NOT LISTED FOR SALE

Estimated Value: $275,000 - $349,000

3 Beds
1 Bath
1,376 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 3205 Corvette Ct, Virginia Beach, VA 23452 and is currently estimated at $306,170, approximately $222 per square foot. 3205 Corvette Ct is a home located in Virginia Beach City with nearby schools including Lynnhaven Elementary School, Plaza Middle School, and Green Run High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Mullins Larry Dean
Bought by
Merritt Reginald and Merritt Karen E
Current Estimated Value
$306,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,750
Outstanding Balance
$233,057
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$73,113

Purchase Details

Closed on
Mar 28, 2019
Sold by
Cova Property Group Llc
Bought by
Mullins Larry Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,197
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Dec 20, 2018
Sold by
Hoyt Jason A and Hoyt Crystal C
Bought by
Cova Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2003
Sold by
Gorman Timothy
Bought by
Murakoshi Taeko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
5.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2003
Sold by
Sink Larry
Bought by
Gorman Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.88%
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.

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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

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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
Merritt Reginald $250,000 Fidelity National Ttl Ins Co
Mullins Larry Dean $199,900 Attorney
Cova Property Group Llc $145,000 True North Title
Murakoshi Taeko $113,000 --
Gorman Timothy $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merritt Reginald $255,750
Previous Owner Mullins Larry Dean $209,542
Previous Owner Mullins Larry Dean $204,197
Previous Owner Cova Property Group Llc $163,800
Previous Owner Murakoshi Taeko $113,000
Previous Owner Gorman Timothy $58,500
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 $2,433 $250,800 $115,000 $135,800
2023 $2,397 $242,100 $111,000 $131,100
2022 $2,245 $226,800 $111,000 $115,800
2021 $1,892 $191,100 $88,000 $103,100
2020 $1,882 $185,000 $80,000 $105,000
2019 $1,725 $162,400 $80,000 $82,400
2018 $1,628 $162,400 $80,000 $82,400
2017 $1,553 $154,900 $72,500 $82,400
2016 $1,534 $154,900 $72,500 $82,400
2015 $1,512 $152,700 $78,800 $73,900
2014 $1,484 $150,700 $84,000 $66,700
Source: Public Records

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