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1506 Oak Knoll Lane

1506 Oak Knoll Lane, Virginia Beach, VA 23464
Property in Virginia Beach
Sold Apr 11, 2022
$275,000
$268,055 by Mclean Mortgage Corporation
Mortgage Due May 01, 2052
Sold May 25, 2016
$180,000
$174,600 by Vhda
Mortgage
1506 Oak Knoll Lane in Virginia Beach, VA was first built in 1982 and is 42 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1506 Oak Knoll Lane has 1,080 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 4,815 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 240 sqft. There is one available parking space. 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 frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. The property was last sold in Apr 6, 2022 for $275,000. That's $254.63 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2016 for $180,000. 1506 Oak Knoll Lane was last assessed in 2023. The total value of the property was assessed at $263,100. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $163,100. 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 $2,605. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • 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: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,815
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSEMONT FOREST
  • Land Acres: 0.111
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSEMONT FOREST SEC 1 PT 1 A BLK C LOT 26

Ownership

  • Current Owner : JACKSON JOHNETTA
  • Previous Owner : HORNYAK CHRISTINA N
  • Owner Before Previous Owner: HAMILTON STEVEN
  • Owner Before Previous Owner 2: O'CONNOR THOMAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046213

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: PM D123
  • Parcel: 14658468480000
  • Block: C
  • Lot: 26
  • Municipality: CENTERVILLE
  • Latitude: 36.788
  • Longitude: -76.1583

    Address

  • Full Address: 1506 Oak Knoll Ln
  • Address - House Number: 1506
  • Address - Street Name: Oak Knoll
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C084
  • 4-Digit Zip Code: 7950
  • Zip Code: 23464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,605
  • Tax Rate Code Area: D07

    Appraisal Valuation

  • Standard Deviation: 0.1395
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 83
  • Final Value: 296,205
  • High Value: 337,540
  • Low Value: 254,870

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,055
  • First Open Lien Mortgage Lender: MCLEAN MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 11, 2022
  • First Open Lien Mortgage Loan Amount: $268,055
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $263,100
  • Market Land Value: $100,000
  • Market Improvement Value: $163,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,100
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $163,100

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Transaction ID: 11889348869
  • Current Sale Price: $275,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 21498
  • Previous Sale Recording Date: May 25, 2016
  • Previous Sale Contract Date: May 24, 2016
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MCLEAN MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Apr 11, 2022
  • First Mortgage Loan Amount: $268,055
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: VHDA
  • Previous Mortgage Transaction Date: May 25, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $174,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Virginia Beach



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Frequently Asked Questions

What neighborhood is 1506 Oak Knoll Lane located in?
The 1506 Oak Knoll Lane is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1506 Oak Knoll Lane?
The average sales price for units in 1506 Oak Knoll Lane is $0 currently.

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