2316 Tierra Monte Arch Virginia Beach, VA 23456
Virginia Beach Central NeighborhoodEstimated Value: $1,096,000 - $1,171,000
6
Beds
4
Baths
4,519
Sq Ft
$251/Sq Ft
Est. Value
About This Home
This home is located at 2316 Tierra Monte Arch, Virginia Beach, VA 23456 and is currently estimated at $1,135,558, approximately $251 per square foot. 2316 Tierra Monte Arch is a home located in Virginia Beach City with nearby schools including Red Mill Elementary School, Princess Anne Middle School, and Ocean Lakes High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 1, 2017
Sold by
Brown Troy A and Brown Debroah L
Bought by
Kraft John Brian and Kraft Mary Elizabeth Lafferty
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
$525,000
Outstanding Balance
$436,691
Interest Rate
4.02%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$698,867
Purchase Details
Closed on
Oct 26, 2006
Sold by
Kres Homes L L C
Bought by
Brown Troy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2005
Sold by
Gwaltney Building Corp
Bought by
Kres Homes Llc
Purchase Details
Closed on
Dec 9, 2003
Sold by
Lago Mar Assocs Llc
Bought by
Gwaltney Building Corp
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 |
---|---|---|---|
Kraft John Brian | $700,000 | Attorney | |
Brown Troy A | $775,000 | -- | |
Kres Homes Llc | $275,000 | -- | |
Gwaltney Building Corp | $158,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Kraft John Brian | $525,000 | |
Previous Owner | Brown Troy A | $575,000 |
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 | -- | $1,046,800 | $350,000 | $696,800 |
2024 | $9,254 | $934,700 | $325,000 | $609,700 |
2023 | $8,695 | $878,300 | $300,000 | $578,300 |
2022 | $7,347 | $742,100 | $225,000 | $517,100 |
2021 | $7,203 | $727,600 | $194,000 | $533,600 |
2020 | $7,403 | $727,600 | $194,000 | $533,600 |
2019 | $7,017 | $656,300 | $174,000 | $482,300 |
2018 | $6,579 | $656,300 | $174,000 | $482,300 |
2017 | $6,448 | $643,200 | $156,000 | $487,200 |
2016 | $5,806 | $586,500 | $182,000 | $404,500 |
2015 | $6,404 | $646,900 | $182,000 | $464,900 |
2014 | $5,712 | $583,000 | $180,000 | $403,000 |
Source: Public Records
Map
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