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4608 Truman Lane

4608 Truman Lane, Virginia Beach, VA 23455
Sold Mar 01, 2019
$195,000
$189,150 by Atlantic Bay Mortgage Group Ll
Mortgage
Sold Feb 18, 2004
$135,000
$97,500 by Usaa Federal Savings Bank
Mortgage
Local assessors in Virginia Beach, VA have categorized 4608 Truman Lane as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 2,028 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 4608 Truman Lane has a total of 1,530 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. 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 brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. 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 Feb 28, 2019 for $195,000. That's $127.45 per sqft. Prior to that sales transaction, the property was also sold in Feb 9, 2004 for $135,000. 4608 Truman Lane was last assessed in 2023. The total value of the property was assessed at $235,700. Specifically, the land the property is located on was valued at $74,000. While improvements on the property were assessed at a total of $161,700. 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 $2,333. 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. 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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,028
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,530
  • Building Area: 1,530
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,530
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GOVERNOR SQUARE
  • Land Acres: 0.047
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: GOVERNOR SQUARE LOT 15

Ownership

  • Current Owner : LOZITO CHASE B
  • Previous Owner : SCHWARTZ WILLIAM J
  • Previous Owner 2: SCHWARTZ JONI G
  • Owner Before Previous Owner: ALEXANDER HATTY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 041200

Zoning

  • Zoning: 15

Geography

  • Assessors Map Reference: PM E051
  • Parcel: 14783676770000
  • Lot: 15
  • Municipality: BAYSIDE
  • Latitude: 36.875
  • Longitude: -76.138

    Address

  • Full Address: 4608 Truman Ln
  • Address - House Number: 4608
  • Address - Street Name: Truman
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C064
  • 4-Digit Zip Code: 4844
  • Zip Code: 23455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,333
  • Tax Rate Code Area: D09

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 82
  • Final Value: 305,203
  • High Value: 349,753
  • Low Value: 260,654

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,150
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Mar 01, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $189,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $235,700
  • Market Land Value: $74,000
  • Market Improvement Value: $161,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,700
  • Assessed Land Value: $74,000
  • Assessed Improvements Value: $161,700

    Sales

  • Current Sale Contract Date: Feb 28, 2019
  • Current Sale Recording Date: Mar 01, 2019
  • Current Sale Transaction ID: 11582821350
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190301000165620
  • Previous Sale Recording Date: Feb 18, 2004
  • Previous Sale Contract Date: Feb 09, 2004
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Mar 01, 2019
  • First Mortgage Loan Amount: $189,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: USAA FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Feb 18, 2004
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $97,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 4608 Truman Lane located in?
The 4608 Truman Lane is a townhouse located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
What is the average sales price for listings in 4608 Truman Lane?
The average sales price for units in 4608 Truman Lane is $0 currently.

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