NOT LISTED FOR SALE

Estimated Value: $395,000 - $435,000

3 Beds
3 Baths
1,796 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 5541 Bulls Bay Dr, Virginia Beach, VA 23462 and is currently estimated at $413,300, approximately $230 per square foot. 5541 Bulls Bay Dr is a home located in Virginia Beach City with nearby schools including Bettie F. Williams Elementary, Newtown Elementary School, and Diamond Springs Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2019
Sold by
The Secretary Of Veterans Affairs
Bought by
Japchen David R
Current Estimated Value
$409,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,525
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 4, 2019
Sold by
Freedom Mortgage Corp
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Mar 11, 2019
Sold by
Wheeler Matthew J
Bought by
Freedom Mortgage Corp

Purchase Details

Closed on
Sep 8, 2011
Sold by
Boom Jenny D
Bought by
Wheeler Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,702
Interest Rate
4.58%
Mortgage Type
VA

Purchase Details

Closed on
Oct 31, 2001
Sold by
Terry Peterson Res Ten Ll
Bought by
Boom Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,810
Interest Rate
6.82%
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
Japchen David R $257,000 Attorney
Secretary Of Veterans Affairs $283,235 None Available
Freedom Mortgage Corp $283,235 Old Republic Servicing Sol
Wheeler Matthew J $269,900 --
Boom Michael W $163,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Japchen David R $262,525
Closed Japchen David R $262,525
Previous Owner Wheeler Matthew J $294,873
Previous Owner Wheeler Matthew J $294,369
Previous Owner Wheeler Matthew J $294,405
Previous Owner Wheeler Matthew J $275,702
Previous Owner Boom Michael W $31,810
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 $3,423 $352,900 $129,000 $223,900
2023 $3,293 $332,600 $124,000 $208,600
2022 $2,972 $300,200 $117,000 $183,200
2021 $2,815 $284,300 $114,000 $170,300
2020 $2,768 $272,000 $114,000 $158,000
2019 $2,688 $252,700 $109,100 $143,600
2018 $2,533 $252,700 $109,100 $143,600
2017 $2,553 $254,700 $108,000 $146,700
2016 $2,522 $254,700 $108,000 $146,700
2015 $2,455 $248,000 $108,000 $140,000
2014 $2,155 $243,900 $87,800 $156,100
Source: Public Records

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