5525 New Colony Dr Virginia Beach, VA 23464
Estimated Value: $301,000 - $337,000
4
Beds
3
Baths
2,150
Sq Ft
$149/Sq Ft
Est. Value
About This Home
This home is located at 5525 New Colony Dr, Virginia Beach, VA 23464 and is currently estimated at $320,534, approximately $149 per square foot. 5525 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
Sep 23, 2021
Sold by
Dorris Allen D and Dorris Heather E
Bought by
Lacy Shanon O
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
$8,575
Outstanding Balance
$7,837
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$312,697
Purchase Details
Closed on
Jun 24, 2003
Sold by
Roberts Kathy S
Bought by
Dorris Allen D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,200
Interest Rate
5.71%
Mortgage Type
VA
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 |
---|---|---|---|
Lacy Shanon O | $245,000 | Fidelity National Ttl Ins Co | |
Dorris Allen D | $108,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lacy Shannon O | $8,575 | |
Open | Lacy Shanon O | $240,562 | |
Previous Owner | Dorris Allen D | $110,200 |
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 | $2,845 | $293,300 | $95,000 | $198,300 |
2023 | $2,528 | $255,400 | $75,000 | $180,400 |
2022 | $2,330 | $235,400 | $70,000 | $165,400 |
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 | $1,470 | $148,500 | $39,000 | $109,500 |
2014 | $1,242 | $135,700 | $49,200 | $86,500 |
Source: Public Records
Map
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