NOT LISTED FOR SALE

5520 Elam Ave Virginia Beach, VA 23462

Bayside Neighborhood

Estimated Value: $362,000 - $395,000

4 Beds
2 Baths
1,537 Sq Ft
$244/Sq Ft Est. Value

About This Home

This home is located at 5520 Elam Ave, Virginia Beach, VA 23462 and is currently estimated at $374,475, approximately $243 per square foot. 5520 Elam Ave is a home located in Virginia Beach City with nearby schools including Arrowhead Elementary School, Larkspur Middle School, and Kempsville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Noel Melissa L
Bought by
Lewis Meranda and Atkins Jordan Wyatt
Current Estimated Value
$374,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$258,032
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$116,443

Purchase Details

Closed on
Sep 17, 2012
Sold by
Lamontagne Joe
Bought by
Noel Roger W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Lamontagne Joe

Purchase Details

Closed on
May 4, 2011
Sold by
Recontrust Company Na and Boatright Laun
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Apr 29, 2005
Sold by
Lindsay Eunice A
Bought by
Tolley Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,910
Interest Rate
6.01%
Mortgage Type
New Conventional
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

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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
Lewis Meranda $285,000 Old Republic Natl Ttl Ins Co
Noel Roger W $195,000 --
Lamontagne Joe $216,800 --
Bac Home Loans Servicing Lp $173,250 --
Tolley Marianne $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Meranda $285,000
Previous Owner Noel Roger W $191,468
Previous Owner Tolley Marianne $161,910
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 $3,088 $356,300 $110,000 $246,300
2024 $3,088 $318,400 $110,000 $208,400
2023 $2,973 $300,300 $100,000 $200,300
2022 $2,794 $282,200 $94,000 $188,200
2021 $1,983 $200,300 $90,000 $110,300
2020 $2,034 $199,900 $88,000 $111,900
2019 $2,054 $200,500 $89,800 $110,700
2018 $2,010 $200,500 $89,800 $110,700
2017 $1,979 $197,400 $89,800 $107,600
2016 $1,954 $197,400 $89,800 $107,600
2015 $1,914 $193,300 $89,800 $103,500
2014 $1,757 $190,800 $91,600 $99,200
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23462 Bayside

5520 Elam Ave, Virginia Beach, VA

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