5876 Oak Terrace Dr Virginia Beach, VA 23464
Estimated Value: $475,000 - $621,000
5
Beds
2
Baths
2,400
Sq Ft
$233/Sq Ft
Est. Value
About This Home
This home is located at 5876 Oak Terrace Dr, Virginia Beach, VA 23464 and is currently estimated at $559,052, approximately $232 per square foot. 5876 Oak Terrace Dr is a home located in Virginia Beach City with nearby schools including Woodstock Elementary School, Kempsville Middle School, and Kempsville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 6, 2021
Sold by
Muentes Randolph
Bought by
Hebert Terry and Hebert Gidget
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
$315,000
Outstanding Balance
$282,375
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$276,677
Purchase Details
Closed on
Jun 17, 2014
Sold by
Morales Wilmer
Bought by
Muentes Randolph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,080
Interest Rate
4.21%
Mortgage Type
VA
Purchase Details
Closed on
Apr 13, 2010
Sold by
Inda Philip S
Bought by
Morales Wilmer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,293
Interest Rate
5.62%
Mortgage Type
FHA
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 |
---|---|---|---|
Hebert Terry | $350,000 | Liberty Title & Escrow | |
Muentes Randolph | $295,000 | -- | |
Morales Wilmer | $100,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hebert Terry | $315,000 | |
Previous Owner | Muentes Randolph | $302,080 | |
Previous Owner | Morales Wilmer | $244,293 |
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 | $5,298 | $559,800 | $150,000 | $409,800 |
2024 | $5,298 | $546,200 | $150,000 | $396,200 |
2023 | $5,212 | $526,500 | $140,000 | $386,500 |
2022 | $4,951 | $500,100 | $126,400 | $373,700 |
2021 | $3,235 | $326,800 | $94,500 | $232,300 |
2020 | $3,398 | $334,000 | $94,500 | $239,500 |
2019 | $3,202 | $305,100 | $94,500 | $210,600 |
2018 | $3,059 | $305,100 | $94,500 | $210,600 |
2017 | $2,961 | $295,400 | $94,500 | $200,900 |
2016 | $2,828 | $285,700 | $94,500 | $191,200 |
2015 | $2,576 | $260,200 | $94,500 | $165,700 |
2014 | $1,787 | $197,700 | $119,800 | $77,900 |
Source: Public Records
Map
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