1304 Faraid Ln Virginia Beach, VA 23464
Estimated Value: $394,000 - $415,000
3
Beds
3
Baths
1,640
Sq Ft
$246/Sq Ft
Est. Value
About This Home
This home is located at 1304 Faraid Ln, Virginia Beach, VA 23464 and is currently estimated at $403,786, approximately $246 per square foot. 1304 Faraid Ln is a home located in Virginia Beach City with nearby schools including Indian Lakes Elementary School, Salem Middle School, and Salem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 7, 2021
Sold by
Dotson Timothy S and Dotson Kimberly S
Bought by
Durand Kyler L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,621
Outstanding Balance
$242,380
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$161,406
Purchase Details
Closed on
Jan 12, 1999
Sold by
V A
Bought by
Dotson Timothy S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
6.7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Durand Kyler L | $281,000 | Old Republic National Title | |
| Dotson Timothy S | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Durand Kyler L | $271,621 | |
| Previous Owner | Dotson Timothy S | $103,600 |
Source: Public Records
Tax History Compared to Growth
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 | $3,499 | $370,500 | $134,000 | $236,500 |
| 2024 | $3,499 | $360,700 | $119,000 | $241,700 |
| 2023 | $3,482 | $351,700 | $110,000 | $241,700 |
| 2022 | $3,230 | $326,300 | $94,000 | $232,300 |
| 2021 | $2,378 | $240,200 | $80,000 | $160,200 |
| 2020 | $2,331 | $229,100 | $76,000 | $153,100 |
| 2019 | $2,413 | $224,600 | $70,000 | $154,600 |
| 2018 | $2,252 | $224,600 | $70,000 | $154,600 |
| 2017 | $2,239 | $223,300 | $70,000 | $153,300 |
| 2016 | $2,073 | $209,400 | $65,000 | $144,400 |
| 2015 | $2,009 | $202,900 | $65,000 | $137,900 |
| 2014 | $1,823 | $199,400 | $80,000 | $119,400 |
Source: Public Records
Map
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