5618 Summit Arch Virginia Beach, VA 23462
Bayside NeighborhoodEstimated Value: $146,000 - $159,000
2
Beds
1
Bath
866
Sq Ft
$176/Sq Ft
Est. Value
About This Home
This home is located at 5618 Summit Arch, Virginia Beach, VA 23462 and is currently estimated at $152,744, approximately $176 per square foot. 5618 Summit Arch 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
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
$120,223
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$32,522
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
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Home Values in the Area
Average Home Value in this Area
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
| 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 | $1,318 | $143,100 | $54,000 | $89,100 |
| 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
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