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1205 Gunn Hall Drive

1205 Gunn Hall Drive, Virginia Beach, VA 23454
Property in Virginia Beach
Refi Oct 01, 2020
Transfer
$274,400 by Cardinal Financial Company Lp
Mortgage Due Oct 01, 2050
Local assessors in Virginia Beach, VA have categorized 1205 Gunn Hall Drive as a residential type of property. The home was built in 2016 and is 8 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1205 Gunn Hall Drive has a total of 1,921 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $3,568 in taxes each year. 1205 Gunn Hall Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $360,400. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $260,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Floating floor/laminate
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,921
  • Building Area: 1,921
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,921
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GUNN HALL MANOR
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 1205 & 1207 GUNN HALL DRIVE CONDO UNIT A

Neighborhood

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

Zoning

  • Zoning: 18

Geography

  • Parcel: 24154177311205
  • Municipality: PRINCESS ANNE
  • Latitude: 36.7761
  • Longitude: -76.0011

    Address

  • Full Address: 1205 Gunn Hall Dr
  • Address - House Number: 1205
  • Address - Street Name: Gunn Hall
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C030
  • 4-Digit Zip Code: 5722
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,568
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 415,054
  • High Value: 468,311
  • Low Value: 361,797

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,400
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $274,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $360,400
  • Market Land Value: $100,000
  • Market Improvement Value: $260,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,400
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $260,400

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Frequently Asked Questions

What neighborhood is 1205 Gunn Hall Drive located in?
The 1205 Gunn Hall Drive is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1205 Gunn Hall Drive?
The average sales price for units in 1205 Gunn Hall Drive is $0 currently.

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