5540 Summer Crescent Virginia Beach, VA 23462
Bayside NeighborhoodEstimated Value: $341,000 - $359,000
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                1,683
                Sq Ft
            
            
                
                    $209/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5540 Summer Crescent, Virginia Beach, VA 23462 and is currently estimated at $352,293, approximately $209 per square foot. 5540 Summer Crescent is a home located in Virginia Beach City with nearby schools including Luxford Elementary School, Bayside 6th Grade Campus, and Bayside High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jun 16, 2015
            
        
                Sold by
            
            
                Ho Thuy Thi
            
        
                Bought by
            
            
                Vo Dung Thi Kim and Voung Phuc
            
        
                            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
            
            
                $112,000
            
        
                Outstanding Balance
            
            
                $86,840
            
        
                Interest Rate
            
            
                3.78%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $265,453
            
        Purchase Details
                Closed on
            
            
                Jan 31, 2002
            
        
                Sold by
            
            
                Summerset Lake Ltd
            
        
                Bought by
            
            
                Hoang Lan Dzuy
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Vo Dung Thi Kim | $200,000 | -- | |
| Hoang Lan Dzuy | $183,485 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Vo Dung Thi Kim | $112,000 | 
                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 | 
|---|---|---|---|---|
| 2025 | $2,920 | $316,100 | $99,000 | $217,100 | 
| 2024 | $2,920 | $301,000 | $99,000 | $202,000 | 
| 2023 | $1,522 | $280,000 | $94,000 | $186,000 | 
| 2022 | $2,432 | $245,700 | $87,000 | $158,700 | 
| 2021 | $2,288 | $231,100 | $85,000 | $146,100 | 
| 2020 | $2,299 | $225,900 | $85,000 | $140,900 | 
| 2019 | $2,236 | $214,600 | $82,800 | $131,800 | 
| 2018 | $2,151 | $214,600 | $82,800 | $131,800 | 
| 2017 | $2,179 | $217,400 | $82,800 | $134,600 | 
| 2016 | $2,089 | $211,000 | $82,800 | $128,200 | 
| 2015 | $3,259 | $209,400 | $82,800 | $126,600 | 
| 2014 | $1,988 | $206,300 | $82,800 | $123,500 | 
                Source: Public Records
                    
            
        Map
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