NOT LISTED FOR SALE

5231 Lake Victoria Arch Virginia Beach, VA 23464

Estimated Value: $219,000 - $247,000

2 Beds
2 Baths
1,188 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 5231 Lake Victoria Arch, Virginia Beach, VA 23464 and is currently estimated at $230,353, approximately $193 per square foot. 5231 Lake Victoria Arch is a home located in Virginia Beach City with nearby schools including Providence Elementary School, Salem Middle School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Backus Ernestine
Bought by
Martinez Juan Emilio Velas
Current Estimated Value
$220,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,562
Outstanding Balance
$122,602
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$103,920

Purchase Details

Closed on
Jul 27, 2017
Sold by
Bugarin Maria C and Bugarin Reynaldo P
Bought by
Backus Ernestine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,686
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2005
Sold by
Seabolt Joseph
Bought by
Bugarin Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.28%
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
Martinez Juan Emilio Velas $210,000 Title Resources Guaranty Compa
Backus Ernestine $124,950 Attorney
Bugarin Maria $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Juan Emilio Velas $126,562
Previous Owner Backus Ernestine $122,686
Previous Owner Bugarin Maria $112,000
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 $1,734 $178,800 $51,000 $127,800
2023 $1,590 $160,600 $42,000 $118,600
2022 $1,443 $145,800 $42,000 $103,800
2021 $1,311 $132,400 $37,000 $95,400
2020 $1,331 $130,800 $35,000 $95,800
2019 $1,243 $112,700 $35,000 $77,700
2018 $1,130 $112,700 $35,000 $77,700
2017 $1,148 $114,500 $35,000 $79,500
2016 $1,070 $108,100 $33,000 $75,100
2015 $999 $100,900 $33,000 $67,900
2014 $1,091 $106,800 $40,000 $66,800
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23464

5231 Lake Victoria Arch, Virginia Beach, VA

This home is located at 5231 Lake Victoria Arch, Virginia Beach, VA 23464 and is currently estimated at $230,353, approximately $193 per square foot. 5231 Lake Victoria Arch is a home located in Virginia Beach City with nearby schools including Providence Elementary School, Salem Middle School, and Salem High School.

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