1616 Fairfax Dr Virginia Beach, VA 23453
Green Run NeighborhoodEstimated Value: $228,000 - $252,000
3
Beds
2
Baths
1,120
Sq Ft
$214/Sq Ft
Est. Value
About This Home
This home is located at 1616 Fairfax Dr, Virginia Beach, VA 23453 and is currently estimated at $239,310, approximately $213 per square foot. 1616 Fairfax Dr is a home located in Virginia Beach City with nearby schools including Parkway Elementary School, Landstown Middle School, and Landstown High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 8, 2021
Sold by
Velasquez Martin R
Bought by
Velasquez Martin R and Velasquez Yolanda
Current Estimated Value
Purchase Details
Closed on
Oct 16, 2003
Sold by
Lefevra Roberta L
Bought by
Borgonia Mario R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,887
Interest Rate
6.43%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velasquez Martin R | -- | None Available | |
| Borgonia Mario R | $72,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Borgonia Mario R | $70,887 |
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 | $1,845 | $206,000 | $75,000 | $131,000 |
| 2024 | $1,845 | $190,200 | $67,000 | $123,200 |
| 2023 | $1,665 | $168,200 | $60,000 | $108,200 |
| 2022 | $1,560 | $157,600 | $55,000 | $102,600 |
| 2021 | $1,390 | $140,400 | $48,000 | $92,400 |
| 2020 | $1,371 | $134,700 | $46,000 | $88,700 |
| 2019 | $1,291 | $124,400 | $44,000 | $80,400 |
| 2018 | $1,247 | $124,400 | $44,000 | $80,400 |
| 2017 | $1,182 | $117,900 | $40,000 | $77,900 |
| 2016 | $1,118 | $112,900 | $39,200 | $73,700 |
| 2015 | $1,092 | $110,300 | $39,200 | $71,100 |
| 2014 | -- | $104,500 | $39,200 | $65,300 |
Source: Public Records
Map
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