NOT LISTED FOR SALE

5533 Elam Ave Virginia Beach, VA 23462

Bayside Neighborhood

Estimated Value: $366,000 - $443,000

4 Beds
3 Baths
1,896 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 5533 Elam Ave, Virginia Beach, VA 23462 and is currently estimated at $411,447, approximately $217 per square foot. 5533 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
Dec 1, 2020
Sold by
Cuce Llc
Bought by
Schaeffer Michael and Schaeffer Alexandra
Current Estimated Value
$411,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,475
Outstanding Balance
$299,877
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$113,646

Purchase Details

Closed on
Sep 17, 2020
Sold by
Mcmurphy Carolyn P
Bought by
Cuce Llc

Purchase Details

Closed on
Dec 1, 2003
Sold by
Johnson Frederick O
Bought by
Mcmurphy William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Schaeffer Michael $325,000 Priority Title & Escrow
Cuce Llc $225,500 None Available
Mcmurphy William C $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaeffer Michael $332,475
Previous Owner Mcmurphy William C $96,000
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
2024 $3,412 $351,700 $110,000 $241,700
2023 $3,255 $328,800 $100,000 $228,800
2022 $3,060 $309,100 $94,000 $215,100
2021 $2,764 $279,200 $90,000 $189,200
2020 $1,780 $174,900 $88,000 $86,900
2019 $1,777 $174,100 $89,800 $84,300
2018 $1,745 $174,100 $89,800 $84,300
2017 $1,721 $171,700 $89,800 $81,900
2016 $1,767 $178,500 $89,800 $88,700
2015 $1,734 $175,100 $89,800 $85,300
2014 $1,632 $175,500 $91,600 $83,900
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23462 Bayside

5533 Elam Ave, Virginia Beach, VA

This home is located at 5533 Elam Ave, Virginia Beach, VA 23462 and is currently estimated at $411,447, approximately $217 per square foot. 5533 Elam Ave is a home located in Virginia Beach City with nearby schools including Arrowhead Elementary School, Larkspur Middle School, and Kempsville High School.

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