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3940 Oakridge Circle

3940 Oakridge Circle, Virginia Beach, VA 23451
Sold Dec 13, 2023
$1,776
Sold Oct 02, 2023
$3,455
3940 Oakridge Circle has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 1981 and is 43 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3940 Oakridge Circle has 1,812 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 1,984 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of wood siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 3940 Oakridge Circle was last sold in Dec 7, 2023 for $1,776. According to our calculations, that's $0.98 per sqft. Prior to that sales transaction, the property was sold for $3,455 in Jul 5, 2023. Current property owners are expected to pay $5,493 in taxes per year. The property on 3940 Oakridge Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $554,800. To break that down further, the land itself was valued at $250,000. While improvements to the property were assessed at a total of $304,800. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 18
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,984
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,812
  • Building Area: 1,812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,812
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RESORT AREA
  • Land Acres: 0.046
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: OCEAN HILLS PHASE 2 LOT 34

Ownership

  • Current Owner : BEACH QUARTERS TIME-SHARE OWNE
  • Previous Owner : DALLOS BERTHA I
  • Previous Owner 2: DALLOS MATHEW R
  • Owner Before Previous Owner: ATLANTIC TRUSTEE SERVICES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 043800

Zoning

  • Zoning: 2

Geography

  • Assessors Map Reference: PM L054
  • Parcel: 24189513360000
  • Lot: 34
  • Municipality: BEACH
  • Latitude: 36.8681
  • Longitude: -75.983

    Address

  • Full Address: 3940 Oakridge Cir
  • Address - House Number: 3940
  • Address - Street Name: Oakridge
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C033
  • 4-Digit Zip Code: 2652
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,493
  • Tax Rate Code Area: D06

    Appraisal Valuation

  • Standard Deviation: 0.1172
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 87
  • Final Value: 677,377
  • High Value: 756,788
  • Low Value: 597,965

    Market Valuation

  • Market Total Value: $554,800
  • Market Land Value: $250,000
  • Market Improvement Value: $304,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,800
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $304,800

    Sales

  • Current Sale Contract Date: Dec 07, 2023
  • Current Sale Recording Date: Dec 13, 2023
  • Current Sale Transaction ID: 11918110879
  • Current Sale Price: $1,776
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 47301
  • Previous Sale Recording Date: Oct 02, 2023
  • Previous Sale Contract Date: Jul 05, 2023
  • Previous Sale Amount: $3,455
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

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Frequently Asked Questions

What neighborhood is 3940 Oakridge Circle located in?
The 3940 Oakridge Circle is a located in the neighborhood of Downtown Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 3940 Oakridge Circle?
The average sales price for units in 3940 Oakridge Circle is $0 currently.

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