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3805 Banister River Reach

3805 Banister River Reach, Portsmouth, VA 23703
Townhouse in Portsmouth
3805 Banister River Reach has been categorized by the local assessors in Portsmouth, VA as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. 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, 3805 Banister River Reach has 946 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 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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. The roof of the building is made of asphalt. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 3805 Banister River Reach was last sold in Mar 20, 2014 for $85,000. According to our calculations, that's $89.85 per sqft. Prior to that sales transaction, the property was sold for $136,000 in Jul 10, 2008. Current property owners are expected to pay $1,686 in taxes per year. The property on 3805 Banister River Reach was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $134,880. To break that down further, the land itself was valued at $37,500. While improvements to the property were assessed at a total of $97,380. 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. 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.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.

Building Features

Exterior

Vinyl Siding

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191011 Unit B
10/11/2019
B
2 Bed
2 Bath
946 ft²
$124,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
946 ft²
$116,900 -6.41%
03/25/2020
Alan Psimas

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 5
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 946
  • Gross Building Area: 946
  • Building Area: 946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 946
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WIMBLEDON CHASE
  • Land Acres: 1
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 4-3805D WIMBLEDON CHASE CONDO

Ownership

  • Current Owner : BROWN SOYINI A
  • Previous Owner : DOOLEY ERIN K
  • Owner Before Previous Owner: TCIF REO GCM LLC

Neighborhood

  • School District Name: Portsmouth City Public Schools
  • Census Tract: 213001

Zoning

  • Zoning: URM

Geography

  • Assessors Map Reference: 0751
  • Parcel: 0751-1580
  • Latitude: 36.8628
  • Longitude: -76.3571

    Address

  • Full Address: 3805 Banister River Reach
  • Address - House Number: 3805
  • Address - Street Name: Banister River Reach
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C003
  • 4-Digit Zip Code: 5416
  • Zip Code: 23703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,686

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 177,202
  • High Value: 214,750
  • Low Value: 139,654

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $124,460
  • First Open Lien Mortgage Lender: TIDEWATER HOME FUNDING LL
  • First Open Lien Mortgage Recording Date: May 12, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • 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: May 12, 2044
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 24, 2022
  • Second Open Lien Mortgage Loan Amount: $41,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 20, 2052

    Market Valuation

  • Market Total Value: $134,880
  • Market Land Value: $37,500
  • Market Improvement Value: $97,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,880
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $97,380

    Sales

  • Current Sale Contract Date: Mar 20, 2014
  • Current Sale Recording Date: May 12, 2014
  • Current Sale Transaction ID: 11463486576
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 31, 2008
  • Previous Sale Contract Date: Jul 10, 2008
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIDEWATER HOME FUNDING LL
  • First Mortgage Transaction Date: May 12, 2014
  • First Mortgage Loan Amount: $83,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 31, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $126,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Portsmouth



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Frequently Asked Questions

What neighborhood is 3805 Banister River Reach located in?
The 3805 Banister River Reach is a townhouse located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 3805 Banister River Reach?
The average sales price for units in 3805 Banister River Reach is $119,900 , or $127/sqft. currently.

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