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700 Mobjack Place

700 Mobjack Place, Newport News, VA 23606
Property in Deer Park
700 Mobjack Place has been categorized by the local assessors in Newport News, VA as a commercial type of property. The building on the property was first built in 1998 and is 26 years old. The building has a total of 2 stories. The area measurement of the land has been determined as 23,522 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. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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, 700 Mobjack Place sold most recently in Aug 1, 2012 for a total of $570,000. If you work out the math, that's approximately a cost of $164.08 per sqft. Before that, the property was also sold for $300,000 in Jan 1, 1970. 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 $7,099 in taxes each year. 700 Mobjack Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $561,500. If we break it down further, the land itself was valued at $190,300. Improvements to the property, however, were assessed at a total of $371,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 14
  • Bedroom Count: 0
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 3,474
  • Gross Building Area: 3,474
  • Building Area: 3,474
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: OYSTER POINT
  • Land Acres: 0.54
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 5 50X198.71X217.06X200.98

Ownership

  • Current Owner : COLONIAL PENINSULA PROPERTIES
  • Previous Owner : WAKM LLC
  • Owner Before Previous Owner: SCHAFFER ROBERT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport News City Public Schools
  • Census Tract: 032128

Zoning

  • Zoning: C4

Geography

  • Section: 2
  • Parcel: 195000137
  • Lot: 5
  • Latitude: 37.0835
  • Longitude: -76.4735

    Address

  • Full Address: 700 Mobjack Pl
  • Address - House Number: 700
  • Address - Street Name: Mobjack
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Newport News
  • Carrier Code: C023
  • 4-Digit Zip Code: 1957
  • Zip Code: 23606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,099

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: ATLANTIC UNION BANK
  • First Open Lien Mortgage Recording Date: Aug 19, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $561,500
  • Market Land Value: $190,300
  • Market Improvement Value: $371,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $561,500
  • Assessed Land Value: $190,300
  • Assessed Improvements Value: $371,200

    Sales

  • Current Sale Contract Date: Aug 01, 2012
  • Current Sale Recording Date: Aug 08, 2012
  • Current Sale Transaction ID: 1188302088
  • Current Sale Price: $570,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 24, 2003
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION FIRST MARKET BANK
  • First Mortgage Transaction Date: Aug 08, 2012
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HARBOR BANK
  • Previous Mortgage Transaction Date: Jan 24, 2003
  • Previous Mortgage Loan Amount: $360,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Central Newport News



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Frequently Asked Questions

What neighborhood is 700 Mobjack Place located in?
The 700 Mobjack Place is a located in the neighborhood of Deer Park in Central Newport News, Newport News.
What is the average sales price for listings in 700 Mobjack Place?
The average sales price for units in 700 Mobjack Place is $0 currently.

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