5959 Margate Ave Virginia Beach, VA 23462
Estimated Value: $198,000 - $215,000
2
Beds
2
Baths
1,240
Sq Ft
$168/Sq Ft
Est. Value
About This Home
This home is located at 5959 Margate Ave, Virginia Beach, VA 23462 and is currently estimated at $208,576, approximately $168 per square foot. 5959 Margate Ave 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
Jul 15, 2020
Sold by
Prana Llc
Bought by
Lassiter Kyra D
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
$108,000
Outstanding Balance
$96,993
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$111,583
Purchase Details
Closed on
May 8, 2020
Sold by
House Elizabeth
Bought by
Prana Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 5, 2003
Sold by
Secretary Of Veteran Affa
Bought by
House Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
6.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2003
Sold by
Moore Cecil
Bought by
Secy Of V A
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 |
---|---|---|---|
Lassiter Kyra D | $135,000 | First American Title Ins Co | |
Prana Llc | $90,000 | Rocket Title Inc | |
House Robert E | $62,500 | -- | |
Secy Of V A | $43,350 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lassiter Kyra D | $108,000 | |
Previous Owner | Prana Llc | $76,500 | |
Previous Owner | House Robert E | $56,250 |
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 |
---|---|---|---|---|
2024 | $1,784 | $183,900 | $60,000 | $123,900 |
2023 | $1,488 | $150,300 | $47,200 | $103,100 |
2022 | $1,488 | $150,300 | $47,200 | $103,100 |
2021 | $1,279 | $129,200 | $40,000 | $89,200 |
2020 | $1,096 | $107,700 | $37,000 | $70,700 |
2019 | $1,066 | $100,400 | $35,000 | $65,400 |
2018 | $1,007 | $100,400 | $35,000 | $65,400 |
2017 | $479 | $47,800 | $32,200 | $15,600 |
2016 | $477 | $48,200 | $32,200 | $16,000 |
2015 | $918 | $92,700 | $31,300 | $61,400 |
2014 | $774 | $90,000 | $33,300 | $56,700 |
Source: Public Records
Map
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