NOT LISTED FOR SALE

2040 Thomas Bishop Ln Virginia Beach, VA 23454

Great Neck Neighborhood

Estimated Value: $1,326,000 - $1,401,000

5 Beds
5 Baths
4,457 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 2040 Thomas Bishop Ln, Virginia Beach, VA 23454 and is currently estimated at $1,349,981, approximately $302 per square foot. 2040 Thomas Bishop Ln is a home located in Virginia Beach City with nearby schools including John B. Dey Elementary School, Great Neck Middle School, and Frank W. Cox High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Timothy And Tiffany Callahan Living Trus and Callahan Timothy P
Bought by
Timothy And Tiffany Callahan Living Trust and Callahan
Current Estimated Value
$1,349,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,000
Outstanding Balance
$470,021
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$879,960

Purchase Details

Closed on
Jan 24, 2020
Sold by
Wexel Walter K and Wexel Brenda J
Bought by
Timothy And Tiffany Callahan Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,422
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Timothy And Tiffany Callahan Living Trust -- None Listed On Document
Timothy And Tiffany Callahan Living Trus $790,000 Priority Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timothy And Tiffany Callahan Living Trust $586,000
Previous Owner Timothy And Tiffany Callahan Living Trus $706,422
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 $9,577 $1,091,200 $385,000 $706,200
2024 $9,577 $987,300 $385,000 $602,300
2023 $9,044 $913,500 $325,000 $588,500
2022 $8,298 $838,200 $310,000 $528,200
2021 $7,737 $781,500 $295,000 $486,500
2020 $6,801 $668,400 $294,800 $373,600
2019 $6,582 $630,300 $294,800 $335,500
2018 $6,319 $630,300 $294,800 $335,500
2017 $6,402 $638,600 $294,800 $343,800
2016 $6,288 $635,200 $294,800 $340,400
2015 $6,329 $639,300 $294,800 $344,500
2014 $6,126 $656,100 $310,300 $345,800
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Great Neck

2040 Thomas Bishop Ln, Virginia Beach, VA

This home is located at 2040 Thomas Bishop Ln, Virginia Beach, VA 23454 and is currently estimated at $1,349,981, approximately $302 per square foot. 2040 Thomas Bishop Ln is a home located in Virginia Beach City with nearby schools including John B. Dey Elementary School, Great Neck Middle School, and Frank W. Cox High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes