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9513 23 Bay Street

9513 23 Bay Street, Norfolk, VA 23518
Property in East Ocean View
Sold Jul 19, 2022
$458,000
$468,534 by Nbh Bank
Mortgage Due Aug 01, 2052
Sold Dec 27, 2021
$41,450
$3,695,000 by Townebank
Mortgage
Local assessors in Norfolk, VA have categorized 9513 23 Bay Street as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 2,439 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 is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. 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 9513 23 Bay Street has a total of 1,040 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 composition shingle. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 9513 23 Bay Street was last sold in Jul 15, 2022 for $458,000. According to our calculations, that's $440.38 per sqft. Prior to that sales transaction, the property was sold for $41,450 in Oct 19, 2021. Current property owners are expected to pay $5,289 in taxes per year. The property on 9513 23 Bay Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $423,100. To break that down further, the land itself was valued at $186,700. While improvements to the property were assessed at a total of $236,400. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Conventional
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,439
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST BEACH PHASE 7
  • Land Acres: 0.056
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational vehicles / travel trailers
  • Legal Description 1: 7-155, EAST BEACH, PHASE 7

Ownership

  • Current Owner : NORDHAGEN JULIANNE
  • Previous Owner : FRYE BUILDING CORPORATION
  • Owner Before Previous Owner: NORFOLK REDEVELOPMENT AND HOUSING AUTHOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 006502

Geography

  • Section: 1530
  • Parcel: 51000017
  • Latitude: 36.927
  • Longitude: -76.1902

    Address

  • Full Address: 9513 23rd Bay St
  • Address - House Number: 9513
  • Address - Street Name: 23rd Bay
  • Address - Suffix Type: St
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C007
  • 4-Digit Zip Code: 1712
  • Zip Code: 23518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,289

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 77
  • Final Value: 364,898
  • High Value: 428,105
  • Low Value: 301,691

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,534
  • First Open Lien Mortgage Lender: NBH BANK
  • First Open Lien Mortgage Recording Date: Jul 19, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $468,534
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $423,100
  • Market Land Value: $186,700
  • Market Improvement Value: $236,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,100
  • Assessed Land Value: $186,700
  • Assessed Improvements Value: $236,400

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Transaction ID: 11893164692
  • Current Sale Price: $458,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 17889
  • Previous Sale Recording Date: Dec 27, 2021
  • Previous Sale Contract Date: Oct 19, 2021
  • Previous Sale Amount: $41,450
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBH BANK
  • First Mortgage Transaction Date: Jul 19, 2022
  • First Mortgage Loan Amount: $468,534
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: TOWNEBANK
  • Previous Mortgage Transaction Date: Dec 27, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $3,695,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About East Ocean View



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Frequently Asked Questions

What neighborhood is 9513 23 Bay Street located in?
The 9513 23 Bay Street is a located in the neighborhood of East Ocean View in East Ocean View, Norfolk.
What is the average sales price for listings in 9513 23 Bay Street?
The average sales price for units in 9513 23 Bay Street is $0 currently.

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