NOT LISTED FOR SALE

5136 Fallsmead Downs Virginia Beach, VA 23464

Estimated Value: $539,000 - $618,000

4 Beds
3 Baths
2,600 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 5136 Fallsmead Downs, Virginia Beach, VA 23464 and is currently estimated at $565,301, approximately $217 per square foot. 5136 Fallsmead Downs is a home located in Virginia Beach City with nearby schools including Kempsville Elementary School, Kempsville Middle School, and Kempsville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2020
Sold by
Wilson Eugene K and Estate Of Patricia Gough Wilso
Bought by
Lavare Ray
Current Estimated Value
$565,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Outstanding Balance
$334,079
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$231,222
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
Lavare Ray $385,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavare Ray $378,026
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
2025 $4,713 $529,700 $180,000 $349,700
2024 $4,713 $485,900 $175,000 $310,900
2023 $4,538 $458,400 $155,000 $303,400
2022 $4,119 $416,100 $140,000 $276,100
2021 $3,719 $375,700 $122,000 $253,700
2020 $3,810 $374,400 $122,000 $252,400
2019 $3,822 $373,200 $120,000 $253,200
2018 $3,741 $373,200 $120,000 $253,200
2017 $3,572 $356,300 $120,000 $236,300
2016 $3,412 $344,600 $115,500 $229,100
2015 $3,370 $340,400 $115,500 $224,900
2014 $2,926 $324,800 $107,300 $217,500
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23464

5136 Fallsmead Downs, Virginia Beach, VA

This home is located at 5136 Fallsmead Downs, Virginia Beach, VA 23464 and is currently estimated at $565,301, approximately $217 per square foot. 5136 Fallsmead Downs is a home located in Virginia Beach City with nearby schools including Kempsville Elementary School, Kempsville Middle School, and Kempsville High School.

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