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1505 Myrtle Avenue

1505 Myrtle Avenue, Chesapeake, VA 23325
Property in Indian River
Sold Mar 05, 2018
$205,000
$201,286 by Movement Mortgage Llc
Mortgage
Sold Feb 20, 2013
$145,000
$145,000 by Navy Fcu
Mortgage
1505 Myrtle Avenue in Chesapeake, VA was first built in 1964 and is 60 years old. Although, the building on the property was most recently renovated and altered in 2017. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1505 Myrtle Avenue has 1,431 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,456 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 896 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The condition of the building has been evaluated as fair. The exterior walls of the home are made of brick. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Feb 21, 2018 for $205,000. That's $143.26 per sqft. Prior to that sales transaction, the property was also sold in Feb 15, 2013 for $145,000. 1505 Myrtle Avenue was last assessed in 2023. The total value of the property was assessed at $240,500. Specifically, the land the property is located on was valued at $105,000. While improvements on the property were assessed at a total of $135,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,243. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2017
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 896
  • Parking Space Count: 4
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 11,456
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,431
  • Building Area: 1,431
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,431
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORFOLK HIGHLANDS A & B & WHOLE MAP 20
  • Land Acres: 0.263
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 28 & PT 27 BLK 30 N HGLDS SUB 1

Ownership

  • Current Owner : HUTCHINSON ALBERT E
  • Previous Owner : ADAMS ALEX J
  • Owner Before Previous Owner: LUCEY KENNETH F
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: IV

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 020003

Zoning

  • Zoning: R6: RESIDE

Geography

  • Assessors Map Reference: MB 10 PG 63
  • District: 42
  • Parcel: 0202001001190
  • Municipality: WASHINGTON
  • Latitude: 36.8127
  • Longitude: -76.2361

    Address

  • Full Address: 1505 Myrtle Ave
  • Address - House Number: 1505
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: C009
  • 4-Digit Zip Code: 3827
  • Zip Code: 23325

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,243

    Appraisal Valuation

  • Standard Deviation: 0.1368
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 84
  • Final Value: 287,395
  • High Value: 326,726
  • Low Value: 248,064

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $208,461
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 05, 2018
  • First Open Lien Mortgage Loan Amount: $201,286
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Mar 05, 2018
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $7,175
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2048

    Market Valuation

  • Market Total Value: $240,500
  • Market Land Value: $105,000
  • Market Improvement Value: $135,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,500
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $135,500

    Sales

  • Current Sale Contract Date: Feb 21, 2018
  • Current Sale Recording Date: Mar 05, 2018
  • Current Sale Transaction ID: 11432559714
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180005583
  • Previous Sale Recording Date: Feb 20, 2013
  • Previous Sale Contract Date: Feb 15, 2013
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 05, 2018
  • First Mortgage Loan Amount: $201,286
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Feb 20, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $145,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Indian River



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Frequently Asked Questions

What neighborhood is 1505 Myrtle Avenue located in?
The 1505 Myrtle Avenue is a located in the neighborhood of Indian River in Indian River, Chesapeake.
What is the average sales price for listings in 1505 Myrtle Avenue?
The average sales price for units in 1505 Myrtle Avenue is $0 currently.

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