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821 Arctic Avenue

821 Arctic Avenue, Virginia Beach, VA 23451
Sold Aug 12, 2021
$1,163,000
$813,000 by Bank Of America Na
Mortgage Due Sep 01, 2051
Sold May 05, 2015
Transfer
Local assessors in Virginia Beach, VA have categorized 821 Arctic Avenue as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 7,884 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 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 4 full bathrooms. There are also 5 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 821 Arctic Avenue has a total of 5,983 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front 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 frame control joints. The building has a gable style roof that was made of composition shingle. 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 gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 821 Arctic Avenue was last sold in Aug 6, 2021 for $1,163,000. According to our calculations, that's $194.38 per sqft. Current property owners are expected to pay $11,264 in taxes per year. The property on 821 Arctic Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,137,800. To break that down further, the land itself was valued at $379,500. While improvements to the property were assessed at a total of $758,300. 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. 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

Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Frame
  • 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: 3
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,884
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,983
  • Building Area: 5,983
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,983
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHADOW LAWN LOT 18A BLK A

Ownership

  • Current Owner : ZERNEKE ERIC
  • Current Owner 2: WOOD CHRISTY
  • Previous Owner : WETSEL DOROTHY JACOBSON
  • Previous Owner 2: WETSEL DOROTHY JACOBSON
  • Owner Before Previous Owner: WETSEL DOROTHY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044007

Zoning

  • Zoning: 20

Geography

  • Parcel: 24271481120000
  • Block: A
  • Lot: 18A
  • Municipality: BEACH
  • Latitude: 36.8371
  • Longitude: -75.975

    Address

  • Full Address: 821 Arctic Ave
  • Address - House Number: 821
  • Address - Street Name: Arctic
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C045
  • 4-Digit Zip Code: 4531
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,264
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1234
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 86
  • Final Value: 1,427,609
  • High Value: 1,603,861
  • Low Value: 1,251,358

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $813,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $813,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $1,137,800
  • Market Land Value: $379,500
  • Market Improvement Value: $758,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,137,800
  • Assessed Land Value: $379,500
  • Assessed Improvements Value: $758,300

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11849759898
  • Current Sale Price: $1,163,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103065257
  • Previous Sale Recording Date: May 05, 2015
  • Previous Sale Contract Date: May 14, 2014
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $813,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Northeast Virginia Beach



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Frequently Asked Questions

What neighborhood is 821 Arctic Avenue located in?
The 821 Arctic Avenue is a house located in the neighborhood of Downtown Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 821 Arctic Avenue?
The average sales price for units in 821 Arctic Avenue is $1,060,000 , or $165/sqft. currently.

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