NOT LISTED FOR SALE

5959 Margate Ave Virginia Beach, VA 23462

Estimated Value: $202,000 - $233,000

2 Beds
2 Baths
1,240 Sq Ft
$175/Sq Ft Est. Value

About This Home

This home is located at 5959 Margate Ave, Virginia Beach, VA 23462 and is currently estimated at $216,719, approximately $174 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
$215,306

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
$117,447

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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

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 $1,784 $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

Virginia Virginia Beach County Virginia Beach 23462

5959 Margate Ave, Virginia Beach, VA

This home is located at 5959 Margate Ave, Virginia Beach, VA 23462 and is currently estimated at $216,719, approximately $174 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.

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