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
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
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 |
---|---|---|---|
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
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
Map
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