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4021 Rumford Lane

4021 Rumford Lane, Virginia Beach, VA 23452
Property in North Central
Sold Oct 03, 2017
$234,000
$214,000 by Centennial Lending Group Llc
Mortgage
Sold Jun 01, 2009
$289,000
$289,000 by Monarch Bank
Mortgage
4021 Rumford Lane 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 1957 and is 67 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4021 Rumford Lane has 1,996 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 13,003 square feet.

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 720 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 composition shingle. The exterior walls of the building are made of wood shingle. 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, 4021 Rumford Lane was last sold in Sep 28, 2017 for $234,000. According to our calculations, that's $117.23 per sqft. Prior to that sales transaction, the property was sold for $289,000 in May 13, 2009. Current property owners are expected to pay $3,250 in taxes per year. The property on 4021 Rumford Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $328,300. To break that down further, the land itself was valued at $145,000. While improvements to the property were assessed at a total of $183,300. 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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood shingle
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,003
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,996
  • Building Area: 1,996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THALIA MANOR
  • Land Acres: 0.299
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THALIA MANOR LOT 1 & PARCEL 1-A BLK 18

Ownership

  • Current Owner : DIXON SARA NICHOL
  • Current Owner 2: DIXON DAVID EDWARD
  • Previous Owner : EPPLEY TONY
  • Previous Owner 2: EPPLEY COLLEEN ROSEANNE
  • Owner Before Previous Owner: BETTY A COMPTON TR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045601

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM F073
  • Parcel: 14870694640000
  • Block: 18
  • Lot: 1
  • Municipality: LYNNHAVEN
  • Latitude: 36.8463
  • Longitude: -76.1143

    Address

  • Full Address: 4021 Rumford Ln
  • Address - House Number: 4021
  • Address - Street Name: Rumford
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C086
  • 4-Digit Zip Code: 2422
  • Zip Code: 23452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,250
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 84
  • Final Value: 401,949
  • High Value: 455,212
  • Low Value: 348,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,000
  • First Open Lien Mortgage Lender: CENTENNIAL LENDING GROUP LLC
  • First Open Lien Mortgage Recording Date: Oct 03, 2017
  • First Open Lien Mortgage Loan Amount: $214,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $328,300
  • Market Land Value: $145,000
  • Market Improvement Value: $183,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,300
  • Assessed Land Value: $145,000
  • Assessed Improvements Value: $183,300

    Sales

  • Current Sale Contract Date: Sep 28, 2017
  • Current Sale Recording Date: Oct 03, 2017
  • Current Sale Transaction ID: 1736762943
  • Current Sale Price: $234,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20171003000849330
  • Previous Sale Recording Date: Jun 01, 2009
  • Previous Sale Contract Date: May 13, 2009
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTENNIAL LENDING GROUP LLC
  • First Mortgage Transaction Date: Oct 03, 2017
  • First Mortgage Loan Amount: $214,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MONARCH BANK
  • Previous Mortgage Transaction Date: Jun 01, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $289,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 4021 Rumford Lane located in?
The 4021 Rumford Lane is a located in the neighborhood of North Central in North Central, Virginia Beach.
What is the average sales price for listings in 4021 Rumford Lane?
The average sales price for units in 4021 Rumford Lane is $0 currently.

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