NOT LISTED FOR SALE

1061 Commonwealth Place Virginia Beach, VA 23464

Level Green Neighborhood

Estimated Value: $235,000 - $247,000

2 Beds
2 Baths
1,176 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 1061 Commonwealth Place, Virginia Beach, VA 23464 and is currently estimated at $239,000, approximately $203 per square foot. 1061 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
Sep 6, 2022
Sold by
Allen Bradley Jr Mark
Bought by
Dowling Gustave
Current Estimated Value
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,812
Outstanding Balance
$183,835
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$55,165

Purchase Details

Closed on
May 13, 2016
Sold by
Weaver Kris
Bought by
Bradley Mark Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,880
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2015
Sold by
The Secretary Of Housing Urban Developme
Bought by
Weaver Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
3.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 26, 2015
Sold by
Bank Of America Na
Bought by
The Secretary Of Us Dept Of Hud

Purchase Details

Closed on
Jul 29, 2014
Sold by
Surety Trustees Llc and Jones Gladys M
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 29, 2009
Sold by
Lopez Christopher M
Bought by
Jones Gladys M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,859
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2008
Sold by
Watts Malcolm G
Bought by
Lopez Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,203
Interest Rate
5.72%
Mortgage Type
VA

Purchase Details

Closed on
Apr 9, 2005
Sold by
Braden Jamila E
Bought by
Watts Malcolm G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,708
Interest Rate
5.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2002
Sold by
Sullivan Mary
Bought by
Braden Jamila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,673
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2000
Sold by
Jackson Otis Lee
Bought by
Conley Mary
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Dowling Gustave $187,500 --
Bradley Mark Allen $117,000 Rocket Title
Weaver Kris $67,429 Rocket Title
The Secretary Of Us Dept Of Hud -- None Available
Bank Of America Na $156,268 --
Jones Gladys M $109,000 --
Lopez Christopher M $149,000 --
Watts Malcolm G $115,900 --
Braden Jamila $53,500 --
Conley Mary $39,358 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowling Gustave $191,812
Previous Owner Bradley Mark Allen $114,880
Previous Owner Weaver Kris $68,500
Previous Owner Jones Gladys M $116,859
Previous Owner Lopez Christopher M $152,203
Previous Owner Watts Malcolm G $113,708
Previous Owner Braden Jamila $52,673
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
2024 $2,062 $212,600 $85,000 $127,600
2023 $1,831 $184,900 $68,000 $116,900
2022 $1,556 $157,200 $60,000 $97,200
2021 $1,360 $137,400 $50,000 $87,400
2020 $1,297 $127,500 $45,000 $82,500
2019 $1,258 $125,500 $45,000 $80,500
2018 $1,258 $125,500 $45,000 $80,500
2017 $1,173 $117,000 $45,000 $72,000
2016 $1,156 $116,800 $45,000 $71,800
2015 $1,156 $116,800 $45,000 $71,800
2014 $878 $103,300 $49,000 $54,300
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23464 Level Green

1061 Commonwealth Place, Virginia Beach, VA

This home is located at 1061 Commonwealth Place, Virginia Beach, VA 23464 and is currently estimated at $239,000, approximately $203 per square foot. 1061 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.

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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