NOT LISTED FOR SALE

5505 Island Ct Unit X8940 Virginia Beach, VA 23462

Bayside Neighborhood

Estimated Value: $259,000 - $277,000

2 Beds
3 Baths
1,690 Sq Ft
$158/Sq Ft Est. Value

About This Home

This home is located at 5505 Island Ct Unit X8940, Virginia Beach, VA 23462 and is currently estimated at $266,519, approximately $157 per square foot. 5505 Island Ct Unit X8940 is a home located in Virginia Beach City with nearby schools including Bettie F. Williams Elementary, Newtown Elementary School, and Diamond Springs Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Welsh David L
Bought by
Krentz Nicholas
Current Estimated Value
$266,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,812
Outstanding Balance
$224,905
Interest Rate
7.02%
Mortgage Type
VA
Estimated Equity
$41,614

Purchase Details

Closed on
Nov 15, 2006
Sold by
Lynch Ashley R
Bought by
Welsh David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,192
Interest Rate
6.33%
Mortgage Type
VA

Purchase Details

Closed on
Jul 23, 2001
Sold by
Peters Kerry A
Bought by
Lynch Ashley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
7.18%
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

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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
Krentz Nicholas $250,000 Priority Title
Welsh David L $195,000 --
Lynch Ashley R $93,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krentz Nicholas $227,812
Previous Owner Welsh David L $199,192
Previous Owner Lynch Ashley R $93,600
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
2025 $2,133 $234,000 $70,000 $164,000
2024 $2,133 $219,900 $70,000 $149,900
2023 $2,016 $203,600 $62,000 $141,600
2022 $1,873 $189,200 $55,900 $133,300
2021 $1,635 $165,200 $47,000 $118,200
2020 $1,551 $152,400 $47,000 $105,400
2019 $1,460 $137,400 $45,000 $92,400
2018 $1,377 $137,400 $45,000 $92,400
2017 $1,288 $128,500 $40,000 $88,500
2016 $1,290 $130,300 $38,300 $92,000
2015 $1,316 $132,900 $38,300 $94,600
2014 $1,017 $126,900 $38,300 $88,600
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23462 Bayside

5505 Island Ct Unit X8940, Virginia Beach, VA

This home is located at 5505 Island Ct Unit X8940, Virginia Beach, VA 23462 and is currently estimated at $266,519, approximately $157 per square foot. 5505 Island Ct Unit X8940 is a home located in Virginia Beach City with nearby schools including Bettie F. Williams Elementary, Newtown Elementary School, and Diamond Springs Elementary School.

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