NOT LISTED FOR SALE

1857 Summerhedge Close Virginia Beach, VA 23456

Salem Neighborhood

Estimated Value: $528,403 - $562,000

4 Beds
3 Baths
2,159 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 1857 Summerhedge Close, Virginia Beach, VA 23456 and is currently estimated at $541,101, approximately $250 per square foot. 1857 Summerhedge Close 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
May 24, 2024
Sold by
King Peter M and King Kara T
Bought by
Silo Stephen and Silo Janet
Current Estimated Value
$541,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,300
Outstanding Balance
$462,990
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$78,111

Purchase Details

Closed on
Jun 24, 2021
Sold by
Cochran Trevor L and Cochran Amy R
Bought by
King Peter M and King Kara T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,769
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Aug 20, 2018
Sold by
Lee Trenton W and Lee Stephanie A
Bought by
Cochran Trevor L and Cochran Amy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,494
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 23, 2009
Sold by
Russell Brian E
Bought by
Lee Trenton W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2005
Sold by
Maggiore Joseph C
Bought by
Russell Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Silo Stephen $500,000 Old Republic National Title
King Peter M $467,000 Accommodation
Cochran Trevor L $318,000 Attorney
Lee Trenton W $305,000 --
Russell Brian E $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silo Stephen $469,300
Previous Owner King Peter M $236,769
Previous Owner Cochran Trevor L $328,494
Previous Owner Lee Trenton W $299,475
Previous Owner Russell Brian E $260,000
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 $4,727 $516,500 $170,000 $346,500
2024 $4,727 $487,300 $170,000 $317,300
2023 $5,159 $521,100 $150,000 $371,100
2022 $4,345 $438,900 $132,300 $306,600
2021 $3,326 $336,000 $115,000 $221,000
2020 $3,106 $305,300 $115,000 $190,300
2019 $3,069 $293,000 $115,000 $178,000
2018 $2,937 $293,000 $115,000 $178,000
2017 $2,893 $288,600 $115,000 $173,600
2016 $2,770 $279,800 $115,000 $164,800
2015 $2,827 $285,600 $115,500 $170,100
2014 $2,566 $277,300 $121,000 $156,300
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23456 Salem

1857 Summerhedge Close, Virginia Beach, VA

Not Listed for Sale

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