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602 Fernwood Farms Road

602 Fernwood Farms Road, Chesapeake, VA 23320
Property in Greenbrier West
Sold Oct 29, 2015
$80,000
Buyer
Seller
$69,190 by Branch Banking & Trust Company
Mortgage
Sold Aug 08, 2006
$146,000
$116,800 by Taylor Bean Whittaker Mtg
Mortgage
Local assessors in Chesapeake, VA have categorized 602 Fernwood Farms Road as a residential type of property. The home was built in 1988 and is 36 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 5,619 square feet. The linear feet between the front and back of the lot was measured at 1,530 ft and the front of the lot was measured at 390 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 602 Fernwood Farms Road has a total of 1,046 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. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back 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 concrete control joints. 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 plaster. 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. 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, 602 Fernwood Farms Road sold most recently in Oct 21, 2015 for a total of $80,000. If you work out the math, that's approximately a cost of $76.48 per sqft. Before that, the property was also sold for $146,000 in Jul 28, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,723 in taxes each year. 602 Fernwood Farms Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $185,200. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $115,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1988
  • Effective Year Built: 2006
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Concrete
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,619
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,046
  • Building Area: 1,046
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,046
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DOMINION PINES
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 98 DOMINION PINES SEC 3

Ownership

  • Current Owner : NGUYEN KHOI
  • Previous Owner : NGUYEN THUONG
  • Owner Before Previous Owner: BOWMAN ROSEMARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 020909

Zoning

  • Zoning: RTH1: RESI

Geography

  • Assessors Map Reference: MB 81 PG 24
  • District: 42
  • Parcel: 0366007000290
  • Municipality: WASHINGTON
  • Latitude: 36.7469
  • Longitude: -76.2766

    Address

  • Full Address: 602 Fernwood Farms Rd
  • Address - House Number: 602
  • Address - Street Name: Fernwood Farms
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C038
  • 4-Digit Zip Code: 6702
  • Zip Code: 23320

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,723

    Appraisal Valuation

  • Standard Deviation: 0.12
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 87
  • Final Value: 205,897
  • High Value: 230,621
  • Low Value: 181,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $69,190
  • First Open Lien Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Oct 29, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $69,190
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $185,200
  • Market Land Value: $70,000
  • Market Improvement Value: $115,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,200
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $115,200

    Sales

  • Current Sale Contract Date: Oct 21, 2015
  • Current Sale Recording Date: Oct 29, 2015
  • Current Sale Transaction ID: 1351960831
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 150029719
  • Previous Sale Recording Date: Aug 08, 2006
  • Previous Sale Contract Date: Jul 28, 2006
  • Previous Sale Amount: $146,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Mortgage Transaction Date: Oct 29, 2015
  • First Mortgage Loan Amount: $69,190
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN WHITTAKER MTG
  • Previous Mortgage Transaction Date: Aug 08, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $116,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Greenbrier West



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Frequently Asked Questions

What neighborhood is 602 Fernwood Farms Road located in?
The 602 Fernwood Farms Road is a located in the neighborhood of Greenbrier West in Greenbrier West, Chesapeake.
What is the average sales price for listings in 602 Fernwood Farms Road?
The average sales price for units in 602 Fernwood Farms Road is $0 currently.

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