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2292 Valle Rio Way

2292 Valle Rio Way, Virginia Beach, VA 23456
Property in Virginia Beach
Sold Sep 13, 2005
$774,900
$619,900 by First Horizon Home Loan
Mortgage Due Sep 13, 2035
Sold Jan 11, 2005
$188,500
$521,250 by Bank Of Hampton Roads
Mortgage
2292 Valle Rio Way has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2292 Valle Rio Way has 4,779 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,534 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 681 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 2292 Valle Rio Way was last sold in Sep 2, 2005 for $774,900. According to our calculations, that's $162.15 per sqft. Prior to that sales transaction, the property was sold for $188,500 in Dec 15, 2004. Current property owners are expected to pay $8,674 in taxes per year. The property on 2292 Valle Rio Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $876,200. To break that down further, the land itself was valued at $300,000. While improvements to the property were assessed at a total of $576,200. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 681
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,534
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,779
  • Building Area: 4,779
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,779
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAGOMAR
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAGO MAR SEC 7 PH 3 PART A LOT 227

Ownership

  • Current Owner : DAVISON NICHOLAS
  • Previous Owner : R L WHITE DESIGNER HOMES
  • Owner Before Previous Owner: LAGO MAR ASSOCIATES L L C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045426

Zoning

  • Zoning: 13

Geography

  • Parcel: 24149493000000
  • Lot: 227
  • Municipality: PRINCESS ANNE
  • Latitude: 36.7553
  • Longitude: -75.9842

    Address

  • Full Address: 2292 Valle Rio Way
  • Address - House Number: 2292
  • Address - Street Name: Valle Rio
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: R022
  • 4-Digit Zip Code: 6790
  • Zip Code: 23456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,674
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1262
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 85
  • Final Value: 1,042,196
  • High Value: 1,173,779
  • Low Value: 910,614

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $709,900
  • First Open Lien Mortgage Lender: FIRST HORIZON HOME LOAN
  • First Open Lien Mortgage Recording Date: Sep 13, 2005
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $619,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 13, 2035
  • Second Open Lien Mortgage Lender: LANGLEY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 27, 2024
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $90,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 27, 2054

    Market Valuation

  • Market Total Value: $876,200
  • Market Land Value: $300,000
  • Market Improvement Value: $576,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $876,200
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $576,200

    Sales

  • Current Sale Contract Date: Sep 02, 2005
  • Current Sale Recording Date: Sep 13, 2005
  • Current Sale Transaction ID: 1189781965
  • Current Sale Price: $774,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200509130147136
  • Previous Sale Recording Date: Jan 11, 2005
  • Previous Sale Contract Date: Dec 15, 2004
  • Previous Sale Amount: $188,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON HOME LOAN
  • First Mortgage Transaction Date: Sep 13, 2005
  • First Mortgage Loan Amount: $619,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF HAMPTON ROADS
  • Previous Mortgage Transaction Date: Jan 11, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $521,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 2292 Valle Rio Way located in?
The 2292 Valle Rio Way is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 2292 Valle Rio Way?
The average sales price for units in 2292 Valle Rio Way is $0 currently.

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