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436 Suburban Parkway

436 Suburban Parkway, Norfolk, VA 23505
Property in Suburban Acres
Sold Jan 16, 2024
$430,000
Sold Jun 06, 2018
$335,000
$295,000 by Southern Trust Mortgage Llc
Mortgage
436 Suburban Parkway has been categorized by the local assessors in Norfolk, VA as a residential type of property. The building on the property was first built in 1963 and is 61 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 436 Suburban Parkway has 2,172 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 19,502 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 497 sqft. According to our sources, there are a total of 2 available parking spaces. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 11, 2024 for $430,000. That's $197.97 per sqft. Prior to that sales transaction, the property was also sold in Jun 1, 2018 for $335,000. 436 Suburban Parkway was last assessed in 2023. The total value of the property was assessed at $385,400. Specifically, the land the property is located on was valued at $121,000. While improvements on the property were assessed at a total of $264,400. 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 $4,818. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 497
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,502
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,172
  • Building Area: 2,172
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBURBAN ACRES SECTION 3
  • Land Acres: 0.448
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 9 SECTION 3 SUBURBAN ACRES

Ownership

  • Current Owner : COX JOE LEE
  • Current Owner 2: COX JOE LEE
  • Previous Owner : STRONG ALYSSA M
  • Previous Owner 2: STRONG NICHOLAS I
  • Owner Before Previous Owner: HORTON EDWARD C
  • Owner Before Previous Owner 2: HORTON VIRGINIA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 001400

Zoning

  • Zoning: R3

Geography

  • Section: 792E
  • Parcel: 08481100
  • Latitude: 36.9089
  • Longitude: -76.2642

    Address

  • Full Address: 436 Suburban Pkwy
  • Address - House Number: 436
  • Address - Street Name: Suburban
  • Address - Suffix Type: Pkwy
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C022
  • 4-Digit Zip Code: 4227
  • Zip Code: 23505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,818

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 427,277
  • High Value: 497,724
  • Low Value: 356,830

    Market Valuation

  • Market Total Value: $385,400
  • Market Land Value: $121,000
  • Market Improvement Value: $264,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,400
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $264,400

    Sales

  • Current Sale Contract Date: Jan 11, 2024
  • Current Sale Recording Date: Jan 16, 2024
  • Current Sale Transaction ID: 11919432272
  • Current Sale Price: $430,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 797
  • Previous Sale Recording Date: Jun 06, 2018
  • Previous Sale Contract Date: Jun 01, 2018
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 06, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $295,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Suburban Acres



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Frequently Asked Questions

What neighborhood is 436 Suburban Parkway located in?
The 436 Suburban Parkway is a located in the neighborhood of Suburban Acres in Suburban Acres, Norfolk.
What is the average sales price for listings in 436 Suburban Parkway?
The average sales price for units in 436 Suburban Parkway is $0 currently.

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