NOT LISTED FOR SALE

2540 Bayview Ave Virginia Beach, VA 23455

Chic's Beach Neighborhood

Estimated Value: $1,105,909 - $1,170,000

3 Beds
4 Baths
2,805 Sq Ft
$402/Sq Ft Est. Value

About This Home

This home is located at 2540 Bayview Ave, Virginia Beach, VA 23455 and is currently estimated at $1,128,636, approximately $402 per square foot. 2540 Bayview Ave is a home located in Virginia Beach City with nearby schools including Hermitage Elementary School, Great Neck Middle School, and Frank W. Cox High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2005
Sold by
Platinum Homes L L C
Bought by
Murthy Papaiah
Current Estimated Value
$1,130,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$99,638
Interest Rate
5.73%
Mortgage Type
New Conventional
Estimated Equity
$1,011,255
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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.

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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
Murthy Papaiah $930,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murthy Papaiah $180,000
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
2024 $10,194 $1,050,900 $630,000 $420,900
2023 $9,886 $998,600 $600,000 $398,600
2022 $9,072 $916,400 $581,600 $334,800
2021 $7,690 $776,800 $445,200 $331,600
2020 $8,025 $788,700 $446,000 $342,700
2019 $8,165 $790,100 $446,000 $344,100
2018 $7,921 $790,100 $446,000 $344,100
2017 $7,764 $774,500 $437,100 $337,400
2016 $7,570 $764,600 $437,100 $327,500
2015 $7,476 $755,200 $434,500 $320,700
2014 $6,324 $740,700 $434,500 $306,200
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23455 Chic's Beach

2540 Bayview Ave, Virginia Beach, VA

This home is located at 2540 Bayview Ave, Virginia Beach, VA 23455 and is currently estimated at $1,128,636, approximately $402 per square foot. 2540 Bayview Ave is a home located in Virginia Beach City with nearby schools including Hermitage Elementary School, Great Neck Middle School, and Frank W. Cox High School.

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