NOT LISTED FOR SALE

5005 Gatehouse Way Virginia Beach, VA 23455

Lake Shores Neighborhood

Estimated Value: $240,000 - $263,000

2 Beds
2 Baths
1,150 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 5005 Gatehouse Way, Virginia Beach, VA 23455 and is currently estimated at $248,782, approximately $216 per square foot. 5005 Gatehouse Way is a home located in Virginia Beach City with nearby schools including Shelton Park Elementary School, Independence Middle School, and Bayside High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2023
Sold by
Melchers Jamaila and Melchers Daniel
Bought by
Mclellan Rachel M
Current Estimated Value
$248,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,615
Outstanding Balance
$21,129
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$219,664

Purchase Details

Closed on
Jul 17, 2015
Sold by
Meichers Jamaila
Bought by
Melchers Jamaila and Melchers Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2007
Sold by
Cole Zachary K
Bought by
Barrantes Jamaila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2002
Sold by
Bowen Noreen C
Bought by
Cole Zachary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
6.07%

Purchase Details

Closed on
Dec 21, 2001
Sold by
Schneider Marion S D
Bought by
Bowen Noreen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.61%
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
Mclellan Rachel M $220,000 Advance Title
Melchers Jamaila -- None Available
Barrantes Jamaila $184,000 --
Cole Zachary K $87,900 --
Bowen Noreen C $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclellan Rachel M $21,615
Previous Owner Melchers Jamaila $97,500
Previous Owner Barrantes Jamaila $184,000
Previous Owner Cole Zachary K $74,900
Previous Owner Bowen Noreen C $77,500
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 $2,099 $216,400 $70,000 $146,400
2023 $1,688 $170,500 $59,000 $111,500
2022 $1,483 $149,800 $52,800 $97,000
2021 $1,421 $143,500 $52,800 $90,700
2020 $1,322 $129,900 $50,900 $79,000
2019 $1,222 $120,900 $50,900 $70,000
2018 $1,212 $120,900 $50,900 $70,000
2017 $1,199 $119,600 $50,400 $69,200
2016 $1,227 $123,900 $50,400 $73,500
2015 $1,230 $124,200 $51,600 $72,600
2014 $1,187 $122,100 $50,400 $71,700
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23455 Lake Shores

5005 Gatehouse Way, Virginia Beach, VA

This home is located at 5005 Gatehouse Way, Virginia Beach, VA 23455 and is currently estimated at $248,782, approximately $216 per square foot. 5005 Gatehouse Way is a home located in Virginia Beach City with nearby schools including Shelton Park Elementary School, Independence Middle School, and Bayside 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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