NOT LISTED FOR SALE

1316 Faraid Ln Virginia Beach, VA 23464

Estimated Value: $358,000 - $370,000

3 Beds
2 Baths
1,469 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 1316 Faraid Ln, Virginia Beach, VA 23464 and is currently estimated at $364,238, approximately $247 per square foot. 1316 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
Oct 8, 2019
Sold by
Morcom Joshua R
Bought by
Holt John
Current Estimated Value
$364,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,052
Outstanding Balance
$211,223
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$153,015

Purchase Details

Closed on
Sep 17, 2012
Sold by
Davis Roy L
Bought by
Morcom Joshua R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,977
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
Jan 4, 2008
Sold by
Dalrymple James P
Bought by
Davis Roy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,100
Interest Rate
6.27%
Mortgage Type
VA

Purchase Details

Closed on
Sep 30, 2004
Sold by
Sentiff Kenneth J
Bought by
Dalrymple James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1999
Sold by
Fraley Kevin E
Bought by
Sentiff Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.68%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Holt John $235,000 Attorney
Morcom Joshua R $185,000 --
Davis Roy L $246,000 --
Dalrymple James P $175,000 --
Sentiff Kenneth J $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt John $240,052
Previous Owner Morcom Joshua R $188,977
Previous Owner Davis Roy L $254,100
Previous Owner Dalrymple James P $140,000
Previous Owner Sentiff Kenneth J $104,000
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
2024 $3,082 $317,700 $119,000 $198,700
2023 $3,101 $313,200 $110,000 $203,200
2022 $2,823 $285,200 $94,000 $191,200
2021 $2,491 $251,600 $80,000 $171,600
2020 $2,451 $240,900 $76,000 $164,900
2019 $2,166 $202,200 $70,000 $132,200
2018 $2,027 $202,200 $70,000 $132,200
2017 $2,016 $201,100 $70,000 $131,100
2016 $1,866 $188,500 $65,000 $123,500
2015 $1,812 $183,000 $65,000 $118,000
2014 $1,700 $181,600 $80,000 $101,600
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23464

1316 Faraid Ln, Virginia Beach, VA

This home is located at 1316 Faraid Ln, Virginia Beach, VA 23464 and is currently estimated at $364,238, approximately $247 per square foot. 1316 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.

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.

Nearby Homes