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4037 Oak Drive

4037 Oak Drive, Chesapeake, VA 23321
Sold Mar 07, 2018
$209,911
$214,424 by Simontowne Mortgage
Mortgage
Sold May 26, 2015
$1,000
Local assessors in Chesapeake, VA have categorized 4037 Oak Drive as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 2018. The property's lot size has been calculated to be 8,668 square feet. The linear feet between the front and back of the lot was measured at 910 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 3 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 4037 Oak Drive has a total of 1,380 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. 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 good. 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 asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 4037 Oak Drive was last sold in Feb 28, 2018 for $209,911. According to our calculations, that's $152.11 per sqft. Prior to that sales transaction, the property was sold for $1,000 in May 14, 2015. Current property owners are expected to pay $2,817 in taxes per year. The property on 4037 Oak Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $300,700. To break that down further, the land itself was valued at $135,000. While improvements to the property were assessed at a total of $165,700. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1950
  • Effective Year Built: 2018
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,668
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAK POINT
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 56A RESUB OF LOT 56 OAK PT & J C SULLENDER

Ownership

  • Current Owner : GONZALES MEGAN J
  • Previous Owner : BANNISTER SANDRA E
  • Previous Owner 2: HOLM MEGAN N
  • Owner Before Previous Owner: SULLENDER JEAN C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 021605

Zoning

  • Zoning: R10S: RESI

Geography

  • Assessors Map Reference: MB 158 PG 184
  • District: 52
  • Parcel: 0054004000560
  • Municipality: WESTERN BRANCH
  • Latitude: 36.8506
  • Longitude: -76.4008

    Address

  • Full Address: 4037 Oak Dr
  • Address - House Number: 4037
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C002
  • 4-Digit Zip Code: 5306
  • Zip Code: 23321

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,817

    Appraisal Valuation

  • Standard Deviation: 0.1316
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 85
  • Final Value: 317,849
  • High Value: 359,707
  • Low Value: 275,990

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,424
  • First Open Lien Mortgage Lender: SIMONTOWNE MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 07, 2018
  • First Open Lien Mortgage Loan Amount: $214,424
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $300,700
  • Market Land Value: $135,000
  • Market Improvement Value: $165,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,700
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $165,700

    Sales

  • Current Sale Contract Date: Feb 28, 2018
  • Current Sale Recording Date: Mar 07, 2018
  • Current Sale Transaction ID: 11432561195
  • Current Sale Price: $209,911
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180005836
  • Previous Sale Recording Date: May 26, 2015
  • Previous Sale Contract Date: May 14, 2015
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMONTOWNE MORTGAGE
  • First Mortgage Transaction Date: Mar 07, 2018
  • First Mortgage Loan Amount: $214,424
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

About Western Branch North



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Unit for rent at 4304 Midfield Parkway, Portsmouth, VA, 23703

$3,495 /mo

  • 4 Beds
  • 5 Baths
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4304 Midfield Parkway, Portsmouth, VA, 23703 Listing by Lisa Saunders

Frequently Asked Questions

What neighborhood is 4037 Oak Drive located in?
The 4037 Oak Drive is a located in the neighborhood of Western Branch North in Western Branch North, Chesapeake.
What is the average sales price for listings in 4037 Oak Drive?
The average sales price for units in 4037 Oak Drive is $0 currently.

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