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1314 Buckingham Avenue

1314 Buckingham Avenue, Norfolk, VA 23508
Sold Mar 13, 2019
$475,000
$449,480 by Towne Mortgage
Mortgage
Local assessors in Norfolk, VA have categorized 1314 Buckingham Avenue as a residential type of property. The home was built in 1908 and is 116 years old. The property's lot size has been calculated to be 7,741 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 are 8 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 3 full bathrooms. There are also 3 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 1314 Buckingham Avenue has a total of 2,388 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 216 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 slate. 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 plaster. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system 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, 1314 Buckingham Avenue was last sold in Mar 11, 2019 for $475,000. According to our calculations, that's $198.91 per sqft. Current property owners are expected to pay $6,444 in taxes per year. The property on 1314 Buckingham Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $515,500. To break that down further, the land itself was valued at $223,100. While improvements to the property were assessed at a total of $292,400. 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. 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.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: 1908
  • Effective Year Built: 1908
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,741
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,388
  • Building Area: 2,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,388
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LARCHMONT
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Watercraft (ships, boats, pwcs, etc.)
  • Legal Description 1: 25-26 & 27 BLK 34 LARCHMONT

Ownership

  • Current Owner : SUMNER ROBERT M
  • Current Owner 2: SUMNER WHITENY P
  • Previous Owner : PEARSON MALLORY KEEFE
  • Previous Owner 2: KEEFE JOHN RANDOLPH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 002400

Zoning

  • Zoning: R8

Geography

  • Section: 467
  • Parcel: 24077200
  • Block: 34
  • Latitude: 36.8931
  • Longitude: -76.3058

    Address

  • Full Address: 1314 Buckingham Ave
  • Address - House Number: 1314
  • Address - Street Name: Buckingham
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C014
  • 4-Digit Zip Code: 1313
  • Zip Code: 23508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,444

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 78
  • Final Value: 596,730
  • High Value: 696,099
  • Low Value: 497,360

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $449,480
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 13, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $449,480
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $515,500
  • Market Land Value: $223,100
  • Market Improvement Value: $292,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $515,500
  • Assessed Land Value: $223,100
  • Assessed Improvements Value: $292,400

    Sales

  • Current Sale Contract Date: Mar 11, 2019
  • Current Sale Recording Date: Mar 13, 2019
  • Current Sale Transaction ID: 11592073305
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190004380

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE
  • First Mortgage Transaction Date: Mar 13, 2019
  • First Mortgage Loan Amount: $449,480
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Larchmont-Edgewater



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Frequently Asked Questions

What neighborhood is 1314 Buckingham Avenue located in?
The 1314 Buckingham Avenue is a located in the neighborhood of Larchmont-Edgewater in Larchmont-Edgewater, Norfolk.
What is the average sales price for listings in 1314 Buckingham Avenue?
The average sales price for units in 1314 Buckingham Avenue is $0 currently.

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