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825 Levy Loop

825 Levy Loop, Virginia Beach, VA 23454
Property in Virginia Beach
Sold Jun 02, 2016
$260,000
$265,140 by Mortgage Research Center Llc
Mortgage
825 Levy Loop in Virginia Beach, VA was first built in 1992 and is 32 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 825 Levy Loop has 1,455 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. In total, the area measurement of the land is 7,646 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 483 sqft. There are a total of 2 available parking spaces. 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 frame control joints. The condition of the building has been evaluated as average. 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 inside and you'll find flooring throughout the home. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 825 Levy Loop sold most recently in May 31, 2016 for a total of $260,000. If you work out the math, that's approximately a cost of $178.69 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 $3,457 in taxes each year. 825 Levy Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $349,200. If we break it down further, the land itself was valued at $150,000. Improvements to the property, however, were assessed at a total of $199,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,646
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,455
  • Building Area: 1,455
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,455
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PINE MEADOWS
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PINE MEADOWS PH-FOUR SEC 3 LOT 57 7,656 SQ FT BY PLAT

Ownership

  • Current Owner : KRAY JOHN S
  • Current Owner 2: KRAY LACEY
  • Previous Owner : HALE JAMES R
  • Previous Owner 2: HALE MARIA C B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045427

Zoning

  • Zoning: 21

Geography

  • Parcel: 24159404470000
  • Lot: 57
  • Municipality: PRINCESS ANNE
  • Latitude: 36.7833
  • Longitude: -75.9862

    Address

  • Full Address: 825 Levy Loop
  • Address - House Number: 825
  • Address - Street Name: Levy
  • Address - Suffix Type: Loop
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C033
  • 4-Digit Zip Code: 6963
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,457
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 79
  • Final Value: 374,557
  • High Value: 435,424
  • Low Value: 313,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,140
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $265,140
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $349,200
  • Market Land Value: $150,000
  • Market Improvement Value: $199,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,200
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $199,200

    Sales

  • Current Sale Contract Date: May 31, 2016
  • Current Sale Recording Date: Jun 02, 2016
  • Current Sale Transaction ID: 1570658336
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20160602000464710

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jun 02, 2016
  • First Mortgage Loan Amount: $265,140
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 825 Levy Loop located in?
The 825 Levy Loop is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 825 Levy Loop?
The average sales price for units in 825 Levy Loop is $0 currently.

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