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468 Suburban Parkway

468 Suburban Parkway, Norfolk, VA 23505
Property in Suburban Acres
Sold Jan 05, 2007
$246,000
$196,800 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2037
468 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 1953 and is 71 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as 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, 468 Suburban Parkway has 1,526 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 11,204 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 269 sqft. According to our sources, there is one available parking space. 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 heat pump. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Dec 18, 2006 for $246,000. That's $161.21 per sqft. 468 Suburban Parkway was last assessed in 2023. The total value of the property was assessed at $280,600. Specifically, the land the property is located on was valued at $103,500. While improvements on the property were assessed at a total of $177,100. 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 $3,508. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1953
  • Effective Year Built: 1953
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 269
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,204
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,526
  • Building Area: 1,526
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,526
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF LOT 13
  • Land Acres: 0.257
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 13-A SUBURBAN ACRES SEC 3

Ownership

  • Current Owner : CHRISTENSEN TERRY
  • Current Owner 2: MASTIN BEN R
  • Previous Owner : CHENG DAVID
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Section: 792E
  • Parcel: 42299600
  • Latitude: 36.9081
  • Longitude: -76.2631

    Address

  • Full Address: 468 Suburban Pkwy
  • Address - House Number: 468
  • 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: $3,508

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 76
  • Final Value: 319,125
  • High Value: 375,975
  • Low Value: 262,276

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,800
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 05, 2007
  • First Open Lien Mortgage Loan Amount: $196,800
  • 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: Feb 01, 2037

    Market Valuation

  • Market Total Value: $280,600
  • Market Land Value: $103,500
  • Market Improvement Value: $177,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,600
  • Assessed Land Value: $103,500
  • Assessed Improvements Value: $177,100

    Sales

  • Current Sale Contract Date: Dec 18, 2006
  • Current Sale Recording Date: Jan 05, 2007
  • Current Sale Transaction ID: 1188586649
  • Current Sale Price: $246,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 070000550

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 05, 2007
  • First Mortgage Loan Amount: $196,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2037

About Suburban Acres



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Frequently Asked Questions

What neighborhood is 468 Suburban Parkway located in?
The 468 Suburban Parkway is a located in the neighborhood of Suburban Acres in Suburban Acres, Norfolk.
What is the average sales price for listings in 468 Suburban Parkway?
The average sales price for units in 468 Suburban Parkway is $0 currently.

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