NOT LISTED FOR SALE

1081 Commonwealth Place Virginia Beach, VA 23464

Level Green Neighborhood

Estimated Value: $242,393 - $259,000

3 Beds
2 Baths
1,302 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 1081 Commonwealth Place, Virginia Beach, VA 23464 and is currently estimated at $250,348, approximately $192 per square foot. 1081 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
Oct 20, 2021
Sold by
Pasaoa Bobby and Pasaoa Jerame
Bought by
Essalmouni Mohamed
Current Estimated Value
$250,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,150
Outstanding Balance
$167,016
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$83,332

Purchase Details

Closed on
Feb 27, 2018
Sold by
Gilliam Dana R
Bought by
Pasaoa Bobby and Pasaoa Jerame

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2003
Sold by
Mason Hilton
Bought by
Gilliam Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,333
Interest Rate
6.01%
Mortgage Type
FHA
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

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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
Essalmouni Mohamed $190,000 Old Republic Title Ins Co
Pasaoa Bobby $140,000 Priority Title & Escrow Llc
Gilliam Dana $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Essalmouni Mohamed $183,150
Previous Owner Pasaoa Bobby $133,000
Previous Owner Gilliam Dana $84,333
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 $2,078 $230,300 $85,000 $145,300
2024 $2,078 $214,200 $85,000 $129,200
2023 $1,839 $185,800 $68,000 $117,800
2022 $1,663 $168,000 $60,000 $108,000
2021 $1,456 $147,100 $50,000 $97,100
2020 $1,389 $136,500 $45,000 $91,500
2019 $1,341 $125,700 $45,000 $80,700
2018 $1,260 $125,700 $45,000 $80,700
2017 $1,174 $117,100 $45,000 $72,100
2016 $1,193 $120,500 $45,000 $75,500
2015 $1,193 $120,500 $45,000 $75,500
2014 $902 $106,400 $49,000 $57,400
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23464 Level Green

1081 Commonwealth Place, Virginia Beach, VA

This home is located at 1081 Commonwealth Place, Virginia Beach, VA 23464 and is currently estimated at $250,348, approximately $192 per square foot. 1081 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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