NOT LISTED FOR SALE

1116 Homestead Dr Virginia Beach, VA 23464

Estimated Value: $516,000 - $565,165

3 Beds
2 Baths
2,600 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 1116 Homestead Dr, Virginia Beach, VA 23464 and is currently estimated at $543,541, approximately $209 per square foot. 1116 Homestead Dr is a home located in Virginia Beach City with nearby schools including Providence Elementary School, Kempsville Middle School, and Kempsville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Tancredi Kenneth R and Tancredi Michelle
Bought by
Muller April R and Metzger James D
Current Estimated Value
$543,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Outstanding Balance
$352,233
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$191,308

Purchase Details

Closed on
Aug 19, 2003
Sold by
Morris Marian
Bought by
Trancredi Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.46%
Mortgage Type
New Conventional
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
Muller April R $410,000 Linear Title & Escrow
Trancredi Kenneth $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muller April R $389,500
Previous Owner Trancredi Kenneth $184,000
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 $4,802 $506,400 $225,000 $281,400
2024 $4,802 $495,100 $225,000 $270,100
2023 $4,475 $452,000 $202,400 $249,600
2022 $4,065 $410,600 $181,300 $229,300
2021 $3,333 $336,700 $149,600 $187,100
2020 $3,392 $333,400 $149,600 $183,800
2019 $3,382 $324,800 $147,800 $177,000
2018 $3,256 $324,800 $147,800 $177,000
2017 $3,390 $338,200 $147,800 $190,400
2016 $3,136 $316,800 $140,800 $176,000
2015 $2,860 $288,900 $137,300 $151,600
2014 $2,654 $285,300 $144,300 $141,000
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23464

1116 Homestead Dr, Virginia Beach, VA

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