5512 Fairwood Ln Virginia Beach, VA 23455
Bayside NeighborhoodEstimated Value: $294,000 - $360,242
3
Beds
1
Bath
1,200
Sq Ft
$274/Sq Ft
Est. Value
About This Home
This home is located at 5512 Fairwood Ln, Virginia Beach, VA 23455 and is currently estimated at $329,311, approximately $274 per square foot. 5512 Fairwood Ln is a home located in Virginia Beach City with nearby schools including Bayside Elementary School, Bayside 6th Grade Campus, and Bayside High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2022
Sold by
Lyon Allan W
Bought by
Hankinson Nicholas
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
$274,725
Outstanding Balance
$262,404
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$66,907
Purchase Details
Closed on
Mar 13, 2015
Sold by
Lyon Allan W and Chadwick Katharine L
Bought by
Lyon Allan W and Chadwick Katharine L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,617
Interest Rate
3.88%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 25, 2008
Sold by
Mcadoo Baylen
Bought by
Lyon Allan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,067
Interest Rate
6.54%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 4, 2004
Sold by
Mcadoo Aniel
Bought by
Mcadoo Baylen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.03%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Hankinson Nicholas | $270,000 | Chicago Title | |
| Lyon Allan W | -- | -- | |
| Lyon Allan W | $220,000 | -- | |
| Mcadoo Baylen | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hankinson Nicholas | $274,725 | |
| Previous Owner | Lyon Allan W | $201,617 | |
| Previous Owner | Lyon Allan W | $216,067 | |
| Previous Owner | Mcadoo Baylen | $121,500 |
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 |
|---|---|---|---|---|
| 2025 | $2,883 | $308,400 | $150,000 | $158,400 |
| 2024 | $2,883 | $297,200 | $150,000 | $147,200 |
| 2023 | $2,487 | $251,200 | $104,000 | $147,200 |
| 2022 | $1,826 | $184,400 | $96,000 | $88,400 |
| 2021 | $1,745 | $176,300 | $93,000 | $83,300 |
| 2020 | $1,778 | $174,700 | $93,000 | $81,700 |
| 2019 | $1,710 | $165,900 | $89,300 | $76,600 |
| 2018 | $1,663 | $165,900 | $89,300 | $76,600 |
| 2017 | $1,663 | $165,900 | $89,300 | $76,600 |
| 2016 | $1,626 | $164,200 | $94,500 | $69,700 |
| 2015 | $1,612 | $162,800 | $94,500 | $68,300 |
| 2014 | $1,611 | $165,800 | $105,000 | $60,800 |
Source: Public Records
Map
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