NOT LISTED FOR SALE

5618 Summit Arch Unit 204 Virginia Beach, VA 23462

Bayside Neighborhood

Estimated Value: $152,000 - $162,000

2 Beds
1 Bath
866 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 5618 Summit Arch Unit 204, Virginia Beach, VA 23462 and is currently estimated at $154,534, approximately $178 per square foot. 5618 Summit Arch Unit 204 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
Jun 15, 2022
Sold by
Shippley Watson A
Bought by
Hosier Mindell Ruth
Current Estimated Value
$154,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,350
Outstanding Balance
$121,068
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$37,931

Purchase Details

Closed on
Oct 23, 2006
Sold by
Cardinal Property
Bought by
Watson A Shippley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2006
Sold by
Parthenon Mgmt Co L L C
Bought by
Cardinal Property L L C

Purchase Details

Closed on
Mar 1, 2004
Sold by
Sebree James
Bought by
Parthenon Mgmt Co L L C

Purchase Details

Closed on
Feb 27, 2003
Sold by
Holt Edward C L
Bought by
Sebree James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
5.98%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 31, 2000
Sold by
Sec Housing And Urban Dev
Bought by
Holt Edward C L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
7.81%

Purchase Details

Closed on
Nov 30, 1999
Sold by
Glasser And Glasser Plc
Bought by
Sec Housing And Urban Dev
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hosier Mindell Ruth $133,000 Dickerson David D
Watson A Shippley $100,000 --
Cardinal Property L L C $60,000 --
Parthenon Mgmt Co L L C $45,000 --
Sebree James $36,000 --
Holt Edward C L $32,500 --
Sec Housing And Urban Dev $47,927 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hosier Mindell Ruth $126,350
Previous Owner Watson A Shippley $100,000
Previous Owner Sebree James $28,800
Previous Owner Holt Edward C L $26,000
Closed Hosier Mindell Ruth $7,500
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 $1,318 $135,900 $54,000 $81,900
2023 $1,213 $122,500 $43,000 $79,500
2022 $861 $87,000 $30,000 $57,000
2021 $726 $73,300 $22,000 $51,300
2020 $604 $59,400 $18,000 $41,400
2019 $587 $53,600 $17,000 $36,600
2018 $537 $53,600 $17,000 $36,600
2017 $519 $51,800 $16,500 $35,300
2016 $502 $50,700 $15,800 $34,900
2015 $496 $50,100 $15,800 $34,300
2014 $542 $45,400 $15,800 $29,600
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23462 Bayside

5618 Summit Arch Unit 204, Virginia Beach, VA

This home is located at 5618 Summit Arch Unit 204, Virginia Beach, VA 23462 and is currently estimated at $154,534, approximately $178 per square foot. 5618 Summit Arch Unit 204 is a home located in Virginia Beach City with nearby schools including Bettie F. Williams Elementary, Newtown Elementary School, and Diamond Springs Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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