1305 Faraid Ln Virginia Beach, VA 23464
Estimated Value: $383,600 - $395,000
3
Beds
3
Baths
1,640
Sq Ft
$238/Sq Ft
Est. Value
About This Home
This home is located at 1305 Faraid Ln, Virginia Beach, VA 23464 and is currently estimated at $389,900, approximately $237 per square foot. 1305 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
Jun 11, 2019
Sold by
Wiedemann William and Wiedemann Leonora E
Bought by
Russo Joseph A and Russo Nicole 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
$245,471
Outstanding Balance
$215,829
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$174,071
Purchase Details
Closed on
Jul 18, 2014
Sold by
Wiedemann William
Bought by
Wiedemann William
Purchase Details
Closed on
Mar 28, 2002
Sold by
Coplen Duane E
Bought by
Wiedmann William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.85%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Russo Joseph A | $250,000 | Attorney | |
| Wiedemann William | -- | -- | |
| Wiedmann William | $123,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Russo Joseph A | $245,471 | |
| Previous Owner | Wiedmann William | $64,000 |
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 | $3,158 | $335,500 | $134,000 | $201,500 |
| 2024 | $3,158 | $325,600 | $119,000 | $206,600 |
| 2023 | $3,134 | $316,600 | $110,000 | $206,600 |
| 2022 | $2,902 | $293,100 | $94,000 | $199,100 |
| 2021 | $2,561 | $258,700 | $80,000 | $178,700 |
| 2020 | $2,505 | $246,200 | $76,000 | $170,200 |
| 2019 | $2,382 | $221,800 | $70,000 | $151,800 |
| 2018 | $2,224 | $221,800 | $70,000 | $151,800 |
| 2017 | $2,212 | $220,600 | $70,000 | $150,600 |
| 2016 | $2,047 | $206,800 | $65,000 | $141,800 |
| 2015 | $1,985 | $200,500 | $65,000 | $135,500 |
| 2014 | $1,846 | $197,600 | $80,000 | $117,600 |
Source: Public Records
Map
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