NOT LISTED FOR SALE

1940 Terramar Ln Virginia Beach, VA 23456

Virginia Beach Central Neighborhood

Estimated Value: $836,758 - $894,000

4 Beds
3 Baths
2,936 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 1940 Terramar Ln, Virginia Beach, VA 23456 and is currently estimated at $866,440, approximately $295 per square foot. 1940 Terramar Ln is a home located in Virginia Beach City with nearby schools including Princess Anne Elementary School, Princess Anne Middle School, and Floyd E. Kellam High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2019
Sold by
Eagle Construction Of Va Llc
Bought by
Carmelitano James J and Carmelitano Jane M
Current Estimated Value
$866,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Outstanding Balance
$435,190
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$402,109
Source: Public Records

Range of Values:

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
Carmelitano James J $607,994 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmelitano James J $280,000
Closed Carmelitano James J $62,000
Open Carmelitano James J $484,350
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
2024 $7,492 $772,400 $225,000 $547,400
2023 $6,803 $687,200 $180,000 $507,200
2022 $5,962 $602,200 $155,000 $447,200
2021 $5,358 $541,200 $141,000 $400,200
2020 $5,032 $494,500 $109,000 $385,500
2019 $1,109 $109,000 $109,000 $0
2018 $1,093 $109,000 $109,000 $0
2017 $1,093 $109,000 $109,000 $0
2016 $990 $100,000 $100,000 $0
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23456 Virginia Beach Central

1940 Terramar Ln, Virginia Beach, VA

This home is located at 1940 Terramar Ln, Virginia Beach, VA 23456 and is currently estimated at $866,440, approximately $295 per square foot. 1940 Terramar Ln is a home located in Virginia Beach City with nearby schools including Princess Anne Elementary School, Princess Anne Middle School, and Floyd E. Kellam High School.

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