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3688 Hyde Circle

3688 Hyde Circle, Norfolk, VA 23513
Property in Norview Heights
Sold May 25, 2012
$85,000
$83,460 by Atlantic Bay Mortgage Group Ll
Mortgage Due Jun 01, 2042
Sold Nov 10, 2011
$136,800
Local assessors in Norfolk, VA have categorized 3688 Hyde Circle as a residential type of property. The home was built in 1943 and is 81 years old. The property's lot size has been calculated to be 9,827 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3688 Hyde Circle has a total of 1,118 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. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asbestos. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. Residents rely on no air conditioning for their cooling system. The home's a gravity heating system is the primary heating source. 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, 3688 Hyde Circle sold most recently in May 4, 2012 for a total of $85,000. If you work out the math, that's approximately a cost of $76.03 per sqft. Before that, the property was also sold for $136,800 in Aug 23, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,586 in taxes each year. 3688 Hyde Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $206,900. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $106,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1943
  • Effective Year Built: 1943
  • Total Rooms: 7
  • 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: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,827
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,118
  • Building Area: 1,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Gravity
  • Heated Square Feet: 1,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PT 16 BLK 12 NORVIEW HTS

Ownership

  • Current Owner : GIBSON CHARLES E
  • Previous Owner : BRANCH BANKING AND TRUST CO
  • Owner Before Previous Owner: CORALLO GERALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 006000

Zoning

  • Zoning: R7

Geography

  • Section: 1049
  • Parcel: 18247500
  • Block: 12
  • Latitude: 36.8885
  • Longitude: -76.2397

    Address

  • Full Address: 3688 Hyde Cir
  • Address - House Number: 3688
  • Address - Street Name: Hyde
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C019
  • 4-Digit Zip Code: 3567
  • Zip Code: 23513

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,586

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 76
  • Final Value: 235,748
  • High Value: 277,744
  • Low Value: 193,752

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,460
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: May 25, 2012
  • First Open Lien Mortgage Loan Amount: $83,460
  • 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: Jun 01, 2042

    Market Valuation

  • Market Total Value: $206,900
  • Market Land Value: $100,000
  • Market Improvement Value: $106,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,900
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $106,900

    Sales

  • Current Sale Contract Date: May 04, 2012
  • Current Sale Recording Date: May 25, 2012
  • Current Sale Transaction ID: 1012733745
  • Current Sale Price: $85,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 120012252
  • Previous Sale Recording Date: Nov 10, 2011
  • Previous Sale Contract Date: Aug 23, 2011
  • Previous Sale Amount: $136,800
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: May 25, 2012
  • First Mortgage Loan Amount: $83,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2042

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Frequently Asked Questions

What neighborhood is 3688 Hyde Circle located in?
The 3688 Hyde Circle is a located in the neighborhood of Norview Heights in Norview Heights, Norfolk.
What is the average sales price for listings in 3688 Hyde Circle?
The average sales price for units in 3688 Hyde Circle is $0 currently.

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