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525 Saber Drive

525 Saber Drive, Chesapeake, VA 23322
Property in Great Bridge
Sold Aug 03, 2021
$415,000
$424,545 by Atlantic Bay Mortgage Group Ll
Mortgage
Sold Apr 29, 2008
$360,000
Local assessors in Chesapeake, VA have categorized 525 Saber Drive as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 12,981 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 960 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 3 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 525 Saber Drive has a total of 2,596 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 483 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a 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 brick control joints. The building has a gambrel style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 525 Saber Drive sold most recently in Jul 26, 2021 for a total of $415,000. If you work out the math, that's approximately a cost of $159.86 per sqft. Before that, the property was also sold for $360,000 in Apr 4, 2008. 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 $3,976 in taxes each year. 525 Saber Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $402,800. If we break it down further, the land itself was valued at $170,000. Improvements to the property, however, were assessed at a total of $232,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 12,981
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 960
  • Total Building Area: 2,596
  • Building Area: 2,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILSON HEIGHTS,SOUTH,HALL MANOR,MEADOW W
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 75 WILSON HEIGHTS SEC F PT 2

Ownership

  • Current Owner : NEWMAN SARA
  • Current Owner 2: NEWMAN WALLACE G
  • Previous Owner : PARKER STEVEN M
  • Previous Owner 2: PARKER STEPHANIE E
  • Owner Before Previous Owner: DIERKES JUDITH R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Also known as (A/K/A)

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 021010

Zoning

  • Zoning: R10S: RESI

Geography

  • Assessors Map Reference: MB 51 PG 13
  • District: 23
  • Parcel: 0472007000750
  • Municipality: PLEASANT GROVE
  • Latitude: 36.7094
  • Longitude: -76.2519

    Address

  • Full Address: 525 Saber Dr
  • Address - House Number: 525
  • Address - Street Name: Saber
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C004
  • 4-Digit Zip Code: 5729
  • Zip Code: 23322

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,976

    Appraisal Valuation

  • Standard Deviation: 0.1069
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 89
  • Final Value: 474,239
  • High Value: 524,963
  • Low Value: 423,516

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,545
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $424,545
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $402,800
  • Market Land Value: $170,000
  • Market Improvement Value: $232,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,800
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $232,800

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11846833780
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210035190
  • Previous Sale Recording Date: Apr 29, 2008
  • Previous Sale Contract Date: Apr 04, 2008
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $424,545
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Great Bridge



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Frequently Asked Questions

What neighborhood is 525 Saber Drive located in?
The 525 Saber Drive is a located in the neighborhood of Great Bridge in Great Bridge, Chesapeake.
What is the average sales price for listings in 525 Saber Drive?
The average sales price for units in 525 Saber Drive is $0 currently.

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