NOT LISTED FOR SALE

1520 Picasso Ct Virginia Beach, VA 23456

Salem Neighborhood

Estimated Value: $539,000 - $558,000

4 Beds
3 Baths
2,400 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 1520 Picasso Ct, Virginia Beach, VA 23456 and is currently estimated at $547,337, approximately $228 per square foot. 1520 Picasso Ct 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 25, 2024
Sold by
Scobie Jason
Bought by
Heise Jacob L and Bianco Michelle L
Current Estimated Value
$547,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$468,845
Interest Rate
6.94%
Mortgage Type
VA
Estimated Equity
$78,492

Purchase Details

Closed on
Feb 14, 2013
Sold by
Us Bank Na As Trustee
Bought by
Scobie Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,068
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2012
Sold by
Prfsnl Foreclosure Corp Va Tr and Lozano Mario
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 29, 2005
Sold by
Shertzer Stephen
Bought by
Lozano Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1998
Sold by
Mckinney John H
Bought by
Shertzer Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,700
Interest Rate
6.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Heise Jacob L $525,000 Fidelity National Title
Scobie Jason $251,150 --
Us Bank National Association $256,140 --
Lozano Mario $330,000 --
Shertzer Stephen E $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heise Jacob L $475,000
Previous Owner Scobie Jason $290,068
Previous Owner Lozano Mario $313,500
Previous Owner Shertzer Stephen E $138,700
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 $4,253 $508,800 $175,100 $333,700
2024 $4,253 $438,500 $167,900 $270,600
2023 $4,312 $435,600 $160,000 $275,600
2022 $3,885 $392,400 $139,100 $253,300
2021 $3,402 $343,600 $126,700 $216,900
2020 $3,330 $327,300 $118,500 $208,800
2019 $3,331 $312,900 $114,300 $198,600
2018 $3,137 $312,900 $114,300 $198,600
2017 $3,079 $307,100 $112,300 $194,800
2016 $2,961 $299,100 $105,300 $193,800
2015 $2,902 $293,100 $114,800 $178,300
2014 $2,524 $287,900 $125,600 $162,300
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23456 Salem

1520 Picasso Ct, Virginia Beach, VA

Not Listed for Sale

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