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4540 Magnolia Drive

4540 Magnolia Drive, Suffolk, VA 23435
House in Suffolk
Sold Oct 12, 2018
$185,500
$189,539 by Navy Federal Credit Union
Mortgage
Sold Oct 29, 2014
$145,000
$145,000 by Navy Federal Credit Union
Mortgage
4540 Magnolia Drive has been categorized by the local assessors in Suffolk, VA as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 4540 Magnolia Drive has 1,360 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 10,019 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. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4540 Magnolia Drive was last sold in Oct 10, 2018 for $185,500. According to our calculations, that's $136.40 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Jan 1, 1970. Current property owners are expected to pay $393 in taxes per year. The property on 4540 Magnolia Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $242,900. To break that down further, the land itself was valued at $67,700. While improvements to the property were assessed at a total of $175,200. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WYNNEWOOD SD
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L.603, WYNNEWOOD, SEC.7

Ownership

  • Current Owner : LONG RODERICK L
  • Current Owner 2: LONG KATHERINE A
  • Previous Owner : BOWERS TERRENCE L
  • Owner Before Previous Owner: ALLEN JOHN JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Suffolk City Public Schools
  • Census Tract: 075103

Zoning

  • Zoning: RES MEDIUM

Geography

  • Account Number: 304354600
  • District: SH
  • Section: 7
  • Parcel: 13C(7)*603
  • Municipality: SLEEPY HOLE BOROUGH
  • Latitude: 36.8725
  • Longitude: -76.4322

    Address

  • Full Address: 4540 Magnolia Dr
  • Address - House Number: 4540
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Suffolk
  • Carrier Code: C001
  • 4-Digit Zip Code: 2071
  • Zip Code: 23435

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $393
  • Tax Rate Code Area: CITY-WIDE

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 82
  • Final Value: 283,063
  • High Value: 324,732
  • Low Value: 241,395

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,539
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Oct 12, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $189,539
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $242,900
  • Market Land Value: $67,700
  • Market Improvement Value: $175,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,900
  • Assessed Land Value: $67,700
  • Assessed Improvements Value: $175,200

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2018
  • Current Sale Recording Date: Oct 12, 2018
  • Current Sale Transaction ID: 11523165297
  • Current Sale Price: $185,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180010952
  • Previous Sale Recording Date: Oct 29, 2014
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Oct 12, 2018
  • First Mortgage Loan Amount: $189,539
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Oct 29, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $145,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Suffolk



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Frequently Asked Questions

What neighborhood is 4540 Magnolia Drive located in?
The 4540 Magnolia Drive is a house located in the neighborhood of Suffolk in Suffolk, Suffolk.
What is the average sales price for listings in 4540 Magnolia Drive?
The average sales price for units in 4540 Magnolia Drive is $0 currently.

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