NOT LISTED FOR SALE

1221 Madras Ct Virginia Beach, VA 23454

Virginia Beach Central Neighborhood

Estimated Value: $402,086 - $462,000

3 Beds
2 Baths
1,401 Sq Ft
$304/Sq Ft Est. Value

About This Home

This home is located at 1221 Madras Ct, Virginia Beach, VA 23454 and is currently estimated at $425,272, approximately $303 per square foot. 1221 Madras Ct is a home located in Virginia Beach City with nearby schools including Ocean Lakes Elementary School, Corporate Landing Middle School, and Ocean Lakes High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2013
Sold by
Kannel Timothy A
Bought by
Kannel Timothy A and Kannel Donna L
Current Estimated Value
$425,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,066
Outstanding Balance
$163,567
Interest Rate
3.63%
Mortgage Type
VA
Estimated Equity
$261,705

Purchase Details

Closed on
Dec 13, 2010
Sold by
Meska Tr Steven D
Bought by
Kannel Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,900
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Feb 20, 2008
Sold by
Smith Pamela E
Bought by
Meska Donald F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2004
Sold by
Ruiz Reyes
Bought by
Smith Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2003
Sold by
Brown Timothy A
Bought by
Ruiz Reyes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.01%
Mortgage Type
New Conventional
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
Kannel Timothy A -- --
Kannel Timothy A $235,000 --
Meska Donald F $250,000 --
Smith Daniel E $193,000 --
Ruiz Reyes $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kannel Timothy A $230,066
Previous Owner Kannel Timothy A $234,900
Previous Owner Meska Donald F $225,000
Previous Owner Smith Daniel E $193,000
Previous Owner Ruiz Reyes $128,000
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 $3,415 $365,500 $175,000 $190,500
2024 $3,415 $352,100 $159,000 $193,100
2023 $3,111 $314,200 $130,000 $184,200
2022 $2,905 $293,400 $115,000 $178,400
2021 $2,584 $261,000 $96,800 $164,200
2020 $2,600 $255,500 $96,800 $158,700
2019 $2,485 $244,200 $96,800 $147,400
2018 $2,448 $244,200 $96,800 $147,400
2017 $2,413 $240,700 $96,800 $143,900
2016 $2,292 $231,500 $96,800 $134,700
2015 $2,220 $224,200 $104,600 $119,600
2014 $1,965 $219,900 $104,600 $115,300
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Virginia Beach Central

1221 Madras Ct, Virginia Beach, VA

This home is located at 1221 Madras Ct, Virginia Beach, VA 23454 and is currently estimated at $425,272, approximately $303 per square foot. 1221 Madras Ct is a home located in Virginia Beach City with nearby schools including Ocean Lakes Elementary School, Corporate Landing Middle School, and Ocean Lakes 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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