NOT LISTED FOR SALE

3612 Kim Terrace Virginia Beach, VA 23452

Little Neck Neighborhood

Estimated Value: $315,000 - $417,000

3 Beds
3 Baths
1,124 Sq Ft
$323/Sq Ft Est. Value

About This Home

This home is located at 3612 Kim Terrace, Virginia Beach, VA 23452 and is currently estimated at $363,313, approximately $323 per square foot. 3612 Kim Terrace is a home located in Virginia Beach City with nearby schools including Malibu Elementary School, Independence Middle School, and Princess Anne High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2022
Sold by
Cummings Heather L
Bought by
Garrett Mark R
Current Estimated Value
$363,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$306,646
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$27,682

Purchase Details

Closed on
Jul 24, 2015
Sold by
Armstrong Virginia M
Bought by
Cummings Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2009
Sold by
Ussery Ashley Renee
Bought by
Armstrong Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,442
Interest Rate
4.86%
Mortgage Type
FHA
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

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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
Garrett Mark R $320,000 Chicago Title
Cummings Heather L $190,000 --
Armstrong Virginia M $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrett Mark R $320,000
Previous Owner Cummings Heather L $177,000
Previous Owner Cummings Heather L $186,558
Previous Owner Armstrong Virginia M $191,442
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 $3,138 $323,500 $125,000 $198,500
2023 $2,900 $292,900 $116,000 $176,900
2022 $2,299 $232,200 $105,000 $127,200
2021 $1,932 $195,200 $92,000 $103,200
2020 $2,042 $200,700 $92,000 $108,700
2019 $1,998 $191,000 $90,000 $101,000
2018 $1,915 $191,000 $90,000 $101,000
2017 $1,915 $191,000 $90,000 $101,000
2016 $1,822 $184,000 $90,000 $94,000
2015 $1,776 $179,400 $90,000 $89,400
2014 $1,664 $182,100 $106,800 $75,300
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23452 Little Neck

3612 Kim Terrace, Virginia Beach, VA

This home is located at 3612 Kim Terrace, Virginia Beach, VA 23452 and is currently estimated at $363,313, approximately $323 per square foot. 3612 Kim Terrace is a home located in Virginia Beach City with nearby schools including Malibu Elementary School, Independence Middle School, and Princess Anne High School.

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