NOT LISTED FOR SALE

Estimated Value: $204,000 - $253,446

2 Beds
3 Baths
1,359 Sq Ft
$172/Sq Ft Est. Value

About This Home

This home is located at 4000 Salem Terrace, Virginia Beach, VA 23456 and is currently estimated at $234,362, approximately $172 per square foot. 4000 Salem Terrace 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
May 19, 2023
Sold by
Lichtenberger Mary May C
Bought by
Garcez Michael
Current Estimated Value
$234,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,943
Outstanding Balance
$174,246
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$60,116

Purchase Details

Closed on
Apr 29, 2021
Sold by
Russo Thomas
Bought by
Lichtenberger Mary May C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,375
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2019
Sold by
Hardy Natasha Denise
Bought by
Russo Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,917
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Aug 2, 2012
Sold by
Secretary Of Veterans Affairs
Bought by
Hardy Natasha Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,694
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2011
Sold by
Equity Ttrustees Llc Sub Tr and Lee David E
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Apr 27, 2009
Sold by
Mortgage Laon Svrs Inc
Bought by
Lee David Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.86%
Mortgage Type
VA

Purchase Details

Closed on
Feb 18, 2009
Sold by
Kathleen C Traynor Tr
Bought by
Traynor Tr Kathleen C

Purchase Details

Closed on
Apr 4, 2007
Sold by
Dix Lottie P
Bought by
Hosseinipoor Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.25%
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

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First American

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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
Garcez Michael $198,825 Priority Title & Escrow
Lichtenberger Mary May C $172,500 Fidelity National Ttl Ins Co
Russo Thomas $149,000 Title Alliance Greenbrier
Hardy Natasha Denise $86,900 --
Secretary Of Veterans Affairs $75,792 --
Lee David Edward $140,000 --
Traynor Tr Kathleen C $125,000 --
Hosseinipoor Gary $169,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcez Michael $178,943
Previous Owner Lichtenberger Mary May C $169,375
Previous Owner Russo Thomas $153,917
Previous Owner Hardy Natasha Denise $87,694
Previous Owner Lee David $139,600
Previous Owner Lee David Edward $140,000
Previous Owner Hosseinipoor Gary $175,000
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 $1,886 $194,400 $66,500 $127,900
2023 $1,811 $182,900 $53,000 $129,900
2022 $1,647 $166,400 $53,000 $113,400
2021 $1,618 $163,400 $50,000 $113,400
2020 $1,528 $150,200 $50,000 $100,200
2019 $1,245 $124,600 $41,000 $83,600
2018 $1,249 $124,600 $41,000 $83,600
2017 $1,220 $121,700 $41,000 $80,700
2016 $1,079 $109,000 $36,000 $73,000
2015 $867 $87,600 $27,600 $60,000
2014 $833 $89,600 $28,200 $61,400
Source: Public Records

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