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950 Little Bay Avenue

950 Little Bay Avenue, Norfolk, VA 23503
Property in Willough Bay
Sold Jun 14, 2012
$175,000
$171,830 by Monarch Bank
Mortgage Due Jul 01, 2042
950 Little Bay Avenue in Norfolk, VA was first built in 1955 and is 69 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, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 950 Little Bay Avenue has 1,562 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 7,640 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 440 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 average. 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. The property was last sold in May 24, 2012 for $175,000. That's $112.04 per sqft. 950 Little Bay Avenue was last assessed in 2023. The total value of the property was assessed at $309,500. Specifically, the land the property is located on was valued at $137,900. While improvements on the property were assessed at a total of $171,600. 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 $3,869. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,640
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,562
  • Building Area: 1,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 24 & 25 BLK 3 CHESAPEAKE PL

Ownership

  • Current Owner : MOORE RICHARD E
  • Previous Owner : CAMPBELL CHARLES G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 000400

Zoning

  • Zoning: R12

Geography

  • Section: 14
  • Parcel: 06716000
  • Block: 3
  • Latitude: 36.966
  • Longitude: -76.2777

    Address

  • Full Address: 950 Little Bay Ave
  • Address - House Number: 950
  • Address - Street Name: Little Bay
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C021
  • 4-Digit Zip Code: 1328
  • Zip Code: 23503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,869

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 76
  • Final Value: 354,414
  • High Value: 417,549
  • Low Value: 291,278

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $195,830
  • First Open Lien Mortgage Lender: MONARCH BANK
  • First Open Lien Mortgage Recording Date: Jun 14, 2012
  • First Open Lien Mortgage Loan Amount: $171,830
  • 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: Jul 01, 2042
  • Second Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jan 07, 2016
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $24,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2031

    Market Valuation

  • Market Total Value: $309,500
  • Market Land Value: $137,900
  • Market Improvement Value: $171,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,500
  • Assessed Land Value: $137,900
  • Assessed Improvements Value: $171,600

    Sales

  • Current Sale Contract Date: May 24, 2012
  • Current Sale Recording Date: Jun 14, 2012
  • Current Sale Transaction ID: 1188539693
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 120014012

    Last Sale Mortgage

  • First Mortgage Lender: MONARCH BANK
  • First Mortgage Transaction Date: Jun 14, 2012
  • First Mortgage Loan Amount: $171,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2042

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Frequently Asked Questions

What neighborhood is 950 Little Bay Avenue located in?
The 950 Little Bay Avenue is a located in the neighborhood of Willough Bay in Willough Bay, Norfolk.
What is the average sales price for listings in 950 Little Bay Avenue?
The average sales price for units in 950 Little Bay Avenue is $0 currently.

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