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1216 Norway Street

1216 Norway Street, Bristol, VA 24201
Property in Bristol
Sold Mar 08, 2023
$225,000
$257,106 by Loan Funder Llc
Mortgage Due Mar 03, 2024
Sold May 13, 2015
$100,000
$90,000 by Grundy National Bank
Mortgage
Local assessors in Bristol, VA have categorized 1216 Norway Street as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 29,654 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 1216 Norway Street has a total of 2,400 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. 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 - C-. 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. 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, 1216 Norway Street was last sold in Mar 3, 2023 for $225,000. According to our calculations, that's $80.36 per sqft. Prior to that sales transaction, the property was sold for $100,000 in May 13, 2015. Current property owners are expected to pay $2,659 in taxes per year. The property on 1216 Norway Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $227,300. To break that down further, the land itself was valued at $32,500. While improvements to the property were assessed at a total of $194,800. 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: 1971
  • Effective Year Built: 1971
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 29,654
  • Total Building Area: 2,800
  • Gross Building Area: 2,800
  • Building Area: 2,800
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND PARK ADDITION REPLAT
  • Land Acres: 0.68
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: H.P. LOT 5-8 BLK 11,

Ownership

  • Current Owner : M & S DEVELOPERS LLC
  • Previous Owner : MULLINS PHYLLIS
  • Owner Before Previous Owner: LITTLEFORD KATHLEEN D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bristol City Public Schools
  • Census Tract: 020100

Geography

  • Assessors Map Reference: MB0-0
  • Account Number: 210218
  • Parcel: 35 111 5-8
  • Block: 11
  • Lot: 5-8
  • Latitude: 36.5969
  • Longitude: -82.196

    Address

  • Full Address: 1216 Norway St
  • Address - House Number: 1216
  • Address - Street Name: Norway
  • Address - Suffix Type: St
  • State: VA
  • City Name: Bristol
  • Carrier Code: C014
  • 4-Digit Zip Code: 3708
  • Zip Code: 24201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,659

    Appraisal Valuation

  • Standard Deviation: 0.1321
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 73
  • Final Value: 252,357
  • High Value: 285,706
  • Low Value: 219,007

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $257,106
  • First Open Lien Mortgage Lender: LOAN FUNDER LLC
  • First Open Lien Mortgage Recording Date: Mar 08, 2023
  • First Open Lien Mortgage Loan Amount: $257,106
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 03, 2024

    Market Valuation

  • Market Total Value: $227,300
  • Market Land Value: $32,500
  • Market Improvement Value: $194,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,300
  • Assessed Land Value: $32,500
  • Assessed Improvements Value: $194,800

    Sales

  • Current Sale Contract Date: Mar 03, 2023
  • Current Sale Recording Date: Mar 08, 2023
  • Current Sale Transaction ID: 11903702851
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 380
  • Previous Sale Recording Date: May 13, 2015
  • Previous Sale Contract Date: May 13, 2015
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOAN FUNDER LLC
  • First Mortgage Transaction Date: Mar 08, 2023
  • First Mortgage Loan Amount: $257,106
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 03, 2024

    Previous Mortgages

  • Previous Mortgage Lender: GRUNDY NATIONAL BANK
  • Previous Mortgage Transaction Date: May 13, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1216 Norway Street located in?
The 1216 Norway Street is a located in the neighborhood of Bristol in Bristol, Bristol.
What is the average sales price for listings in 1216 Norway Street?
The average sales price for units in 1216 Norway Street is $0 currently.

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