NOT LISTED FOR SALE

1061 Culmer Dr Virginia Beach, VA 23454

Virginia Beach Central Neighborhood

Estimated Value: $416,000 - $446,000

3 Beds
2 Baths
1,400 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 1061 Culmer Dr, Virginia Beach, VA 23454 and is currently estimated at $424,197, approximately $302 per square foot. 1061 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
Jul 11, 2022
Sold by
Diamond Jamie K
Bought by
Nobile Michael A and Nobile Erin K
Current Estimated Value
$424,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,780
Outstanding Balance
$303,648
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$120,549

Purchase Details

Closed on
Apr 5, 2016
Sold by
Piroumian Robert M
Bought by
Ritter Timothy J and Ritter Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2014
Sold by
Flynn Cynthia G
Bought by
Diamond Jamie K
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
Nobile Michael A $350,000 Advance Title
Ritter Timothy J $275,000 Attorney
Diamond Jamie K $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nobile Michael A $318,780
Previous Owner Ritter Timothy J $245,000
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 $3,317 $352,400 $173,000 $179,400
2024 $3,317 $342,000 $155,200 $186,800
2023 $3,091 $312,200 $135,000 $177,200
2022 $2,816 $284,400 $118,000 $166,400
2021 $2,583 $260,900 $102,500 $158,400
2020 $2,535 $249,100 $97,000 $152,100
2019 $2,402 $230,400 $97,000 $133,400
2018 $2,310 $230,400 $97,000 $133,400
2017 $2,343 $233,700 $97,000 $136,700
2016 $2,162 $218,400 $94,300 $124,100
2015 $2,082 $210,300 $104,800 $105,500
2014 $1,874 $213,500 $112,600 $100,900
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Virginia Beach Central

1061 Culmer Dr, Virginia Beach, VA

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