See Home Value
$285,378*
House - Off Market

505 McFarland Road

Norfolk, VA 23505
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1500 Sqft
$243,000 - $295,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model
Sold Dec 19, 2022
$270,505
$252,150 by Mortgage Electronic Registrati
Mortgage Due Jan 01, 2053
Sold Jun 11, 2019
$215,000
$219,622 by Mortgage Research Center Llc
Mortgage

About This Property

Welcome to this beautiful open-concept ranch in Ocean View! The spacious living area separates the living spaces of the home to allow for comfort and closeness! The primary bedroom features its own private hallway and a walk-in master closet. There is an option for a 4th bedroom where the garage had been partially converted. This also can be converted back to a full garage or used as a den if desired! The Giant eat-in kitchen with lots of storage and counter space is great for entertaining. Enjoy the cozy fireplace in the den! The home rests on a large, quiet lost and allows for lots of privacy in the front and the backyard on the deck! Near bases, shopping, interstates, and beaches, this is Virginia living at its finest!

The manager has listed the unit size as 1500 square feet.
Unit Size
1,500Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1998

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold to Myriame Lamothe $270,505
Sold to Myriame Lamothe
Dec 17, 2022 No longer available -
No longer available
Oct 12, 2022 Listed $269,000
Listed
Jun 11, 2019 Sold to Micayla Fitzpatrick $215,000
Sold to Micayla Fitzpatrick

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 90
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,497
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,499
  • Building Area: 1,499
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,499
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: A OAKDALE FARMS PROP
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 85 OAKDALE FARMS SEC A

Ownership

  • Current Owner : LAMOTHE MYRIAME
  • Previous Owner : FITZPATRICK MICAYLA
  • Owner Before Previous Owner: DININNY CALEB O
  • Owner Before Previous Owner 2: LUTHER DAVID M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 005500

Zoning

  • Zoning: R7

Geography

  • Section: 1180
  • Parcel: 01521300
  • Latitude: 36.9209
  • Longitude: -76.258

    Address

  • Full Address: 505 Mcfarland Rd
  • Address - House Number: 505
  • Address - Street Name: Mcfarland
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C013
  • 4-Digit Zip Code: 1628
  • Zip Code: 23505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,205

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 77
  • Final Value: 289,412
  • High Value: 340,660
  • Low Value: 238,163

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $272,150
  • First Open Lien Mortgage Lender: MORTGAGE ELECTRONIC REGISTRATI
  • First Open Lien Mortgage Recording Date: Dec 19, 2022
  • First Open Lien Mortgage Loan Amount: $252,150
  • 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: Jan 01, 2053
  • Second Open Lien Mortgage Recording Date: Dec 19, 2022
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $256,400
  • Market Land Value: $81,500
  • Market Improvement Value: $174,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,400
  • Assessed Land Value: $81,500
  • Assessed Improvements Value: $174,900

    Sales

  • Current Sale Contract Date: Dec 15, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Transaction ID: 11900113601
  • Current Sale Price: $270,505
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 28843
  • Previous Sale Recording Date: Jun 11, 2019
  • Previous Sale Contract Date: Jun 10, 2019
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE ELECTRONIC REGISTRATI
  • First Mortgage Transaction Date: Dec 19, 2022
  • First Mortgage Loan Amount: $252,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053
  • Second Mortgage Loan Amount: $20,000

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Jun 11, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $219,622
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,560 ft²
$192/ft²
$299,900 Dec 13, 2022
-
$220/mo
House
4 Beds
2 Baths
1,300 ft²
$231/ft²
$300,000 Nov 29, 2022
-
$236/mo
House
3 Beds
2 Baths
1,377 ft²
$181/ft²
$249,900 Nov 7, 2022
-
$191/mo
House
3 Beds
2 Baths
1,300 ft²
$204/ft²
$265,000 Dec 21, 2022
-
$170/mo
House
3 Beds
1 Bath
1,020 ft²
$225/ft²
$230,000 Sep 30, 2022
-
$169/mo
Commercial
Loft
-
3,166 ft²
$85/ft²
$270,000 Nov 16, 2022
-
$8,333/mo

About Oakdale Farms


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Frequently Asked Questions

When was property at 505 McFarland Road built and last sold?
The property at 505 McFarland Road was built in 1998 and last sold on Dec 15, 2022 for $270,505.
How much is this home worth?
The estimated value of the home located at 505 McFarland Road is $272,319.
What are some comparable homes to 505 McFarland Road?
There are currently no comparable homes to 505 McFarland Road.

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