to the property, however, were assessed at a total of $170,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,475
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,619
  • Building Area: 1,619
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,619
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AZALEA ACRES SD
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 12, BLK A, AZALEA ACRES SEC. 1

Ownership

  • Current Owner : WHITLOW CANDACE
  • Previous Owner : LUNING HOLLY HARRELL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 006607

Zoning

  • Zoning: R6

Geography

  • Section: 1370
  • Parcel: 18828700
  • Block: A
  • Lot: 12
  • Latitude: 36.8896
  • Longitude: -76.2182

    Address

  • Full Address: 3451 Malvern Dr
  • Address - House Number: 3451
  • Address - Street Name: Malvern
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C014
  • 4-Digit Zip Code: 5725
  • Zip Code: 23518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,269

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 74
  • Final Value: 289,153
  • High Value: 345,555
  • Low Value: 232,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,441
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $187,441
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $261,500
  • Market Land Value: $91,000
  • Market Improvement Value: $170,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,500
  • Assessed Land Value: $91,000
  • Assessed Improvements Value: $170,500

    Sales

  • Current Sale Contract Date: Apr 10, 2020
  • Current Sale Recording Date: Apr 16, 2020
  • Current Sale Transaction ID: 11756079221
  • Current Sale Price: $190,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200008862

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 16, 2020
  • First Mortgage Loan Amount: $187,441
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Sandy Heights



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Nearby Rentals

Unit for rent at 1744 N Lakeland Drive, Norfolk, VA, 23518

$1,900 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,000 ft²
1744 N Lakeland Drive, Norfolk, VA, 23518 Listing by Cheralyn Whetstone

Frequently Asked Questions

What neighborhood is 3451 Malvern Drive located in?
The 3451 Malvern Drive is a located in the neighborhood of Sandy Heights in Sandy Heights, Norfolk.
What is the average sales price for listings in 3451 Malvern Drive?
The average sales price for units in 3451 Malvern Drive is $0 currently.

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