NOT LISTED FOR SALE

5540 Elam Ave Virginia Beach, VA 23462

Bayside Neighborhood

Estimated Value: $196,000 - $419,395

3 Beds
1 Bath
1,475 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 5540 Elam Ave, Virginia Beach, VA 23462 and is currently estimated at $324,349, approximately $219 per square foot. 5540 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 24, 2024
Sold by
Chewning Jimmie R and Chewning Cynthia S
Bought by
Nguyen Shelly Ha
Current Estimated Value
$324,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$88,851
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$235,498

Purchase Details

Closed on
Jul 16, 2013
Sold by
Chewing Jimmie R and Chewing Cynthia S
Bought by
Chewning Jimmie R and Chewning Cynthia S

Purchase Details

Closed on
Jan 19, 2006
Sold by
Horner Esther
Bought by
Chewning Jimmie
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
Nguyen Shelly Ha $172,000 First American Title
Chewning Jimmie R -- --
Chewning Jimmie $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Shelly Ha $90,000
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
2025 $1,860 $375,000 $110,000 $265,000
2024 $1,860 $191,800 $110,000 $81,800
2023 $1,762 $178,000 $100,000 $78,000
2022 $1,644 $166,100 $94,000 $72,100
2021 $1,527 $154,200 $90,000 $64,200
2020 $1,510 $148,400 $88,000 $60,400
2019 $1,525 $150,000 $89,800 $60,200
2018 $1,504 $150,000 $89,800 $60,200
2017 $1,486 $148,200 $89,800 $58,400
2016 $1,534 $154,900 $89,800 $65,100
2015 $1,510 $152,500 $89,800 $62,700
2014 $1,371 $147,400 $91,600 $55,800
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23462 Bayside

5540 Elam Ave, Virginia Beach, VA

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