5481 Memorial Dr Virginia Beach, VA 23455
Bayside NeighborhoodEstimated Value: $707,000 - $738,000
4
Beds
3
Baths
3,130
Sq Ft
$231/Sq Ft
Est. Value
About This Home
This home is located at 5481 Memorial Dr, Virginia Beach, VA 23455 and is currently estimated at $722,345, approximately $230 per square foot. 5481 Memorial Dr is a home located in Virginia Beach City with nearby schools including Shelton Park Elementary School, Bayside 6th Grade Campus, and Bayside High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 16, 2020
Sold by
Smith Westman Dawn V and Smith Dawn Vanessa
Bought by
Bailey Byron Joseph and Bailey Dawn Vanessa
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
$380,000
Outstanding Balance
$341,270
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$352,021
Purchase Details
Closed on
Jun 11, 2013
Sold by
Terry Companies Eight Llc
Bought by
Westman Jeffrey B
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Bailey Byron Joseph | -- | Stcwart Title & Settlement | |
Westman Jeffrey B | $465,345 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Bailey Byron Joseph | $380,000 |
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 | $6,438 | $663,700 | $195,500 | $468,200 |
2023 | $6,475 | $654,000 | $195,500 | $458,500 |
2022 | $5,666 | $572,300 | $172,500 | $399,800 |
2021 | $4,918 | $496,800 | $149,500 | $347,300 |
2020 | $4,937 | $485,200 | $163,800 | $321,400 |
2019 | $4,828 | $469,000 | $161,200 | $307,800 |
2018 | $4,702 | $469,000 | $161,200 | $307,800 |
2017 | $4,702 | $469,000 | $161,200 | $307,800 |
2016 | $4,505 | $455,000 | $156,000 | $299,000 |
2015 | $4,562 | $460,800 | $156,000 | $304,800 |
2014 | $4,232 | $455,100 | $162,500 | $292,600 |
Source: Public Records
Map
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