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843 Mayfield Avenue

843 Mayfield Avenue, Norfolk, VA 23518
House in Norfolk
Sold Feb 15, 2019
$155,000
$124,000 by Ovm Financial Inc
Mortgage
Sold Apr 20, 2011
$116,000
$113,059 by Towne Bank Mortgage
Mortgage Due May 01, 2041
843 Mayfield Avenue in Norfolk, VA was first built in 1949 and is 75 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 7 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. 843 Mayfield Avenue has 1,314 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 10,463 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a detached garage. The garage is 400 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 quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as fair. The exterior walls of the home are made of brick. While the interior walls are made of plaster. 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 central heating system. 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. 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, 843 Mayfield Avenue was last sold in Feb 14, 2019 for $155,000. According to our calculations, that's $117.96 per sqft. Prior to that sales transaction, the property was sold for $116,000 in Mar 9, 2011. Current property owners are expected to pay $2,583 in taxes per year. The property on 843 Mayfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $206,600. To break that down further, the land itself was valued at $106,000. While improvements to the property were assessed at a total of $100,600. 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

Brick Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,463
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,314
  • Building Area: 1,314
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,314
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL HEIGHTS
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 29 & 30 BLK 2 COL HTS SEC A

Ownership

  • Current Owner : HUANG QIAN
  • Current Owner 2: HANN JIANLIANG H
  • Previous Owner : SPROUSE-GEIL VALERIE NICOLE
  • Owner Before Previous Owner: BRANCH BANKING & TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 005601

Zoning

  • Zoning: R8

Geography

  • Section: 1209
  • Parcel: 39228300
  • Block: 2
  • Latitude: 36.9265
  • Longitude: -76.2467

    Address

  • Full Address: 843 Mayfield Ave
  • Address - House Number: 843
  • Address - Street Name: Mayfield
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C004
  • 4-Digit Zip Code: 2513
  • Zip Code: 23518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,583

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 74
  • Final Value: 258,033
  • High Value: 308,365
  • Low Value: 207,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,000
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Feb 15, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $124,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $206,600
  • Market Land Value: $106,000
  • Market Improvement Value: $100,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,600
  • Assessed Land Value: $106,000
  • Assessed Improvements Value: $100,600

    Sales

  • Current Sale Contract Date: Feb 14, 2019
  • Current Sale Recording Date: Feb 15, 2019
  • Current Sale Transaction ID: 11574043305
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190002672
  • Previous Sale Recording Date: Apr 20, 2011
  • Previous Sale Contract Date: Mar 09, 2011
  • Previous Sale Amount: $116,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Feb 15, 2019
  • First Mortgage Loan Amount: $124,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TOWNE BANK MORTGAGE
  • Previous Mortgage Transaction Date: Apr 20, 2011
  • Previous Mortgage Loan Amount: $113,059
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2041

About Norfolk



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Frequently Asked Questions

What neighborhood is 843 Mayfield Avenue located in?
The 843 Mayfield Avenue is a house located in the neighborhood of Norfolk in Norfolk, Norfolk.
What is the average sales price for listings in 843 Mayfield Avenue?
The average sales price for units in 843 Mayfield Avenue is $150,000 , or $114/sqft. currently.

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