NOT LISTED FOR SALE

540 Summer Lake Ln Virginia Beach, VA 23454

Virginia Beach Central Neighborhood

Estimated Value: $531,122 - $554,000

4 Beds
3 Baths
2,684 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 540 Summer Lake Ln, Virginia Beach, VA 23454 and is currently estimated at $542,031, approximately $201 per square foot. 540 Summer Lake Ln is a home located in Virginia Beach City with nearby schools including Ocean Lakes Elementary School, Corporate Landing Middle School, and Ocean Lakes High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2008
Sold by
Otto Turkan N
Bought by
Walter Charles
Current Estimated Value
$542,031

Purchase Details

Closed on
Jul 28, 2004
Sold by
Rodriguez Roberto
Bought by
Otto Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2002
Sold by
Brooks Adrienne F
Bought by
Rodriguez Roberto L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,160
Interest Rate
7.04%
Mortgage Type
VA
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Walter Charles $315,000 --
Otto Timothy $259,900 --
Rodriguez Roberto L $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walter Charles $228,020
Closed Walter Charles $292,203
Previous Owner Otto Timothy $207,900
Previous Owner Rodriguez Roberto L $161,160
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 $4,492 $463,100 $151,600 $311,500
2023 $4,346 $439,000 $132,800 $306,200
2022 $4,016 $405,700 $115,000 $290,700
2021 $3,598 $363,400 $111,500 $251,900
2020 $3,320 $326,300 $111,500 $214,800
2019 $3,078 $302,500 $97,000 $205,500
2018 $3,033 $302,500 $97,000 $205,500
2017 $2,935 $292,800 $98,400 $194,400
2016 $2,967 $299,700 $98,400 $201,300
2015 $2,756 $278,400 $98,400 $180,000
2014 $2,506 $269,500 $98,400 $171,100
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Virginia Beach Central

540 Summer Lake Ln, Virginia Beach, VA

This home is located at 540 Summer Lake Ln, Virginia Beach, VA 23454 and is currently estimated at $542,031, approximately $201 per square foot. 540 Summer Lake Ln is a home located in Virginia Beach City with nearby schools including Ocean Lakes Elementary School, Corporate Landing Middle School, and Ocean Lakes 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.

Nearby Homes