NOT LISTED FOR SALE

5965 Margate Ave Virginia Beach, VA 23462

Estimated Value: $232,000 - $277,000

3 Beds
3 Baths
1,572 Sq Ft
$163/Sq Ft Est. Value

About This Home

This home is located at 5965 Margate Ave, Virginia Beach, VA 23462 and is currently estimated at $256,069, approximately $162 per square foot. 5965 Margate Ave is a home 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
Aug 14, 2023
Sold by
Javai Investments Llc
Bought by
Martinez Williams Henrry and Martinez Alexia Aleida
Current Estimated Value
$256,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,350
Outstanding Balance
$236,152
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$19,917

Purchase Details

Closed on
Aug 16, 2019
Sold by
Mcclain Erica and Mcclain Terrell
Bought by
Mcclain Terrell

Purchase Details

Closed on
Dec 26, 2007
Sold by
Mallon Harriet J
Bought by
Mcclain Terrell V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
6.27%
Mortgage Type
VA
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
Martinez Williams Henrry $253,000 First American Title Insurance
Mcclain Terrell -- None Available
Mcclain Terrell V $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Williams Henrry $240,350
Previous Owner Mcclain Terrell $138,891
Previous Owner Mcclain Terrell $141,868
Previous Owner Mcclain Terrell $138,790
Previous Owner Mcclain Terrell V $133,800
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 $2,173 $224,000 $60,000 $164,000
2023 $1,525 $154,000 $47,200 $106,800
2022 $1,525 $154,000 $47,200 $106,800
2021 $1,311 $132,400 $40,000 $92,400
2020 $1,243 $122,200 $37,000 $85,200
2019 $1,200 $113,000 $35,000 $78,000
2018 $1,133 $113,000 $35,000 $78,000
2017 $1,057 $105,400 $32,200 $73,200
2016 $1,063 $107,400 $32,200 $75,200
2015 $1,036 $104,600 $31,300 $73,300
2014 $873 $101,400 $33,300 $68,100
Source: Public Records

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