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827 Gates Avenue

827 Gates Avenue, Norfolk, VA 23517
Multifamily in Ghent
Local assessors in Norfolk, VA have categorized 827 Gates Avenue as a residential type of property. The home was built in 1916 and is 108 years old. The property's lot size has been calculated to be 5,266 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 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 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 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 827 Gates Avenue has a total of 2,738 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 450 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of fiberglass. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. Residents rely on no air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. 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, 827 Gates Avenue was last sold in Dec 14, 2020 for $367,000. According to our calculations, that's $134.04 per sqft. Prior to that sales transaction, the property was sold for $327,800 in Jun 3, 2019. Current property owners are expected to pay $5,228 in taxes per year. The property on 827 Gates Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $418,200. To break that down further, the land itself was valued at $200,300. While improvements to the property were assessed at a total of $217,900. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200811
08/11/2020
Studio
-
2700 ft²
$400,000
bedrooms
Studio
bathrooms
-
square feet
2700 ft²
$367,000 -8.25%
12/17/2020
Michelle Jones

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Total Rooms: 15
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 450
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,266
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,738
  • Gross Building Area: 2,738
  • Building Area: 2,738
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,738
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH GHENT
  • Land Acres: 0.121
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: 28 & 30 BLK 5 NORTH GHENT

Ownership

  • Current Owner : BEASLEY JARED C
  • Current Owner 2: BEASLEY KIMBERLY A
  • Previous Owner : DIMIRSKY MICHAEL
  • Owner Before Previous Owner: DAMRON WILLIAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 003700

Zoning

  • Zoning: R13

Geography

  • Section: 569
  • Parcel: 13014200
  • Block: 5
  • Latitude: 36.87
  • Longitude: -76.2982

    Address

  • Full Address: 827 Gates Ave
  • Address - House Number: 827
  • Address - Street Name: Gates
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C007
  • 4-Digit Zip Code: 1618
  • Zip Code: 23517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,228

    Appraisal Valuation

  • Standard Deviation: 0.1479
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 82
  • Final Value: 457,910
  • High Value: 525,639
  • Low Value: 390,181

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $367,950
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 17, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $311,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: SOUTHERN BANK AND TRUST COMPAN
  • Second Open Lien Mortgage Recording Date: Jan 24, 2022
  • Second Open Lien Mortgage Loan Amount: $28,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Lender: SOUTHERN BANK AND TRUST COMPAN
  • Third Open Lien Mortgage Recording Date: Jan 24, 2022
  • Third Open Lien Mortgage Loan Amount: $28,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $418,200
  • Market Land Value: $200,300
  • Market Improvement Value: $217,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $418,200
  • Assessed Land Value: $200,300
  • Assessed Improvements Value: $217,900

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Dec 17, 2020
  • Current Sale Transaction ID: 11811981429
  • Current Sale Price: $367,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200031467
  • Previous Sale Recording Date: Jun 04, 2019
  • Previous Sale Contract Date: Jun 03, 2019
  • Previous Sale Amount: $327,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE
  • First Mortgage Transaction Date: Dec 17, 2020
  • First Mortgage Loan Amount: $311,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: 3RD PARTY INDIVIDUAL
  • Previous Mortgage Transaction Date: Jun 04, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $327,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Ghent



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • 3 Beds
  • 1 Bath
Listing by Imran Ashraff
Unit for rent at

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
Listing by Cherlynn Fagerheim
Unit for rent at

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 875 ft²
Listing by Ruby LaDell
Unit for rent at

$1,350 /mo

  • 3 Beds
  • 1 Bath
Listing by Kimberly Schoener
Unit for rent at

$1,530 /mo

  • 1 Bed
  • 1 Bath
  • 774 ft²
Listing by Manager
Unit for rent at

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 827 Gates Avenue located in?
The 827 Gates Avenue is a multifamily located in the neighborhood of Ghent in Ghent, Norfolk.
What is the average sales price for listings in 827 Gates Avenue?
The average sales price for units in 827 Gates Avenue is $370,000 , or $137/sqft. currently.

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