NOT LISTED FOR SALE

1308 Faraid Ln Virginia Beach, VA 23464

Estimated Value: $311,000 - $322,000

3 Beds
2 Baths
1,088 Sq Ft
$291/Sq Ft Est. Value

About This Home

This home is located at 1308 Faraid Ln, Virginia Beach, VA 23464 and is currently estimated at $316,942, approximately $291 per square foot. 1308 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 17, 2024
Sold by
Douglas Jerry M and Douglas Angela L
Bought by
Velazquez Johnadab J
Current Estimated Value
$316,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,150
Outstanding Balance
$5,299
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$311,643

Purchase Details

Closed on
Sep 8, 2003
Sold by
Impervento Debbi
Bought by
Nelson Cory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2001
Sold by
Sec Veterans Affairs
Bought by
Impervento Debbi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,650
Interest Rate
6.93%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Nectar Projects Inc
Bought by
Sec Of Vet Affairs

Purchase Details

Closed on
Mar 31, 1999
Sold by
Hutchins James A
Bought by
Glover Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
6.78%
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
Velazquez Johnadab J $290,000 First American Title
Nelson Cory $120,000 --
Impervento Debbi $93,200 --
Sec Of Vet Affairs $77,996 --
Glover Lisa M $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Johnadab J $10,150
Open Velazquez Johnadab J $284,747
Previous Owner Nelson Cory $96,000
Previous Owner Impervento Debbi $91,650
Previous Owner Glover Lisa M $89,250
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 $2,445 $262,400 $134,000 $128,400
2024 $2,445 $252,100 $119,000 $133,100
2023 $2,407 $243,100 $110,000 $133,100
2022 $2,170 $219,200 $94,000 $125,200
2021 $1,905 $192,400 $80,000 $112,400
2020 $1,866 $183,400 $76,000 $107,400
2019 $1,851 $176,300 $70,000 $106,300
2018 $1,767 $176,300 $70,000 $106,300
2017 $1,758 $175,400 $70,000 $105,400
2016 $1,602 $161,800 $65,000 $96,800
2015 $1,583 $159,900 $65,000 $94,900
2014 $1,521 $162,000 $80,000 $82,000
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23464

1308 Faraid Ln, Virginia Beach, VA

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