1516 Independence Blvd Virginia Beach, VA 23455
Thoroughgood NeighborhoodEstimated Value: $341,000 - $363,000
3
Beds
2
Baths
1,120
Sq Ft
$313/Sq Ft
Est. Value
About This Home
This home is located at 1516 Independence Blvd, Virginia Beach, VA 23455 and is currently estimated at $351,026, approximately $313 per square foot. 1516 Independence Blvd is a home located in Virginia Beach City with nearby schools including Thoroughgood Elementary School, Independence Middle School, and Princess Anne High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 13, 2012
Sold by
Duncan Franklin R
Bought by
Mcneal Mitchell E
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
$132,000
Outstanding Balance
$92,955
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$251,537
Purchase Details
Closed on
Apr 20, 2005
Sold by
Eberts Raymond R
Bought by
Duncan Franklin R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
6.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 25, 1998
Sold by
Shore Ventures Assoc L L
Bought by
Eberts Raymond R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,550
Interest Rate
6.83%
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 |
---|---|---|---|
Mcneal Mitchell E | $165,000 | -- | |
Duncan Franklin R | $206,000 | -- | |
Eberts Raymond R | $89,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Mcneal Mitchell E | $132,000 | |
Previous Owner | Duncan Franklin R | $161,600 | |
Previous Owner | Eberts Raymond R | $92,550 |
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 |
---|---|---|---|---|
2024 | $2,618 | $269,900 | $126,100 | $143,800 |
2023 | $2,432 | $245,700 | $106,700 | $139,000 |
2022 | $2,301 | $232,400 | $98,000 | $134,400 |
2021 | $2,202 | $222,400 | $98,000 | $124,400 |
2020 | $2,152 | $211,500 | $98,000 | $113,500 |
2019 | $2,108 | $198,600 | $90,200 | $108,400 |
2018 | $1,991 | $198,600 | $90,200 | $108,400 |
2017 | $1,996 | $199,100 | $89,200 | $109,900 |
2016 | $1,876 | $189,500 | $89,200 | $100,300 |
2015 | $1,830 | $184,800 | $89,200 | $95,600 |
2014 | $1,634 | $184,700 | $102,800 | $81,900 |
Source: Public Records
Map
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