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520 Hornell Lane

520 Hornell Lane, Virginia Beach, VA 23452
Property in North Central
Sold Jan 14, 2021
$350,000
$296,000 by Everett Financial Inc
Mortgage Due Feb 01, 2051
Local assessors in Virginia Beach, VA have categorized 520 Hornell Lane as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 9,156 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 520 Hornell Lane has a total of 2,360 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 300 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 alum/vinyl siding 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. 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, 520 Hornell Lane was last sold in Dec 30, 2020 for $350,000. According to our calculations, that's $148.31 per sqft. Current property owners are expected to pay $3,574 in taxes per year. The property on 520 Hornell Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $361,000. To break that down further, the land itself was valued at $140,000. While improvements to the property were assessed at a total of $221,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,156
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,360
  • Building Area: 2,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THALIA MANOR
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THALIA MANOR LOT 20 BLK 5

Ownership

  • Current Owner : NEWELL SETH L
  • Previous Owner : KURTZNER WILLIAM
  • Previous Owner 2: KURTZNER YVONNE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045601

Zoning

  • Zoning: 21

Geography

  • Assessors Map Reference: PM F073
  • Parcel: 14871744750000
  • Block: 5
  • Lot: 20
  • Municipality: LYNNHAVEN
  • Latitude: 36.8491
  • Longitude: -76.1125

    Address

  • Full Address: 520 Hornell Ln
  • Address - House Number: 520
  • Address - Street Name: Hornell
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C086
  • 4-Digit Zip Code: 2520
  • Zip Code: 23452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,574
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.1215
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 86
  • Final Value: 431,933
  • High Value: 484,419
  • Low Value: 379,447

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jan 14, 2021
  • First Open Lien Mortgage Loan Amount: $296,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $361,000
  • Market Land Value: $140,000
  • Market Improvement Value: $221,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,000
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $221,000

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Transaction ID: 11854052565
  • Current Sale Price: $350,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202100004430

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Jan 14, 2021
  • First Mortgage Loan Amount: $296,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 520 Hornell Lane located in?
The 520 Hornell Lane is a located in the neighborhood of North Central in North Central, Virginia Beach.
What is the average sales price for listings in 520 Hornell Lane?
The average sales price for units in 520 Hornell Lane is $0 currently.

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