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640 Governors Way

640 Governors Way, Virginia Beach, VA 23452
Property in Virginia Beach
Sold Jul 07, 2015
$153,000
$145,350 by Prosperity Home Mortgage Llc
Mortgage
Sold Mar 04, 2015
$76,000
$96,500 by Private
Mortgage
640 Governors Way in Virginia Beach, VA was first built in 1977 and is 47 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 640 Governors Way has 1,496 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,064 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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, 640 Governors Way was last sold in Jul 2, 2015 for $153,000. According to our calculations, that's $102.27 per sqft. Prior to that sales transaction, the property was sold for $76,000 in Feb 17, 2015. Current property owners are expected to pay $2,230 in taxes per year. The property on 640 Governors Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $225,300. To break that down further, the land itself was valued at $75,000. While improvements to the property were assessed at a total of $150,300. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,064
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,496
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WINDSOR OAKS WEST
  • Land Acres: 0.047
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: WINDSOR OAKS WEST SEC 4 PT 4 LOT 2 BLK 27

Ownership

  • Current Owner : BERNSTEIN JEFFREY
  • Previous Owner : MARSCHEIDER PROPERTIES LLC
  • Owner Before Previous Owner: RRCH 3 LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045806

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: PM F102
  • Parcel: 14863519650000
  • Block: 27
  • Lot: 2
  • Municipality: ROSE HALL
  • Latitude: 36.8174
  • Longitude: -76.1077

    Address

  • Full Address: 640 Governors Way
  • Address - House Number: 640
  • Address - Street Name: Governors
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C098
  • 4-Digit Zip Code: 2820
  • Zip Code: 23452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,230
  • Tax Rate Code Area: D03

    Appraisal Valuation

  • Standard Deviation: 0.1463
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 82
  • Final Value: 280,781
  • High Value: 321,881
  • Low Value: 239,680

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,350
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 07, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $145,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $225,300
  • Market Land Value: $75,000
  • Market Improvement Value: $150,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,300
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $150,300

    Sales

  • Current Sale Contract Date: Jul 02, 2015
  • Current Sale Recording Date: Jul 07, 2015
  • Current Sale Transaction ID: 1214849741
  • Current Sale Price: $153,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 04, 2015
  • Previous Sale Contract Date: Feb 17, 2015
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 07, 2015
  • First Mortgage Loan Amount: $145,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PRIVATE
  • Previous Mortgage Transaction Date: Mar 04, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $96,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Virginia Beach



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Frequently Asked Questions

What neighborhood is 640 Governors Way located in?
The 640 Governors Way is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 640 Governors Way?
The average sales price for units in 640 Governors Way is $0 currently.

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