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4000 Buchanan Drive

4000 Buchanan Drive, Hampton, VA 23669
Sold Apr 19, 2021
$315,000
$238,290 by Wimtrust Mortgage
Mortgage Due May 01, 2051
Sold Aug 28, 2012
$249,900
$245,373 by Townebank Mortgage
Mortgage
Local assessors in Hampton, VA have categorized 4000 Buchanan Drive as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 14,282 square feet. The linear feet between the front and back of the lot was measured at 1,930 ft and the front of the lot was measured at 740 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 3 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 4000 Buchanan Drive has a total of 3,173 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 277 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 wood control joints. The building has a gable style roof that was made of composition shingle. Lots of brick veneer 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 heat pump is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4000 Buchanan Drive sold most recently in Apr 14, 2021 for a total of $315,000. If you work out the math, that's approximately a cost of $99.28 per sqft. Before that, the property was also sold for $249,900 in Aug 27, 2012. 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 $3,966 in taxes each year. 4000 Buchanan Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $341,900. If we break it down further, the land itself was valued at $95,500. Improvements to the property, however, were assessed at a total of $246,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 277
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,282
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 740
  • Total Building Area: 3,173
  • Building Area: 3,173
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,173
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MERRIMAC SHORES
  • Land Acres: 0.327
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MERRIMAC SHORES 2 L21. BF

Ownership

  • Current Owner : LEDFORD MICHAEL T
  • Current Owner 2: LEDFORD VICTORIA L
  • Previous Owner : MURRAY JOSHUA F
  • Previous Owner 2: MURRAY MARY
  • Owner Before Previous Owner: MARSCHEIDER PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hampton City Public Schools
  • Census Tract: 011500

Zoning

  • Zoning: 5 R-13 ONE

Geography

  • Assessors Map Reference: MB 2 PG 33
  • Account Number: 2002521
  • Section: 001
  • Parcel: 02G001 02 F 021
  • Block: F
  • Lot: 21
  • Municipality: AREA #002
  • Latitude: 37.0072
  • Longitude: -76.3515

    Address

  • Full Address: 4000 Buchanan Dr
  • Address - House Number: 4000
  • Address - Street Name: Buchanan
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Hampton
  • Carrier Code: C016
  • 4-Digit Zip Code: 4608
  • Zip Code: 23669

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,966

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 388,126
  • High Value: 446,237
  • Low Value: 330,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,290
  • First Open Lien Mortgage Lender: WIMTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $238,290
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $341,900
  • Market Land Value: $95,500
  • Market Improvement Value: $246,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,900
  • Assessed Land Value: $95,500
  • Assessed Improvements Value: $246,400

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11840574791
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210007083
  • Previous Sale Recording Date: Aug 28, 2012
  • Previous Sale Contract Date: Aug 27, 2012
  • Previous Sale Amount: $249,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WIMTRUST MORTGAGE
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $238,290
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TOWNEBANK MORTGAGE
  • Previous Mortgage Transaction Date: Aug 28, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $245,373
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 4000 Buchanan Drive located in?
The 4000 Buchanan Drive is a house located in the neighborhood of Downtown Hampton in Downtown Hampton, Hampton.
What is the average sales price for listings in 4000 Buchanan Drive?
The average sales price for units in 4000 Buchanan Drive is $0 currently.

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