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5961 Old College Drive

5961 Old College Drive, Suffolk, VA 23435
Property in Suffolk
Sold Dec 14, 2021
$220,000
$216,015 by Ovm Financial Inc
Mortgage Due Dec 01, 2051
5961 Old College Drive has been categorized by the local assessors in Suffolk, VA as a residential type of property. The building on the property was first built in 1971 and is 53 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5961 Old College Drive has 1,358 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,117 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing electric heaters. 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, 5961 Old College Drive was last sold in Dec 13, 2021 for $220,000. According to our calculations, that's $162.00 per sqft. Current property owners are expected to pay $2,412 in taxes per year. The property on 5961 Old College Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $221,300. To break that down further, the land itself was valued at $74,200. While improvements to the property were assessed at a total of $147,100. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

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

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,358
  • Building Area: 1,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,358
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WYNNEWOOD SD
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 273, WYNNEWOOD

Ownership

  • Current Owner : CARR BETH
  • Previous Owner : STALEY JOHN D
  • Previous Owner 2: STALEY MARGARET R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Suffolk City Public Schools
  • Census Tract: 075103

Zoning

  • Zoning: RES LOW-ME

Geography

  • Account Number: 304156000
  • District: SH
  • Parcel: 13C*273
  • Municipality: SLEEPY HOLE BOROUGH
  • Latitude: 36.8708
  • Longitude: -76.4245

    Address

  • Full Address: 5961 Old College Dr
  • Address - House Number: 5961
  • Address - Street Name: Old College
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Suffolk
  • Carrier Code: C001
  • 4-Digit Zip Code: 2052
  • Zip Code: 23435

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,412
  • Tax Rate Code Area: CITY-WIDE

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 263,773
  • High Value: 308,016
  • Low Value: 219,531

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $224,023
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $216,015
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jan 08, 2024
  • Second Open Lien Mortgage Loan Amount: $8,008
  • Second Open Lien Mortgage Term: 335
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $221,300
  • Market Land Value: $74,200
  • Market Improvement Value: $147,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,300
  • Assessed Land Value: $74,200
  • Assessed Improvements Value: $147,100

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Transaction ID: 11875188101
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210022757

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Dec 14, 2021
  • First Mortgage Loan Amount: $216,015
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Suffolk



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Frequently Asked Questions

What neighborhood is 5961 Old College Drive located in?
The 5961 Old College Drive is a located in the neighborhood of Suffolk in Suffolk, Suffolk.
What is the average sales price for listings in 5961 Old College Drive?
The average sales price for units in 5961 Old College Drive is $0 currently.

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