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823 Winston Salem Avenue

823 Winston Salem Avenue, Virginia Beach, VA 23451
Sold Feb 24, 2021
$629,000
$566,100 by Navy Fcu
Mortgage Due Mar 01, 2051
823 Winston Salem Avenue has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 1961 and is 63 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 823 Winston Salem Avenue has 2,398 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,750 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 average. 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 composition shingle. The exterior walls of the building are made of wood shingle. 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 central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 823 Winston Salem Avenue sold most recently in Feb 19, 2021 for a total of $629,000. If you work out the math, that's approximately a cost of $262.30 per sqft. 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 $6,084 in taxes each year. 823 Winston Salem Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $614,500. If we break it down further, the land itself was valued at $308,200. Improvements to the property, however, were assessed at a total of $306,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood shingle
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,398
  • Building Area: 2,398
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,398
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHADOW LAWN HEIGHTS
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHADOW LAWN HEIGHTS LOT C

Ownership

  • Current Owner : CHAKAN RODNEY THOMAS
  • Current Owner 2: CHAKAN MARIE
  • Previous Owner : ADVOCAT BENN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: 20

Geography

  • Assessors Map Reference: PM L084
  • Parcel: 24179250410000
  • Lot: C
  • Municipality: BEACH
  • Latitude: 36.8314
  • Longitude: -75.9829

    Address

  • Full Address: 823 Winston Salem Ave
  • Address - House Number: 823
  • Address - Street Name: Winston Salem
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 4754
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,084
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 79
  • Final Value: 790,469
  • High Value: 921,796
  • Low Value: 659,141

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $626,100
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Loan Amount: $566,100
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 10, 2022
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2032

    Market Valuation

  • Market Total Value: $614,500
  • Market Land Value: $308,200
  • Market Improvement Value: $306,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $614,500
  • Assessed Land Value: $308,200
  • Assessed Improvements Value: $306,300

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11853787274
  • Current Sale Price: $629,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202100015651

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $566,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 823 Winston Salem Avenue located in?
The 823 Winston Salem Avenue is a located in the neighborhood of Downtown Virginia Beach in Northeast Virginia Beach, Virginia Beach.
What is the average sales price for listings in 823 Winston Salem Avenue?
The average sales price for units in 823 Winston Salem Avenue is $0 currently.

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