NOT LISTED FOR SALE

1012 Culmer Dr Virginia Beach, VA 23454

Virginia Beach Central Neighborhood

Estimated Value: $381,000 - $408,000

3 Beds
2 Baths
1,300 Sq Ft
$302/Sq Ft Est. Value

About This Home

This home is located at 1012 Culmer Dr, Virginia Beach, VA 23454 and is currently estimated at $392,475, approximately $301 per square foot. 1012 Culmer Dr is a home located in Virginia Beach City with nearby schools including Three Oaks Elementary School, Corporate Landing Middle School, and Ocean Lakes High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Rayome Scott and Rayome Tammy
Bought by
Trayes Stephen E and Trayes Maria
Current Estimated Value
$392,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$200,436
Interest Rate
5.13%
Mortgage Type
VA
Estimated Equity
$192,039

Purchase Details

Closed on
Oct 30, 2012
Sold by
Richards Diane E
Bought by
Rayome Scott

Purchase Details

Closed on
Sep 16, 2002
Sold by
Conway John T
Bought by
Young Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.36%
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Trayes Stephen E $330,000 Fidelity National Title
Rayome Scott $210,000 --
Young Diane E $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trayes Stephen E $210,000
Previous Owner Young Diane E $123,000
Source: Public Records

Tax History Compared to Growth

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 $3,080 $332,400 $166,000 $166,400
2024 $3,080 $317,500 $149,500 $168,000
2023 $2,864 $289,300 $130,000 $159,300
2022 $2,624 $265,000 $113,000 $152,000
2021 $2,381 $240,500 $99,500 $141,000
2020 $2,335 $229,500 $94,000 $135,500
2019 $2,216 $215,700 $94,000 $121,700
2018 $2,162 $215,700 $94,000 $121,700
2017 $2,162 $215,700 $94,000 $121,700
2016 $1,998 $201,800 $91,400 $110,400
2015 $1,958 $197,800 $101,600 $96,200
2014 $1,750 $199,200 $109,200 $90,000
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Virginia Beach Central

1012 Culmer Dr, Virginia Beach, VA

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