1940 Spain Ln Virginia Beach, VA 23464
Estimated Value: $615,000 - $664,000
6
Beds
3
Baths
3,130
Sq Ft
$202/Sq Ft
Est. Value
About This Home
This home is located at 1940 Spain Ln, Virginia Beach, VA 23464 and is currently estimated at $631,759, approximately $201 per square foot. 1940 Spain Ln is a home located in Virginia Beach City with nearby schools including Centerville Elementary, Brandon Middle School, and Tallwood High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 19, 2022
Sold by
Secretary Of Veterans Affairs
Bought by
Woldeyohanis Behailu and Tadege Wubit
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
$497,303
Outstanding Balance
$473,746
Interest Rate
4.72%
Mortgage Type
FHA
Estimated Equity
$146,775
Purchase Details
Closed on
Jul 25, 2019
Sold by
Equity Trustees Llc
Bought by
Secretary Of Veterans Affairs
Purchase Details
Closed on
Feb 18, 2015
Sold by
Melton Michael P
Bought by
Meier Noah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,096
Interest Rate
3.67%
Mortgage Type
VA
Purchase Details
Closed on
Jun 11, 2008
Sold by
Mcq Builders Llc 1
Bought by
Melton Michael P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,746
Interest Rate
6.07%
Mortgage Type
FHA
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 |
---|---|---|---|
Woldeyohanis Behailu | $522,000 | Hanger Law | |
Secretary Of Veterans Affairs | $355,531 | None Available | |
Meier Noah | $399,900 | -- | |
Melton Michael P | $415,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Woldeyohanis Behailu | $497,303 | |
Previous Owner | Meier Noah | $413,096 | |
Previous Owner | Melton Michael | $417,405 | |
Previous Owner | Melton Michael P | $411,746 |
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 | $5,136 | $529,500 | $150,000 | $379,500 |
2023 | $5,254 | $530,700 | $145,000 | $385,700 |
2022 | $4,708 | $475,600 | $145,000 | $330,600 |
2021 | $4,288 | $433,100 | $122,000 | $311,100 |
2020 | $4,172 | $410,000 | $122,000 | $288,000 |
2019 | $4,031 | $399,200 | $125,000 | $274,200 |
2018 | $4,002 | $399,200 | $125,000 | $274,200 |
2017 | $3,911 | $390,100 | $125,000 | $265,100 |
2016 | $3,771 | $380,900 | $125,000 | $255,900 |
2015 | $3,771 | $380,900 | $125,000 | $255,900 |
2014 | $3,488 | $375,100 | $117,300 | $257,800 |
Source: Public Records
Map
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