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3705 Sylvan Lane

3705 Sylvan Lane, Virginia Beach, VA 23453
Property in Virginia Beach
Sold Jul 15, 2021
$189,000
$185,576 by Movement Mortgage
Mortgage Due Aug 01, 2051
Sold Sep 09, 2005
$137,000
$123,300 by Mortgage Srouce Inc
Mortgage
Local assessors in Virginia Beach, VA have categorized 3705 Sylvan Lane as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 1,998 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 are 2 full bathrooms. There are also 2 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 3705 Sylvan Lane has a total of 1,158 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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. 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, 3705 Sylvan Lane sold most recently in Jul 14, 2021 for a total of $189,000. If you work out the math, that's approximately a cost of $163.21 per sqft. Before that, the property was also sold for $137,000 in Sep 1, 2005. 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 $1,670 in taxes each year. 3705 Sylvan Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,700. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $108,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • 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: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,998
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,158
  • Building Area: 1,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,158
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREEN RUN
  • Land Acres: 0.046
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: GREEN RUN PUD SEC B-2 PT 3 BK 10 LOT 3

Ownership

  • Current Owner : ISLER KARL ELLIS
  • Current Owner 2: SCOTT WHITEHURST SHAQELA
  • Previous Owner : MARTIN DAVID C
  • Previous Owner 2: MARTIN JUDITH L
  • Owner Before Previous Owner: DOMINION BUILDING L LC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046013

Zoning

  • Zoning: 10

Geography

  • Assessors Map Reference: PM G121
  • Parcel: 14855743820000
  • Block: 10
  • Lot: 3
  • Municipality: CENTERVILLE
  • Latitude: 36.7935
  • Longitude: -76.1006

    Address

  • Full Address: 3705 Sylvan Ln
  • Address - House Number: 3705
  • Address - Street Name: Sylvan
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C073
  • 4-Digit Zip Code: 1831
  • Zip Code: 23453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,670
  • Tax Rate Code Area: D10

    Appraisal Valuation

  • Standard Deviation: 0.1461
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 82
  • Final Value: 224,591
  • High Value: 257,425
  • Low Value: 191,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,576
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $185,576
  • 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: $168,700
  • Market Land Value: $60,000
  • Market Improvement Value: $108,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,700
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $108,700

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11843531438
  • Current Sale Price: $189,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103057424
  • Previous Sale Recording Date: Sep 09, 2005
  • Previous Sale Contract Date: Sep 01, 2005
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jul 15, 2021
  • First Mortgage Loan Amount: $185,576
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE SROUCE INC
  • Previous Mortgage Transaction Date: Sep 09, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $123,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 3705 Sylvan Lane located in?
The 3705 Sylvan Lane is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 3705 Sylvan Lane?
The average sales price for units in 3705 Sylvan Lane is $0 currently.

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