NOT LISTED FOR SALE

1408 Palmer St Virginia Beach, VA 23456

Estimated Value: $507,000 - $516,000

4 Beds
3 Baths
2,033 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 1408 Palmer St, Virginia Beach, VA 23456 and is currently estimated at $509,971, approximately $250 per square foot. 1408 Palmer St is a home located in Virginia Beach City with nearby schools including Rosemont Forest Elementary School, Salem Middle School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Collins Adam S and Collins Kimberly M
Bought by
Cummings Matthew W and Cummings Danielle N
Current Estimated Value
$522,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Outstanding Balance
$381,011
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$128,960

Purchase Details

Closed on
Nov 30, 2017
Sold by
Stimphil Patrick and Stimphil Kimberly
Bought by
Collins Adam S and Collins Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2014
Sold by
Herold Pamela C
Bought by
Herold Pamela C and Herold Gregory P

Purchase Details

Closed on
Jun 19, 2008
Sold by
Herold Gregory Paul
Bought by
Stimphil Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,702
Interest Rate
6.01%
Mortgage Type
VA
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
Cummings Matthew W $445,000 Virginia Home Title
Collins Adam S $315,000 Attorney
Herold Pamela C -- --
Stimphil Patrick $294,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings Matthew W $400,500
Previous Owner Collins Adam S $299,250
Previous Owner Stimphil Patrick $303,702
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 $4,199 $457,200 $170,000 $287,200
2024 $4,199 $432,900 $163,000 $269,900
2023 $4,250 $429,300 $155,300 $274,000
2022 $3,415 $344,900 $135,000 $209,900
2021 $2,997 $302,700 $123,000 $179,700
2020 $2,977 $292,600 $115,000 $177,600
2019 $2,930 $279,900 $111,000 $168,900
2018 $2,806 $279,900 $111,000 $168,900
2017 $2,728 $272,100 $109,000 $163,100
2016 $2,533 $255,900 $97,500 $158,400
2015 $2,495 $252,000 $106,300 $145,700
2014 -- $245,700 $116,300 $129,400
Source: Public Records

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