NOT LISTED FOR SALE

486 Falling Ln Virginia Beach, VA 23454

Great Neck Neighborhood

Estimated Value: $288,000 - $320,000

3 Beds
3 Baths
1,338 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 486 Falling Ln, Virginia Beach, VA 23454 and is currently estimated at $296,748, approximately $221 per square foot. 486 Falling Ln is a home located in Virginia Beach City with nearby schools including King's Grant Elementary School, Great Neck Middle School, and Frank W. Cox High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Choutris Ioannis P
Bought by
486 Falling Lane Llc
Current Estimated Value
$296,748

Purchase Details

Closed on
Jul 14, 2022
Sold by
Olatunji Rahman Abiodun
Bought by
Choutris Ioannis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2020
Sold by
Whitmore Tiffany R and Beasley Tiffany R
Bought by
Rahman Abiodun Olatunjl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,531
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Apr 17, 2002
Sold by
Shotton Thomas
Bought by
Beasley Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2002
Sold by
M Richard Epps Spec Comm
Bought by
Shotton Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
486 Falling Lane Llc -- Fidelity National Title
Choutris Ioannis P $255,000 Fidelity National Title
Rahman Abiodun Olatunjl $197,000 Fidelity National Ttl Ins Co
Beasley Tiffany $75,000 --
Shotton Thomas E $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choutris Ioannis P $191,250
Previous Owner Choutris Ioannis P $191,250
Previous Owner Rahman Abiodun Olatunjl $201,531
Previous Owner Whitmore Tiffany R $91,000
Previous Owner Beasley Tiffany $71,250
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 $2,489 $256,600 $88,000 $168,600
2023 $2,386 $241,000 $75,000 $166,000
2022 $2,124 $214,500 $65,000 $149,500
2021 $1,942 $196,200 $58,000 $138,200
2020 $1,682 $165,300 $57,000 $108,300
2019 $1,679 $154,900 $49,700 $105,200
2018 $1,553 $154,900 $49,700 $105,200
2017 $1,505 $150,100 $49,700 $100,400
2016 $1,458 $147,300 $49,700 $97,600
2015 $1,453 $146,800 $49,700 $97,100
2014 $1,255 $140,800 $52,200 $88,600
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Great Neck

486 Falling Ln, Virginia Beach, VA

This home is located at 486 Falling Ln, Virginia Beach, VA 23454 and is currently estimated at $296,748, approximately $221 per square foot. 486 Falling Ln is a home located in Virginia Beach City with nearby schools including King's Grant Elementary School, Great Neck Middle School, and Frank W. Cox High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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