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4004 Cedar Lane

4004 Cedar Lane, Portsmouth, VA 23703
House in Portsmouth
Sold May 02, 2019
$125,000
$121,250 by Branch Banking & Trust Company
Mortgage
Sold Nov 07, 2008
$149,000
$154,908 by National City Mtg Co
Mortgage
4004 Cedar Lane 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 1963 and is 61 years old. Residents will have access to one full bathroom. 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, 4004 Cedar Lane has 1,773 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 10,454 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 322 sqft. According to our sources, there is one available parking space. 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 brick control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. 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 electric heaters and 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, 4004 Cedar Lane sold most recently in Apr 25, 2019 for a total of $125,000. If you work out the math, that's approximately a cost of $70.50 per sqft. Before that, the property was also sold for $149,000 in Oct 29, 2008. 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 $3,021 in taxes each year. 4004 Cedar Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $241,640. If we break it down further, the land itself was valued at $73,500. Improvements to the property, however, were assessed at a total of $168,140. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 322
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,773
  • Gross Building Area: 1,451
  • Building Area: 1,773
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 1,773
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MERRIFIELDS
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 2 MERRIFIELDS SEC 1

Ownership

  • Current Owner : THOMAS JOSHUA P
  • Previous Owner : SHIPPEE RICHARD A
  • Previous Owner 2: SHIPPEE CECILLE F
  • Owner Before Previous Owner: THOMPSON ROBERT K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portsmouth City Public Schools
  • Census Tract: 213103

Zoning

  • Zoning: GR

Geography

  • Parcel: 0861-0020
  • Latitude: 36.8768
  • Longitude: -76.3783

    Address

  • Full Address: 4004 Cedar Ln
  • Address - House Number: 4004
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C010
  • 4-Digit Zip Code: 2004
  • Zip Code: 23703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,021

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 68
  • Final Value: 256,563
  • High Value: 315,126
  • Low Value: 197,999

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $181,250
  • First Open Lien Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: May 02, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $121,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: NEWPORT NEWS SHIPBUILDING EMPL
  • Second Open Lien Mortgage Recording Date: Jul 27, 2020
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 11, 2045

    Market Valuation

  • Market Total Value: $241,640
  • Market Land Value: $73,500
  • Market Improvement Value: $168,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,640
  • Assessed Land Value: $73,500
  • Assessed Improvements Value: $168,140

    Sales

  • Current Sale Contract Date: Apr 25, 2019
  • Current Sale Recording Date: May 02, 2019
  • Current Sale Transaction ID: 11607845620
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190004148
  • Previous Sale Recording Date: Nov 07, 2008
  • Previous Sale Contract Date: Oct 29, 2008
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Mortgage Transaction Date: May 02, 2019
  • First Mortgage Loan Amount: $121,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MTG CO
  • Previous Mortgage Transaction Date: Nov 07, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $154,908
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Portsmouth



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Frequently Asked Questions

What neighborhood is 4004 Cedar Lane located in?
The 4004 Cedar Lane is a house located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 4004 Cedar Lane?
The average sales price for units in 4004 Cedar Lane is $125,000 , or $86/sqft. currently.

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