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9630 Shore Drive

9630 Shore Drive, Norfolk, VA 23518
Property in East Ocean View
Local assessors in Norfolk, VA have categorized 9630 Shore Drive as a commercial type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 5,715 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

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 good. 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 home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 9630 Shore Drive sold most recently in Aug 3, 2020 for a total of $695,000. If you work out the math, that's approximately a cost of $182.89 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $20,770 in taxes each year. 9630 Shore Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,661,600. If we break it down further, the land itself was valued at $119,500. Improvements to the property, however, were assessed at a total of $1,542,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: B
  • Floor Count: 1
  • Business/Commerical Units Count: 10
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,715
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,800
  • Gross Building Area: 3,800
  • Building Area: 3,800
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: EAST BEACH SD
  • Land Acres: 0.131
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: LOT 7-132, RESUB EAST BEACH, PHASE 7

Ownership

  • Current Owner : EAST BEACH COMPANY LLC
  • Previous Owner : NORFOLK REDEVELOPMENT AND HOUSING AUTHOR
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Section: 1509
  • Parcel: 50001703
  • Lot: 7-68
  • Latitude: 36.9292
  • Longitude: -76.1913

    Address

  • Full Address: 9630 Shore Dr
  • Address - House Number: 9630
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C007
  • 4-Digit Zip Code: 1639
  • Zip Code: 23518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $12,000,000
  • First Open Lien Mortgage Lender: TOWNEBANK
  • First Open Lien Mortgage Recording Date: Aug 12, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $12,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $1,661,600
  • Market Land Value: $119,500
  • Market Improvement Value: $1,542,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,661,600
  • Assessed Land Value: $119,500
  • Assessed Improvements Value: $1,542,100

    Sales

  • Current Sale Contract Date: Aug 03, 2020
  • Current Sale Recording Date: Aug 12, 2020
  • Current Sale Transaction ID: 11783934287
  • Current Sale Price: $695,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200018661

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK
  • First Mortgage Transaction Date: Aug 12, 2020
  • First Mortgage Loan Amount: $12,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 9630 Shore Drive located in?
The 9630 Shore Drive is a located in the neighborhood of East Ocean View in East Ocean View, Norfolk.
What is the average sales price for listings in 9630 Shore Drive?
The average sales price for units in 9630 Shore Drive is $0 currently.

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