NOT LISTED FOR SALE

501 55th St Virginia Beach, VA 23451

North End Neighborhood

Estimated Value: $2,026,723 - $2,215,000

6 Beds
4 Baths
3,850 Sq Ft
$541/Sq Ft Est. Value

About This Home

This home is located at 501 55th St, Virginia Beach, VA 23451 and is currently estimated at $2,084,681, approximately $541 per square foot. 501 55th St is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Virginia Beach Middle School, and Frank W. Cox High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2017
Sold by
White Karen Elizabeth and White Dale Arthur
Bought by
Somers James S and Somers Stephanie H
Current Estimated Value
$2,084,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,029,200
Interest Rate
3.97%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 12, 2011
Sold by
Ternes Thomas J
Bought by
White Karen
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
Somers James S $1,302,100 American Home Title Inc
White Karen $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somers James S $400,000
Open Somers James S $1,125,400
Closed Somers Stephanie H $200,000
Closed Somers James S $1,029,200
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 $15,218 $1,568,900 $1,000,000 $568,900
2023 $11,747 $1,186,600 $706,300 $480,300
2022 $11,206 $1,131,900 $612,500 $519,400
2021 $10,421 $1,052,600 $600,000 $452,600
2020 $9,699 $953,200 $556,300 $396,900
2019 $9,464 $896,800 $556,300 $340,500
2018 $8,990 $896,800 $556,300 $340,500
2017 $8,506 $848,500 $531,300 $317,200
2016 $8,400 $848,500 $531,300 $317,200
2015 $8,304 $838,800 $531,300 $307,500
2014 $6,202 $786,800 $500,000 $286,800
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 North End

501 55th St, Virginia Beach, VA

This home is located at 501 55th St, Virginia Beach, VA 23451 and is currently estimated at $2,084,681, approximately $541 per square foot. 501 55th St is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Virginia Beach 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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