Check Availability

501 Sunderland Terrace

501 Sunderland Terrace, Chesapeake, VA 23322
Sold Dec 02, 2020
$356,000
Sold Jun 10, 2016
$325,000
$330,687 by Navy Fcu
Mortgage
501 Sunderland Terrace in Chesapeake, VA was first built in 1983 and is 41 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 501 Sunderland Terrace has 3,201 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 2,520 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 13,939 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 651 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as unsound. The exterior walls of the home are made of brick. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 501 Sunderland Terrace sold most recently in Nov 20, 2020 for a total of $356,000. If you work out the math, that's approximately a cost of $111.22 per sqft. Before that, the property was also sold for $325,000 in Jun 7, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,298 in taxes each year. 501 Sunderland Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $467,200. If we break it down further, the land itself was valued at $175,000. Improvements to the property, however, were assessed at a total of $292,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Unsound
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 651
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 2,520
  • Total Building Area: 3,201
  • Building Area: 3,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,201
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ETHERIDGE MANOR/ETHERIDGE POINTE S
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 177 ETHERIDGE MANOR SECT 3-A

Ownership

  • Current Owner : ATKINS VIRGINIA L
  • Previous Owner : OLEKSIAK STEPHEN M
  • Previous Owner 2: ATKINS JAMIE L
  • Owner Before Previous Owner: MAJKUT MAUREEN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 021012

Zoning

  • Zoning: R12AS: RES

Geography

  • Assessors Map Reference: MB 76 PG 64
  • District: 23
  • Parcel: 0608005000810
  • Municipality: PLEASANT GROVE
  • Latitude: 36.6915
  • Longitude: -76.2122

    Address

  • Full Address: 501 Sunderland Ter
  • Address - House Number: 501
  • Address - Street Name: Sunderland
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: R044
  • 4-Digit Zip Code: 9133
  • Zip Code: 23322

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,298

    Appraisal Valuation

  • Standard Deviation: 0.1213
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 86
  • Final Value: 513,133
  • High Value: 575,421
  • Low Value: 450,845

    Market Valuation

  • Market Total Value: $467,200
  • Market Land Value: $175,000
  • Market Improvement Value: $292,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $467,200
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $292,200

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11807446259
  • Current Sale Price: $356,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200045354
  • Previous Sale Recording Date: Jun 10, 2016
  • Previous Sale Contract Date: Jun 07, 2016
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CBM MORTGAGE INC
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $338,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Jun 10, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $330,687
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Great Bridge East



Similar Buildings

House at 501 Sunderland Terrace,

900 Stockleybridge Drive

  • 1 Unit for Sale
900 Stockleybridge Drive, Chesapeake, VA 23322
House at 501 Sunderland Terrace,

1042 Weeping Willow Drive

  • 1 Unit for Sale
1042 Weeping Willow Drive, Chesapeake, VA 23322
House at 501 Sunderland Terrace,

701 Etheridge Road

  • 1 Unit for Sale
701 Etheridge Road, Chesapeake, VA 23322
House at 501 Sunderland Terrace,

404 Chandler Drive

  • 1 Unit for Sale
404 Chandler Drive, Chesapeake, VA 23322
House at 501 Sunderland Terrace,

808 Coinbrook Lane

  • 1 Unit for Sale
808 Coinbrook Lane, Chesapeake, VA 23322
House at 501 Sunderland Terrace,

1237 Battlefield Boulevard

  • 1 Unit for Sale
1237 Battlefield Boulevard, Chesapeake, VA 23322

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$9 /mo

  • Studio
  • 22,000 ft²
Listing by Timothy Barry

Frequently Asked Questions

What neighborhood is 501 Sunderland Terrace located in?
The 501 Sunderland Terrace is a house located in the neighborhood of Great Bridge East in Great Bridge East, Chesapeake.
What is the average sales price for listings in 501 Sunderland Terrace?
The average sales price for units in 501 Sunderland Terrace is $374,900 , or $117/sqft. currently.

Quantcast