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3508 Virginius Drive

3508 Virginius Drive, Virginia Beach, VA 23452
Property in North Central
Sold Jul 22, 2021
$175,000
$171,830 by Tidewater Mortgage Services In
Mortgage Due Aug 01, 2051
Sold Dec 03, 2012
$136,000
$133,536 by Old Virginia Mortgage Inc
Mortgage
3508 Virginius Drive in Virginia Beach, VA was first built in 1962 and is 62 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3508 Virginius Drive has 1,043 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,518 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 336 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3508 Virginius Drive was last sold in Jul 21, 2021 for $175,000. According to our calculations, that's $167.79 per sqft. Prior to that sales transaction, the property was sold for $136,000 in Nov 30, 2012. Current property owners are expected to pay $2,285 in taxes per year. The property on 3508 Virginius Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $230,800. To break that down further, the land itself was valued at $120,000. While improvements to the property were assessed at a total of $110,800. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,518
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,043
  • Building Area: 1,043
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,043
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MALIBU
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MALIBU SEC II LOT 378

Ownership

  • Current Owner : BUTLER RACHEL DANIELLE
  • Current Owner 2: BUTLER JOHN MATTHEW
  • Previous Owner : PORTER BENJAMIN S
  • Owner Before Previous Owner: GOOD IDEA INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 042400

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM G071
  • Parcel: 14876786590000
  • Lot: 378
  • Municipality: LYNNHAVEN
  • Latitude: 36.8494
  • Longitude: -76.094

    Address

  • Full Address: 3508 Virginius Dr
  • Address - House Number: 3508
  • Address - Street Name: Virginius
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C068
  • 4-Digit Zip Code: 4438
  • Zip Code: 23452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,285
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 81
  • Final Value: 277,242
  • High Value: 319,032
  • Low Value: 235,452

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,830
  • First Open Lien Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • First Open Lien Mortgage Recording Date: Jul 22, 2021
  • First Open Lien Mortgage Loan Amount: $171,830
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $230,800
  • Market Land Value: $120,000
  • Market Improvement Value: $110,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,800
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $110,800

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Transaction ID: 11844791081
  • Current Sale Price: $175,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103059444
  • Previous Sale Recording Date: Dec 03, 2012
  • Previous Sale Contract Date: Nov 30, 2012
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • First Mortgage Transaction Date: Jul 22, 2021
  • First Mortgage Loan Amount: $171,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: OLD VIRGINIA MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 03, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $133,536
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 3508 Virginius Drive located in?
The 3508 Virginius Drive is a located in the neighborhood of North Central in North Central, Virginia Beach.
What is the average sales price for listings in 3508 Virginius Drive?
The average sales price for units in 3508 Virginius Drive is $0 currently.

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