5248 Locke Ln Virginia Beach, VA 23464
Fairfield NeighborhoodEstimated Value: $538,667 - $588,000
4
Beds
3
Baths
2,900
Sq Ft
$195/Sq Ft
Est. Value
About This Home
This home is located at 5248 Locke Ln, Virginia Beach, VA 23464 and is currently estimated at $565,167, approximately $194 per square foot. 5248 Locke Ln is a home located in Virginia Beach City with nearby schools including Fairfield Elementary School, Kempsville Middle School, and Kempsville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 28, 2018
Sold by
Powles John P and Powles Beverly A
Bought by
Jennings Sherri F and Holt Kathleen K
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,150
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 21, 2000
Sold by
Warren Robert H
Bought by
Powles John P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.76%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Jennings Sherri F | $377,000 | Equity Title Company Llc | |
Powles John P | $220,000 | -- | |
Warren Robert H | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Jennings Sherri F | $353,800 | |
Closed | Jennings Sherri F | $358,150 | |
Previous Owner | Powles John P | $239,000 | |
Previous Owner | Warren Robert H | $176,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,181 | $431,000 | $165,000 | $266,000 |
2023 | $4,241 | $428,400 | $153,500 | $274,900 |
2022 | $3,958 | $399,800 | $136,400 | $263,400 |
2021 | $3,713 | $375,100 | $130,200 | $244,900 |
2020 | $3,675 | $361,200 | $130,200 | $231,000 |
2019 | $3,708 | $350,000 | $128,700 | $221,300 |
2018 | $3,509 | $350,000 | $128,700 | $221,300 |
2017 | $3,375 | $336,700 | $124,000 | $212,700 |
2016 | $3,227 | $326,000 | $124,000 | $202,000 |
2015 | $3,142 | $317,400 | $124,000 | $193,400 |
2014 | $3,072 | $330,300 | $128,700 | $201,600 |
Source: Public Records
Map
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