16488 Preston Ln Onancock, VA 23417
Estimated Value: $401,000 - $883,588
3
Beds
6
Baths
3,000
Sq Ft
$240/Sq Ft
Est. Value
About This Home
This home is located at 16488 Preston Ln, Onancock, VA 23417 and is currently estimated at $720,196, approximately $240 per square foot. 16488 Preston Ln is a home located in Accomack County with nearby schools including Accawmacke Elementary School, Nandua Middle School, and Nandua High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 19, 2023
Sold by
Guvernator Christian
Bought by
Smith Blair B
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
$160,000
Outstanding Balance
$157,139
Interest Rate
7.62%
Mortgage Type
Construction
Estimated Equity
$563,057
Purchase Details
Closed on
Jan 17, 2017
Sold by
Custis John P and Custis Abigail G
Bought by
Guvernator Christian G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.13%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Smith Blair B | $1,050,000 | -- | |
| Guvernator Christian G | $799,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Blair B | $160,000 | |
| Previous Owner | Guvernator Christian G | $340,000 |
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 | $3,671 | $687,500 | $246,000 | $441,500 |
| 2024 | $3,328 | $687,500 | $246,000 | $441,500 |
| 2023 | $3,572 | $600,300 | $246,000 | $354,300 |
| 2022 | $3,572 | $600,300 | $246,000 | $354,300 |
| 2021 | $3,636 | $596,100 | $246,000 | $350,100 |
| 2020 | $3,636 | $596,100 | $246,000 | $350,100 |
| 2019 | $693 | $571,200 | $246,000 | $325,200 |
| 2018 | $3,484 | $571,200 | $246,000 | $325,200 |
| 2017 | $3,045 | $499,100 | $246,000 | $253,100 |
| 2016 | $3,102 | $508,500 | $255,400 | $253,100 |
| 2015 | $3,128 | $539,300 | $279,400 | $259,900 |
| 2014 | $3,128 | $539,300 | $279,400 | $259,900 |
| 2013 | -- | $436,300 | $282,500 | $153,800 |
Source: Public Records
Map
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