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5357 Hanyen Drive

5357 Hanyen Drive, Norfolk, VA 23502
House in River Oaks
Sold Feb 03, 2021
$236,900
$242,348 by Ovm Financial Inc
Mortgage Due Mar 01, 2036
Sold May 23, 2019
$209,900
Local assessors in Norfolk, VA have categorized 5357 Hanyen Drive as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 5,946 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5357 Hanyen Drive has a total of 1,380 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. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. 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 wood. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 5357 Hanyen Drive sold most recently in Feb 1, 2021 for a total of $236,900. If you work out the math, that's approximately a cost of $171.67 per sqft. Before that, the property was also sold for $209,900 in May 17, 2019. 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 $3,264 in taxes each year. 5357 Hanyen Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $261,100. If we break it down further, the land itself was valued at $66,000. Improvements to the property, however, were assessed at a total of $195,100. 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,946
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER OAKS SD
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 21 BLK G RIVER OAKS SEC 3

Ownership

  • Current Owner : BAKER JAMES R
  • Current Owner 2: BAKER DANIELLE
  • Previous Owner : MORROW TREY CALVIN
  • Previous Owner 2: MORROW JESSICA
  • Owner Before Previous Owner: RSL HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 006200

Zoning

  • Zoning: R7

Geography

  • Section: 943
  • Parcel: 49419200
  • Block: G
  • Latitude: 36.8708
  • Longitude: -76.2191

    Address

  • Full Address: 5357 Hanyen Dr
  • Address - House Number: 5357
  • Address - Street Name: Hanyen
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C018
  • 4-Digit Zip Code: 2115
  • Zip Code: 23502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,264

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 73
  • Final Value: 260,730
  • High Value: 312,026
  • Low Value: 209,433

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,348
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Feb 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $242,348
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $261,100
  • Market Land Value: $66,000
  • Market Improvement Value: $195,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,100
  • Assessed Land Value: $66,000
  • Assessed Improvements Value: $195,100

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 03, 2021
  • Current Sale Transaction ID: 11817553375
  • Current Sale Price: $236,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210003402
  • Previous Sale Recording Date: May 23, 2019
  • Previous Sale Contract Date: May 17, 2019
  • Previous Sale Amount: $209,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Feb 03, 2021
  • First Mortgage Loan Amount: $242,348
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

About River Oaks



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Frequently Asked Questions

What neighborhood is 5357 Hanyen Drive located in?
The 5357 Hanyen Drive is a house located in the neighborhood of River Oaks in River Oaks, Norfolk.
What is the average sales price for listings in 5357 Hanyen Drive?
The average sales price for units in 5357 Hanyen Drive is $236,900 , or $158/sqft. currently.

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