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3601 Omohundro Avenue

3601 Omohundro Avenue, Norfolk, VA 23504
Property in Park Place
Sold Sep 01, 2021
$349,900
$262,425 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2036
Sold Mar 05, 2020
$305,000
$244,000 by Wells Fargo Bank Na
Mortgage
3601 Omohundro Avenue in Norfolk, VA was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 2 floors. There are a total of 16 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 3601 Omohundro Avenue has 3,412 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 5,110 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. 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 quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of plaster. 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 hot water 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, 3601 Omohundro Avenue sold most recently in Aug 27, 2021 for a total of $349,900. If you work out the math, that's approximately a cost of $102.55 per sqft. Before that, the property was also sold for $305,000 in Feb 29, 2020. 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 $4,284 in taxes each year. 3601 Omohundro Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $342,700. If we break it down further, the land itself was valued at $57,000. Improvements to the property, however, were assessed at a total of $285,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Quadplex
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,110
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,412
  • Gross Building Area: 3,412
  • Building Area: 3,412
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,412
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VIRGINIA PLACE
  • Land Acres: 0.117
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • County Land Use Code: Intangable personal property
  • Legal Description 1: LOTS 39 & 40, BLK 9, VIRGINIA PL

Ownership

  • Current Owner : NGUYEN CHRISTOPHER
  • Current Owner 2: NGUYEN TRINH
  • Previous Owner : NEWSOME KEEVON L
  • Owner Before Previous Owner: NEWSOME THERESA
  • Owner Before Previous Owner 2: NEXSUM INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 002900

Zoning

  • Zoning: R8

Geography

  • Section: 513
  • Parcel: 22133600
  • Block: 9
  • Lot: 39,40
  • Latitude: 36.8794
  • Longitude: -76.2833

    Address

  • Full Address: 3601 Omohundro Ave
  • Address - House Number: 3601
  • Address - Street Name: Omohundro
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C014
  • 4-Digit Zip Code: 1339
  • Zip Code: 23504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,284

    Appraisal Valuation

  • Standard Deviation: 0.163
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 79
  • Final Value: 377,175
  • High Value: 438,655
  • Low Value: 315,696

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,425
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $262,425
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $342,700
  • Market Land Value: $57,000
  • Market Improvement Value: $285,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,700
  • Assessed Land Value: $57,000
  • Assessed Improvements Value: $285,700

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11855317492
  • Current Sale Price: $349,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210027365
  • Previous Sale Recording Date: Mar 05, 2020
  • Previous Sale Contract Date: Feb 29, 2020
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $262,425
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 05, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $244,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Park Place



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Frequently Asked Questions

What neighborhood is 3601 Omohundro Avenue located in?
The 3601 Omohundro Avenue is a quadruplex located in the neighborhood of Park Place in Park Place, Norfolk.
What is the average sales price for listings in 3601 Omohundro Avenue?
The average sales price for units in 3601 Omohundro Avenue is $349,900 currently.

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