NOT LISTED FOR SALE

5534 New Colony Dr Virginia Beach, VA 23464

Estimated Value: $251,000 - $286,000

3 Beds
3 Baths
1,470 Sq Ft
$186/Sq Ft Est. Value

About This Home

This home is located at 5534 New Colony Dr, Virginia Beach, VA 23464 and is currently estimated at $272,715, approximately $185 per square foot. 5534 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 29, 2022
Sold by
Colson Alexander
Bought by
Situation Solutions Llc
Current Estimated Value
$272,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 30, 2017
Sold by
Colson Alexander and Colson Kayla
Bought by
Colson Alexander

Purchase Details

Closed on
Dec 12, 2014
Sold by
Jason Feuerhahn Llc
Bought by
Colson Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,354
Interest Rate
4.02%
Mortgage Type
VA

Purchase Details

Closed on
Jul 15, 2014
Sold by
Lincoln Keticia D
Bought by
Jason Feuerhahn Llc

Purchase Details

Closed on
Dec 19, 2007
Sold by
Rosa Maggie S
Bought by
Lincoln Bobby Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,805
Interest Rate
6.27%
Mortgage Type
VA

Purchase Details

Closed on
Dec 23, 1999
Sold by
1St Homes Inc
Bought by
Rosa Maggie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,062
Interest Rate
7.71%

Purchase Details

Closed on
Dec 16, 1999
Sold by
Homeside Lending Inc
Bought by
1St Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,062
Interest Rate
7.71%
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Situation Solutions Llc $137,000 Vintage Estates Title
Colson Alexander -- None Available
Colson Alexander $156,000 --
Jason Feuerhahn Llc $90,000 --
Lincoln Bobby Dean $177,000 --
Rosa Maggie S $72,000 --
1St Homes Inc $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Situation Solutions Llc $3,348,130
Closed Situation Solutions Llc $50,000
Closed Situation Solutions Llc $98,000
Previous Owner Colson Alexander $159,354
Previous Owner Lincoln Bobby Dean $180,805
Previous Owner Rosa Maggie S $71,062
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 $2,410 $248,500 $95,000 $153,500
2023 $2,088 $210,900 $75,000 $135,900
2022 $1,927 $194,600 $70,000 $124,600
2021 $1,639 $165,600 $45,000 $120,600
2020 $1,660 $163,100 $42,500 $120,600
2019 $1,575 $143,500 $40,000 $103,500
2018 $1,439 $143,500 $40,000 $103,500
2017 $1,464 $146,000 $40,000 $106,000
2016 $1,373 $138,700 $39,000 $99,700
2015 $1,351 $136,500 $39,000 $97,500
2014 $1,058 $113,800 $49,200 $64,600
Source: Public Records

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