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4248 Derby Wharf Drive

4248 Derby Wharf Drive, Virginia Beach, VA 23456
Sold Jan 03, 2023
$375,000
$356,125 by United Wholesale Mortgage Llc
Mortgage Due Jan 01, 2053
Sold Aug 20, 2012
$245,000
$250,267 by Union Mortgage Group Inc
Mortgage
Local assessors in Virginia Beach, VA have categorized 4248 Derby Wharf Drive as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 5,035 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 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 4248 Derby Wharf Drive has a total of 2,005 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 352 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 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 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. The property was last sold in Dec 15, 2022 for $375,000. That's $187.03 per sqft. Prior to that sales transaction, the property was also sold in Aug 16, 2012 for $245,000. 4248 Derby Wharf Drive was last assessed in 2023. The total value of the property was assessed at $368,900. Specifically, the land the property is located on was valued at $147,200. While improvements on the property were assessed at a total of $221,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,652. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • 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: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,035
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,005
  • Building Area: 2,005
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,005
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SALEM WOODS
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SALEM WOODS SEC 6 BK C LOT 55

Ownership

  • Current Owner : GILCHRIST MIKAELA
  • Current Owner 2: GILCHRIST JOHN
  • Previous Owner : LAPORTA DANIEL T
  • Owner Before Previous Owner: HUGHLEY CHARLES E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046214

Zoning

  • Zoning: 18

Geography

  • Assessors Map Reference: PM E122
  • Parcel: 14756722430000
  • Block: C
  • Lot: 55
  • Municipality: ROSE HALL
  • Latitude: 36.794
  • Longitude: -76.1321

    Address

  • Full Address: 4248 Derby Wharf Dr
  • Address - House Number: 4248
  • Address - Street Name: Derby Wharf
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C070
  • 4-Digit Zip Code: 1465
  • Zip Code: 23456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,652
  • Tax Rate Code Area: D07

    Appraisal Valuation

  • Standard Deviation: 0.1236
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 86
  • Final Value: 429,256
  • High Value: 482,338
  • Low Value: 376,175

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,125
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 03, 2023
  • First Open Lien Mortgage Loan Amount: $356,125
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $368,900
  • Market Land Value: $147,200
  • Market Improvement Value: $221,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,900
  • Assessed Land Value: $147,200
  • Assessed Improvements Value: $221,700

    Sales

  • Current Sale Contract Date: Dec 15, 2022
  • Current Sale Recording Date: Jan 03, 2023
  • Current Sale Transaction ID: 11900421553
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 79
  • Previous Sale Recording Date: Aug 20, 2012
  • Previous Sale Contract Date: Aug 16, 2012
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 03, 2023
  • First Mortgage Loan Amount: $356,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: UNION MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Aug 20, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $250,267
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 4248 Derby Wharf Drive located in?
The 4248 Derby Wharf Drive is a house located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 4248 Derby Wharf Drive?
The average sales price for units in 4248 Derby Wharf Drive is $0 currently.

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