NOT LISTED FOR SALE

3948 Rainbow Dr Virginia Beach, VA 23456

Landstown Neighborhood

Estimated Value: $326,000 - $330,990

3 Beds
2 Baths
1,252 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 3948 Rainbow Dr, Virginia Beach, VA 23456 and is currently estimated at $327,998, approximately $261 per square foot. 3948 Rainbow Dr is a home located in Virginia Beach City with nearby schools including Salem Elementary School, Landstown Middle School, and Landstown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2007
Sold by
Elliot Joseph
Bought by
Kemmerer Adam
Current Estimated Value
$327,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,601
Outstanding Balance
$139,323
Interest Rate
6.7%
Mortgage Type
VA
Estimated Equity
$188,675

Purchase Details

Closed on
Aug 10, 2005
Sold by
Ellis Christine M
Bought by
Elliott Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2002
Sold by
Miles Denton G
Bought by
Ellis Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,980
Interest Rate
7.04%
Mortgage Type
VA
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

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
Kemmerer Adam $214,000 --
Elliott Joseph $156,000 --
Ellis Christine M $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemmerer Adam $218,601
Previous Owner Elliott Joseph $140,400
Previous Owner Ellis Christine M $100,980
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 $2,578 $269,700 $115,000 $154,700
2024 $2,578 $265,800 $115,000 $150,800
2023 $2,482 $250,700 $110,000 $140,700
2022 $2,100 $212,100 $90,300 $121,800
2021 $1,902 $192,100 $79,000 $113,100
2020 $1,860 $182,800 $74,000 $108,800
2019 $1,892 $178,900 $72,000 $106,900
2018 $1,793 $178,900 $72,000 $106,900
2017 $1,689 $168,500 $61,600 $106,900
2016 $1,649 $166,600 $61,600 $105,000
2015 $1,644 $166,100 $61,600 $104,500
2014 $1,553 $167,000 $73,900 $93,100
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23456 Landstown

3948 Rainbow Dr, Virginia Beach, VA

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