NOT LISTED FOR SALE

5248 Summer Crescent Virginia Beach, VA 23462

Bayside Neighborhood

Estimated Value: $358,000 - $402,000

3 Beds
3 Baths
2,140 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 5248 Summer Crescent, Virginia Beach, VA 23462 and is currently estimated at $384,094, approximately $179 per square foot. 5248 Summer Crescent is a home located in Virginia Beach City with nearby schools including Luxford Elementary School, Bayside 6th Grade Campus, and Bayside High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Moore Justin C and Moore Melissa A
Bought by
Gasser Tatevik T and Sarkisyan Lusine A
Current Estimated Value
$384,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Outstanding Balance
$231,864
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$152,230

Purchase Details

Closed on
Dec 16, 2016
Sold by
House David R and House Bitsy
Bought by
Moore Justin C and Moore Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,462
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2000
Sold by
Summerset Lake Ltd
Bought by
House David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
8.3%
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
Gasser Tatevik T $284,900 Fidelity National Ttl Ins Co
Moore Justin C $255,000 Attorney
House David R $143,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gasser Tatevik T $256,500
Previous Owner Moore Justin C $259,462
Previous Owner House David R $113,000
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 $3,355 $345,900 $95,000 $250,900
2023 $3,229 $326,200 $90,000 $236,200
2022 $2,818 $284,600 $83,000 $201,600
2021 $2,477 $250,200 $81,000 $169,200
2020 $2,505 $246,200 $81,000 $165,200
2019 $2,473 $237,500 $79,200 $158,300
2018 $2,381 $237,500 $79,200 $158,300
2017 $2,363 $235,700 $79,200 $156,500
2016 $2,310 $233,300 $79,200 $154,100
2015 $2,291 $231,400 $79,200 $152,200
2014 $2,207 $226,500 $79,200 $147,300
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23462 Bayside

5248 Summer Crescent, Virginia Beach, VA

This home is located at 5248 Summer Crescent, Virginia Beach, VA 23462 and is currently estimated at $384,094, approximately $179 per square foot. 5248 Summer Crescent is a home located in Virginia Beach City with nearby schools including Luxford Elementary School, Bayside 6th Grade Campus, 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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