5586 New Colony Dr Virginia Beach, VA 23464
Estimated Value: $253,311 - $274,000
2
Beds
2
Baths
1,276
Sq Ft
$207/Sq Ft
Est. Value
About This Home
This home is located at 5586 New Colony Dr, Virginia Beach, VA 23464 and is currently estimated at $264,328, approximately $207 per square foot. 5586 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
Apr 3, 2003
Sold by
Byrnes Franquetta
Bought by
Smith Connie
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
$81,000
Outstanding Balance
$35,129
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$229,199
Purchase Details
Closed on
Sep 29, 2000
Sold by
Pace Lee Roy
Bought by
Bass Franquetta L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,671
Interest Rate
7.96%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Smith Connie | $81,000 | -- | |
Bass Franquetta L | $59,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Smith Connie | $81,000 | |
Previous Owner | Bass Franquetta L | $58,671 |
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 | $2,153 | $235,500 | $95,000 | $140,500 |
2024 | $2,153 | $222,000 | $95,000 | $127,000 |
2023 | $1,862 | $188,100 | $75,000 | $113,100 |
2022 | $1,720 | $173,700 | $70,000 | $103,700 |
2021 | $1,417 | $143,100 | $45,000 | $98,100 |
2020 | $1,455 | $143,000 | $42,500 | $100,500 |
2019 | $1,391 | $131,000 | $40,000 | $91,000 |
2018 | $1,313 | $131,000 | $40,000 | $91,000 |
2017 | $1,204 | $120,100 | $40,000 | $80,100 |
2016 | $1,132 | $114,300 | $39,000 | $75,300 |
2015 | $1,116 | $112,700 | $39,000 | $73,700 |
2014 | $982 | $105,600 | $49,200 | $56,400 |
Source: Public Records
Map
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