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4053 Tree Chop Circle

4053 Tree Chop Circle, Virginia Beach, VA 23455
Sold Jul 10, 2002
$25,000
$416,700 by Ally Capital Corp
Mortgage Due Mar 01, 2042
4053 Tree Chop Circle 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 2002 and is 22 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4053 Tree Chop Circle has 4,743 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 31,952 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 725 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 hip style roof made of composition shingle. The exterior walls of the building are made of brick. 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 and being fueled with gas. 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. 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, 4053 Tree Chop Circle sold most recently in Jun 28, 2002 for a total of $25,000. If you work out the math, that's approximately a cost of $5.27 per sqft. 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 $10,506 in taxes each year. 4053 Tree Chop Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $894,900. If we break it down further, the land itself was valued at $395,300. Improvements to the property, however, were assessed at a total of $499,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 725
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 31,952
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,743
  • Building Area: 4,743
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,743
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SAW PEN POINT
  • Land Acres: 0.734
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAW PEN POINT SEC 2 PT 1 LOT 11

Ownership

  • Current Owner : PERLMAN STEVEN L
  • Previous Owner : THE WALTERS CO INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 041600

Zoning

  • Zoning: 16

Geography

  • Assessors Map Reference: PM F053
  • Parcel: 14789433700000
  • Lot: 11
  • Municipality: BAYSIDE
  • Latitude: 36.868
  • Longitude: -76.119

    Address

  • Full Address: 4053 Tree Chop Cir
  • Address - House Number: 4053
  • Address - Street Name: Tree Chop
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C042
  • 4-Digit Zip Code: 5647
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,506
  • Tax Rate Code Area: D081

    Appraisal Valuation

  • Standard Deviation: 0.1248
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 86
  • Final Value: 1,085,127
  • High Value: 1,220,551
  • Low Value: 949,703

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,700
  • First Open Lien Mortgage Lender: ALLY CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Mar 21, 2012
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $416,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2042

    Market Valuation

  • Market Total Value: $894,900
  • Market Land Value: $395,300
  • Market Improvement Value: $499,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $894,900
  • Assessed Land Value: $395,300
  • Assessed Improvements Value: $499,600

    Sales

  • Current Sale Contract Date: Jun 28, 2002
  • Current Sale Recording Date: Jul 10, 2002
  • Current Sale Transaction ID: 1017076109
  • Current Sale Price: $25,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ESSEX FIRST MORTGAGE
  • First Mortgage Transaction Date: Jul 10, 2002
  • First Mortgage Loan Amount: $479,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

About Northwest Virginia Beach



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Frequently Asked Questions

What neighborhood is 4053 Tree Chop Circle located in?
The 4053 Tree Chop Circle is a located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
What is the average sales price for listings in 4053 Tree Chop Circle?
The average sales price for units in 4053 Tree Chop Circle is $0 currently.

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