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4116 Pretty Lake Avenue

4116 Pretty Lake Avenue, Norfolk, VA 23518
Property in East Ocean View
Sold Apr 07, 2022
$650,000
$627,688 by Cmg Mortgage Inc
Mortgage Due May 01, 2052
Sold Jul 20, 2017
$386,000
$366,700 by Bnc National Bank
Mortgage
Local assessors in Norfolk, VA have categorized 4116 Pretty Lake Avenue as a residential type of property. The home was built in 2010 and is 14 years old. The property's lot size has been calculated to be 6,273 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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, 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4116 Pretty Lake Avenue has a total of 1,708 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 326 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio so you'll have a great option in the back 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The building has a hip 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. Residents rely on central air conditioning for their cooling system. The home's a heat pump 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, 4116 Pretty Lake Avenue was last sold in Mar 28, 2022 for $650,000. According to our calculations, that's $380.56 per sqft. Prior to that sales transaction, the property was sold for $386,000 in Jul 14, 2017. Current property owners are expected to pay $5,930 in taxes per year. The property on 4116 Pretty Lake Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $474,400. To break that down further, the land itself was valued at $129,800. While improvements to the property were assessed at a total of $344,600. 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 326
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,273
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,708
  • Building Area: 1,708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,708
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST OCEAN VIEW
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Watercraft (ships, boats, pwcs, etc.)
  • Legal Description 1: 66 & 67 BLK 35 E O VIEW #2

Ownership

  • Current Owner : SHAW THOMAS
  • Previous Owner : FRANCIS THOMPSON JEREMY
  • Owner Before Previous Owner: RUSSELL JASON S
  • Owner Before Previous Owner 2: RUSSELL KERRY

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 006502

Zoning

  • Zoning: R12

Geography

  • Section: 1509
  • Parcel: 39513440
  • Block: 35
  • Latitude: 36.9264
  • Longitude: -76.1928

    Address

  • Full Address: 4116 Pretty Lake Ave
  • Address - House Number: 4116
  • Address - Street Name: Pretty Lake
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C007
  • 4-Digit Zip Code: 1628
  • Zip Code: 23518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,930

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 574,689
  • High Value: 667,899
  • Low Value: 481,478

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $627,688
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 07, 2022
  • First Open Lien Mortgage Loan Amount: $627,688
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $474,400
  • Market Land Value: $129,800
  • Market Improvement Value: $344,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,400
  • Assessed Land Value: $129,800
  • Assessed Improvements Value: $344,600

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: Apr 07, 2022
  • Current Sale Transaction ID: 11885645734
  • Current Sale Price: $650,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 9020
  • Previous Sale Recording Date: Jul 20, 2017
  • Previous Sale Contract Date: Jul 14, 2017
  • Previous Sale Amount: $386,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Apr 07, 2022
  • First Mortgage Loan Amount: $627,688
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BNC NATIONAL BANK
  • Previous Mortgage Transaction Date: Jul 20, 2017
  • Previous Mortgage Loan Amount: $366,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About East Ocean View



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Frequently Asked Questions

What neighborhood is 4116 Pretty Lake Avenue located in?
The 4116 Pretty Lake Avenue is a located in the neighborhood of East Ocean View in East Ocean View, Norfolk.
What is the average sales price for listings in 4116 Pretty Lake Avenue?
The average sales price for units in 4116 Pretty Lake Avenue is $0 currently.

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