NOT LISTED FOR SALE

1007 Commonwealth Place Virginia Beach, VA 23464

Kempsville Neighborhood

Estimated Value: $228,000 - $251,166

2 Beds
2 Baths
1,252 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 1007 Commonwealth Place, Virginia Beach, VA 23464 and is currently estimated at $242,042, approximately $193 per square foot. 1007 Commonwealth Place is a home located in Virginia Beach City with nearby schools including College Park Elementary School, Brandon Middle School, and Tallwood High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Petersen Steven M
Bought by
Morales Rocio Alexander and Reyes Luis Armando
Current Estimated Value
$242,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$198,928
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$43,114

Purchase Details

Closed on
Mar 2, 2022
Sold by
Foster Jr Paul W
Bought by
Petersen Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2022
Sold by
Foster Jr Paul W
Bought by
Peterson Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
3.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morales Rocio Alexander $225,000 Chicago Title
Petersen Steven M $161,000 Stewart Title Company
Peterson Steven M $161,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Rocio Alexander $202,500
Previous Owner Peterson Steven M $128,800
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,968 $216,300 $85,000 $131,300
2024 $1,968 $202,900 $85,000 $117,900
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23464 Kempsville

1007 Commonwealth Place, Virginia Beach, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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