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401 Courtney Arch

401 Courtney Arch, Virginia Beach, VA 23452
Property in North Central
Sold Mar 20, 2018
$310,000
$304,385 by Navy Federal Credit Union
Mortgage
Sold Sep 21, 2017
$200,000
$234,000 by Union Bank & Trust
Mortgage
Local assessors in Virginia Beach, VA have categorized 401 Courtney Arch as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 8,350 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 401 Courtney Arch has a total of 1,564 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. 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 300 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 401 Courtney Arch was last sold in Mar 13, 2018 for $310,000. According to our calculations, that's $198.21 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Sep 8, 2017. Current property owners are expected to pay $3,200 in taxes per year. The property on 401 Courtney Arch was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $323,200. To break that down further, the land itself was valued at $130,000. While improvements to the property were assessed at a total of $193,200. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • 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: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,350
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,564
  • Building Area: 1,564
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,564
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GROVELAND PARK
  • Land Acres: 0.192
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GROVELAND PARK SEC 1 LOT 45

Ownership

  • Current Owner : LEONARD COURTNEY R
  • Current Owner 2: LEONARD JONATHAN R
  • Previous Owner : Renovada Properties Llc A Virginia Limit
  • Owner Before Previous Owner: TREVINO PENNY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 042202

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM G074
  • Parcel: 14879642620000
  • Lot: 45
  • Municipality: LYNNHAVEN
  • Latitude: 36.8452
  • Longitude: -76.0852

    Address

  • Full Address: 401 Courtney Arch
  • Address - House Number: 401
  • Address - Street Name: Courtney Arch
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C066
  • 4-Digit Zip Code: 5703
  • Zip Code: 23452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,200
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1363
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 392,694
  • High Value: 446,222
  • Low Value: 339,166

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,385
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 20, 2018
  • First Open Lien Mortgage Loan Amount: $304,385
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $323,200
  • Market Land Value: $130,000
  • Market Improvement Value: $193,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,200
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $193,200

    Sales

  • Current Sale Contract Date: Mar 13, 2018
  • Current Sale Recording Date: Mar 20, 2018
  • Current Sale Transaction ID: 11438754272
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180320000225010
  • Previous Sale Recording Date: Sep 21, 2017
  • Previous Sale Contract Date: Sep 08, 2017
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Mar 20, 2018
  • First Mortgage Loan Amount: $304,385
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK & TRUST
  • Previous Mortgage Transaction Date: Sep 21, 2017
  • Previous Mortgage Loan Amount: $234,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 401 Courtney Arch located in?
The 401 Courtney Arch is a located in the neighborhood of North Central in North Central, Virginia Beach.
What is the average sales price for listings in 401 Courtney Arch?
The average sales price for units in 401 Courtney Arch is $0 currently.

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