4640 Lake Dr Unit A Virginia Beach, VA 23455
Chic's Beach NeighborhoodEstimated Value: $667,000 - $702,000
3
Beds
4
Baths
2,324
Sq Ft
$294/Sq Ft
Est. Value
About This Home
This home is located at 4640 Lake Dr Unit A, Virginia Beach, VA 23455 and is currently estimated at $682,343, approximately $293 per square foot. 4640 Lake Dr Unit A 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
May 16, 2023
Sold by
Tolley Nicolas J
Bought by
Archer James T and Archer Jennifer Michelle
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,000
Outstanding Balance
$610,271
Interest Rate
6.28%
Mortgage Type
VA
Purchase Details
Closed on
Jan 17, 2006
Sold by
Tolley Nicolas
Bought by
Baylake Construction Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.34%
Mortgage Type
New Conventional
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Archer James T | $626,000 | Fortis Title | |
Baylake Construction Inc | $475,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Archer James T | $626,000 | |
Previous Owner | Tolley Nicolas J | $333,600 | |
Previous Owner | Baylake Construction Inc | $380,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,069 | $625,700 | $261,500 | $364,200 |
2023 | $5,823 | $588,200 | $249,000 | $339,200 |
2022 | $4,967 | $501,700 | $216,800 | $284,900 |
2021 | $4,513 | $455,900 | $173,700 | $282,200 |
2020 | $4,532 | $445,400 | $153,800 | $291,600 |
2019 | $4,320 | $415,200 | $153,800 | $261,400 |
2018 | $4,162 | $415,200 | $153,800 | $261,400 |
2017 | $4,081 | $407,100 | $150,700 | $256,400 |
2016 | $3,894 | $393,300 | $144,500 | $248,800 |
2015 | $3,767 | $380,500 | $136,800 | $243,700 |
2014 | $3,103 | $371,400 | $136,800 | $234,600 |
Source: Public Records
Map
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