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929 Gates Avenue

929 Gates Avenue, Norfolk, VA 23517
House in Ghent
Sold Oct 21, 2020
$440,000
$356,928 by Veterans United Home Loans
Mortgage
Sold Aug 28, 2018
$389,900
$396,723 by Navy Federal Credit Union
Mortgage
Local assessors in Norfolk, VA have categorized 929 Gates Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 4,709 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 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 3 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 929 Gates Avenue has a total of 2,010 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. 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 - B-. The building has a gable style roof that was made of asphalt. 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 central air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 13, 2020 for $440,000. That's $218.91 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 2018 for $389,900. 929 Gates Avenue was last assessed in 2023. The total value of the property was assessed at $475,600. Specifically, the land the property is located on was valued at $182,700. While improvements on the property were assessed at a total of $292,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,945. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,709
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,010
  • Building Area: 2,010
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,010
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST GHENT BOULEVARD
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Watercraft (ships, boats, pwcs, etc.)
  • Legal Description 1: 15-16 BLK 6

Ownership

  • Current Owner : DEJESUS VIDAL
  • Current Owner 2: RIGOROSO VANESSA MARY
  • Previous Owner : LEE SCHUYLER D
  • Previous Owner 2: LEE GLORIA C
  • Owner Before Previous Owner: COCHRAN DAVID ALAN
  • Owner Before Previous Owner 2: ROSE STANLEY E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

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

Zoning

  • Zoning: R15

Geography

  • Section: 569
  • Parcel: 08399000
  • Block: 6
  • Latitude: 36.8704
  • Longitude: -76.2999

    Address

  • Full Address: 929 Gates Ave
  • Address - House Number: 929
  • Address - Street Name: Gates
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C007
  • 4-Digit Zip Code: 1620
  • Zip Code: 23517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,945

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 78
  • Final Value: 494,903
  • High Value: 578,472
  • Low Value: 411,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,928
  • First Open Lien Mortgage Lender: VETERANS UNITED HOME LOANS
  • First Open Lien Mortgage Recording Date: Oct 21, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $356,928
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $475,600
  • Market Land Value: $182,700
  • Market Improvement Value: $292,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,600
  • Assessed Land Value: $182,700
  • Assessed Improvements Value: $292,900

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Transaction ID: 11799458434
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200025633
  • Previous Sale Recording Date: Aug 28, 2018
  • Previous Sale Contract Date: Aug 27, 2018
  • Previous Sale Amount: $389,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VETERANS UNITED HOME LOANS
  • First Mortgage Transaction Date: Oct 21, 2020
  • First Mortgage Loan Amount: $356,928
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Aug 28, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $396,723
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Ghent



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Frequently Asked Questions

What neighborhood is 929 Gates Avenue located in?
The 929 Gates Avenue is a house located in the neighborhood of Ghent in Ghent, Norfolk.
What is the average sales price for listings in 929 Gates Avenue?
The average sales price for units in 929 Gates Avenue is $0 currently.

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