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7404 Vernon Place

7404 Vernon Place, Newport News, VA 23605
Property in Newmarket
Sold Dec 02, 2022
$186,000
$190,278 by Atlantic Bay Mortgage Group Ll
Mortgage Due Dec 01, 2052
Sold Sep 02, 2022
$104,500
7404 Vernon Place in Newport News, VA was first built in 1955 and is 69 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 ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7404 Vernon Place has 903 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. 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 wood control joints. 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 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 forced air unit and being fueled with gas. 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, 7404 Vernon Place was last sold in Nov 29, 2022 for $186,000. According to our calculations, that's $205.98 per sqft. Prior to that sales transaction, the property was sold for $104,500 in Aug 15, 2022. Current property owners are expected to pay $2,024 in taxes per year. The property on 7404 Vernon Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $189,900. To break that down further, the land itself was valued at $44,000. While improvements to the property were assessed at a total of $145,900. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Aluminum Siding
Vinyl Siding

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 903
  • Building Area: 903
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 903
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEWMARKET VILLAGE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 10 60X120

Ownership

  • Current Owner : QUINONES RICHARD A
  • Current Owner 2: QUINONES JESSICA
  • Previous Owner : CLEARVIEW HOMES VA LLC
  • Owner Before Previous Owner: DOLANREID PLLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Newport News City Public Schools
  • Census Tract: 031300

Zoning

  • Zoning: R4

Geography

  • Section: 2
  • Parcel: 275000230
  • Block: 24
  • Lot: 10
  • Latitude: 37.0173
  • Longitude: -76.4322

    Address

  • Full Address: 7404 Vernon Pl
  • Address - House Number: 7404
  • Address - Street Name: Vernon
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Newport News
  • Carrier Code: C002
  • 4-Digit Zip Code: 2225
  • Zip Code: 23605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,024

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 175,547
  • High Value: 204,635
  • Low Value: 146,460

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,278
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Dec 02, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $190,278
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $189,900
  • Market Land Value: $44,000
  • Market Improvement Value: $145,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,900
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $145,900

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Dec 02, 2022
  • Current Sale Transaction ID: 11899646621
  • Current Sale Price: $186,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20222
  • Previous Sale Recording Date: Sep 02, 2022
  • Previous Sale Contract Date: Aug 15, 2022
  • Previous Sale Amount: $104,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Dec 02, 2022
  • First Mortgage Loan Amount: $190,278
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 7404 Vernon Place located in?
The 7404 Vernon Place is a located in the neighborhood of Newmarket in South Newport News, Newport News.
What is the average sales price for listings in 7404 Vernon Place?
The average sales price for units in 7404 Vernon Place is $0 currently.

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