NOT LISTED FOR SALE

1516 Drumheller Dr Virginia Beach, VA 23464

Estimated Value: $527,000 - $583,000

4 Beds
3 Baths
2,327 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 1516 Drumheller Dr, Virginia Beach, VA 23464 and is currently estimated at $554,343, approximately $238 per square foot. 1516 Drumheller Dr is a home located in Virginia Beach City with nearby schools including Glenwood Elementary School, Salem Middle School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Michael Paladino Iii Joseph and Michael Stefanie G
Bought by
Smith Scott W and Smith Maribel B
Current Estimated Value
$554,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$313,200
Interest Rate
5.51%
Mortgage Type
VA
Estimated Equity
$247,072

Purchase Details

Closed on
Nov 5, 2019
Sold by
Grube Sean D and Grube Kristin L
Bought by
Paladino Joseph Michael and Paladino Stephanie Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,508
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Aug 3, 2016
Sold by
Wildes Laurence A
Bought by
Grube Sean D and Dewes Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,117
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
Mar 25, 2016
Sold by
Jpmorgan Chase Bank National Association
Bought by
Wildes Laurence A

Purchase Details

Closed on
Jan 21, 2016
Sold by
Equity Trustees Llc A Virginia Limited L and Green Ella G
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 9, 2013
Sold by
Pandell Builders Inc
Bought by
Green Ella G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,836
Interest Rate
4.62%
Mortgage Type
FHA
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

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First American

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Quantarium

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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
Smith Scott W $505,000 Chicago Title
Paladino Joseph Michael $372,500 Attorney
Grube Sean D $329,900 Attorney
Wildes Laurence A $243,000 Advance Title & Abstract Inc
Jpmorgan Chase Bank National Association $297,540 None Available
Green Ella G $323,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Scott W $325,000
Previous Owner Paladino Joseph Michael $385,215
Previous Owner Paladino Joseph Michael $380,508
Previous Owner Grube Sean D $336,117
Previous Owner Green Ella G $317,836
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 $4,532 $467,200 $169,000 $298,200
2023 $4,572 $461,800 $145,000 $316,800
2022 $4,131 $417,300 $126,500 $290,800
2021 $3,451 $348,600 $115,000 $233,600
2020 $3,472 $341,200 $115,000 $226,200
2019 $3,423 $319,900 $110,000 $209,900
2018 $3,207 $319,900 $110,000 $209,900
2017 $3,207 $319,900 $110,000 $209,900
2016 $3,167 $319,900 $110,000 $209,900
2015 $2,896 $292,500 $108,000 $184,500
2014 $977 $295,800 $105,000 $190,800
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23456

1516 Drumheller Dr, Virginia Beach, VA

This home is located at 1516 Drumheller Dr, Virginia Beach, VA 23464 and is currently estimated at $554,343, approximately $238 per square foot. 1516 Drumheller Dr is a home located in Virginia Beach City with nearby schools including Glenwood 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.

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