NOT LISTED FOR SALE

5585 New Colony Dr Virginia Beach, VA 23464

Estimated Value: $269,975 - $308,000

3 Beds
2 Baths
1,340 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 5585 New Colony Dr, Virginia Beach, VA 23464 and is currently estimated at $283,244, approximately $211 per square foot. 5585 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
May 30, 2012
Sold by
Secretary Of Veterans Affairs
Bought by
Versic Michael R
Current Estimated Value
$283,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,955
Outstanding Balance
$78,077
Interest Rate
3.85%
Mortgage Type
VA
Estimated Equity
$205,167

Purchase Details

Closed on
Jan 20, 2012
Sold by
Prfsnl Foreclosure Corp Of Va and Bradshaw William A
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 21, 2008
Sold by
Cuartas Victor H
Bought by
Bradshaw William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,552
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2002
Sold by
Ginn Elmer S
Bought by
Cuartas Victor H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,230
Interest Rate
6.09%
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
Versic Michael R $118,900 --
Secretary Of Veterans Affairs $114,569 --
Bradshaw William A $169,900 --
Cuartas Victor H $83,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Versic Michael R $112,955
Previous Owner Bradshaw William A $172,552
Previous Owner Cuartas Victor H $83,230
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 $2,386 $260,900 $95,000 $165,900
2024 $2,386 $246,000 $95,000 $151,000
2023 $2,096 $211,700 $75,000 $136,700
2022 $1,934 $195,400 $70,000 $125,400
2021 $1,359 $137,300 $45,000 $92,300
2020 $1,372 $134,800 $42,500 $92,300
2019 $1,346 $124,700 $40,000 $84,700
2018 $1,250 $124,700 $40,000 $84,700
2017 $1,250 $124,700 $40,000 $84,700
2016 $1,174 $118,600 $39,000 $79,600
2015 $1,157 $116,900 $39,000 $77,900
2014 $1,017 $110,800 $49,200 $61,600
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23464

5585 New Colony Dr, Virginia Beach, VA

This home is located at 5585 New Colony Dr, Virginia Beach, VA 23464 and is currently estimated at $283,244, approximately $211 per square foot. 5585 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.

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