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8437 Capeview Avenue

8437 Capeview Avenue, Norfolk, VA 23503
House in Bay View
Sold Sep 14, 2022
$325,000
$319,113 by Towne Mortgage Company
Mortgage Due Oct 01, 2052
Sold Sep 01, 2020
$242,000
$247,566 by Townebank Mortgage
Mortgage
8437 Capeview Avenue in Norfolk, VA was first built in 1954 and is 70 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 8 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. 8437 Capeview Avenue has 1,325 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 8,533 square feet.

Learn more about the property and building on this page. There is a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 420 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 good. The exterior walls of the home are made of alum/vinyl siding. 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, 8437 Capeview Avenue was last sold in Sep 7, 2022 for $325,000. According to our calculations, that's $245.28 per sqft. Prior to that sales transaction, the property was sold for $242,000 in Aug 27, 2020. Current property owners are expected to pay $3,974 in taxes per year. The property on 8437 Capeview Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $317,900. To break that down further, the land itself was valued at $94,500. While improvements to the property were assessed at a total of $223,400. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,533
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,325
  • Building Area: 1,325
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,325
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROOKFIELD PARK
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 52 BROOKFIELD PK SEC 1

Ownership

  • Current Owner : NELSON JOHN B
  • Current Owner 2: NELSON TONIANNE
  • Previous Owner : BALENTINE DUSTIN W
  • Owner Before Previous Owner: FOSTER DAPHNE ANN
  • Owner Before Previous Owner 2: REA WILLIAM F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: R6

Geography

  • Section: 1217
  • Parcel: 32089400
  • Latitude: 36.9292
  • Longitude: -76.229

    Address

  • Full Address: 8437 Capeview Ave
  • Address - House Number: 8437
  • Address - Street Name: Capeview
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C020
  • 4-Digit Zip Code: 4159
  • Zip Code: 23503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,974

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 78
  • Final Value: 335,883
  • High Value: 392,878
  • Low Value: 278,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,113
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Sep 14, 2022
  • First Open Lien Mortgage Loan Amount: $319,113
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $317,900
  • Market Land Value: $94,500
  • Market Improvement Value: $223,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,900
  • Assessed Land Value: $94,500
  • Assessed Improvements Value: $223,400

    Sales

  • Current Sale Contract Date: Sep 07, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Transaction ID: 11896145336
  • Current Sale Price: $325,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 22422
  • Previous Sale Recording Date: Sep 01, 2020
  • Previous Sale Contract Date: Aug 27, 2020
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE COMPANY
  • First Mortgage Transaction Date: Sep 14, 2022
  • First Mortgage Loan Amount: $319,113
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: TOWNEBANK MORTGAGE
  • Previous Mortgage Transaction Date: Sep 01, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $247,566
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Bay View



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Frequently Asked Questions

What neighborhood is 8437 Capeview Avenue located in?
The 8437 Capeview Avenue is a house located in the neighborhood of Bay View in Bay View, Norfolk.
What is the average sales price for listings in 8437 Capeview Avenue?
The average sales price for units in 8437 Capeview Avenue is $0 currently.

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