5508 New Colony Dr Virginia Beach, VA 23464
Estimated Value: $270,000 - $330,000
3
Beds
3
Baths
1,885
Sq Ft
$162/Sq Ft
Est. Value
About This Home
This home is located at 5508 New Colony Dr, Virginia Beach, VA 23464 and is currently estimated at $304,613, approximately $161 per square foot. 5508 New Colony Dr is a home located in Virginia Beach City with nearby schools including Fairfield Elementary School, Kempsville Middle School, and Tallwood High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 22, 2011
Sold by
Brown Tasha M
Bought by
Crawford Jake E
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
$128,653
Outstanding Balance
$90,135
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$202,473
Purchase Details
Closed on
Aug 27, 2004
Sold by
Smith Shelly Walker
Bought by
Brown Tasha M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2001
Sold by
Smith Rose Marie
Bought by
Walker Smith Shelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,728
Interest Rate
7.05%
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 |
---|---|---|---|
Crawford Jake E | $132,000 | -- | |
Brown Tasha M | $133,000 | -- | |
Walker Smith Shelly | $81,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Crawford Jake E | $128,653 | |
Previous Owner | Brown Tasha M | $101,000 | |
Previous Owner | Walker Smith Shelly | $79,728 |
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 | $2,619 | $270,000 | $95,000 | $175,000 |
2023 | $2,361 | $238,500 | $75,000 | $163,500 |
2022 | $2,176 | $219,800 | $70,000 | $149,800 |
2021 | $1,848 | $186,700 | $45,000 | $141,700 |
2020 | $1,911 | $187,800 | $42,500 | $145,300 |
2019 | $1,821 | $159,000 | $40,000 | $119,000 |
2018 | $1,594 | $159,000 | $40,000 | $119,000 |
2017 | $1,594 | $159,000 | $40,000 | $119,000 |
2016 | $1,494 | $150,900 | $39,000 | $111,900 |
2015 | $1,500 | $151,500 | $39,000 | $112,500 |
2014 | $1,242 | $135,700 | $49,200 | $86,500 |
Source: Public Records
Map
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