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748 Milby Drive

748 Milby Drive, Chesapeake, VA 23325
Property in Indian River
Sold Mar 27, 2018
$225,000
$237,600 by A Federal Credit Union
Mortgage Due Apr 01, 2052
Sold Jul 15, 2015
$167,000
$177,569 by Navy Fcu
Mortgage
748 Milby Drive has been categorized by the local assessors in Chesapeake, VA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 748 Milby Drive has 1,878 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 310 ft. The area measurement of the land has been determined as 3,485 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 256 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. 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 style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. 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. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Mar 16, 2018 for $225,000. That's $119.81 per sqft. Prior to that sales transaction, the property was also sold in Jun 3, 2015 for $167,000. 748 Milby Drive was last assessed in 2023. The total value of the property was assessed at $306,800. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $206,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,916. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Combination
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 256
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 310
  • Total Building Area: 1,878
  • Building Area: 1,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,878
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: INDIAN RIVER HOMESITES
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 39-A RESUB LTS 38 39 40 41 & 42 BLK 10 I R H S

Ownership

  • Current Owner : CREEKMUR ELISHA A
  • Current Owner 2: CREEKMUR ROBERT T
  • Previous Owner : FISHER CHARSLEE
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 020809

Zoning

  • Zoning: R6: RESIDE

Geography

  • Assessors Map Reference: MB 148 PG 50
  • District: 42
  • Parcel: 0205001001251
  • Municipality: WASHINGTON
  • Latitude: 36.8029
  • Longitude: -76.2295

    Address

  • Full Address: 748 Milby Dr
  • Address - House Number: 748
  • Address - Street Name: Milby
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C005
  • 4-Digit Zip Code: 5010
  • Zip Code: 23325

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,916

    Appraisal Valuation

  • Standard Deviation: 0.12
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 87
  • Final Value: 351,417
  • High Value: 393,616
  • Low Value: 309,219

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $257,600
  • First Open Lien Mortgage Lender: A FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 23, 2022
  • First Open Lien Mortgage Loan Amount: $237,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052
  • Second Open Lien Mortgage Lender: ABNB FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 23, 2022
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $306,800
  • Market Land Value: $100,000
  • Market Improvement Value: $206,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,800
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $206,800

    Sales

  • Current Sale Contract Date: Mar 16, 2018
  • Current Sale Recording Date: Mar 27, 2018
  • Current Sale Transaction ID: 11441386076
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180007573
  • Previous Sale Recording Date: Jul 15, 2015
  • Previous Sale Contract Date: Jun 03, 2015
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Mar 27, 2018
  • First Mortgage Loan Amount: $228,937
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Jul 15, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $177,569
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 748 Milby Drive located in?
The 748 Milby Drive is a located in the neighborhood of Indian River in Indian River, Chesapeake.
What is the average sales price for listings in 748 Milby Drive?
The average sales price for units in 748 Milby Drive is $0 currently.

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