NOT LISTED FOR SALE

5972 Margate Ave Virginia Beach, VA 23462

Estimated Value: $160,000 - $232,000

3 Beds
2 Baths
1,260 Sq Ft
$164/Sq Ft Est. Value

About This Home

This home is located at 5972 Margate Ave, Virginia Beach, VA 23462 and is currently estimated at $206,240, approximately $163 per square foot. 5972 Margate Ave is a home located in Norfolk 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
Sep 30, 1999
Sold by
Lacerna Rosalie V
Bought by
Mckinney William T
Current Estimated Value
$206,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,350
Outstanding Balance
$21,710
Interest Rate
7.85%
Estimated Equity
$192,025

Purchase Details

Closed on
Jan 29, 1999
Sold by
Morgan Associates 85
Bought by
Lacerna Rosalie V
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Mckinney William T $62,900 --
Lacerna Rosalie V $32,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinney William T $62,350
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 $1,603 $165,300 $62,000 $103,300
2023 $1,330 $134,300 $48,400 $85,900
2022 $1,366 $138,000 $48,400 $89,600
2021 $1,173 $118,500 $41,000 $77,500
2020 $1,114 $109,500 $38,000 $71,500
2019 $1,064 $102,500 $36,500 $66,000
2018 $1,028 $102,500 $36,500 $66,000
2017 $945 $94,300 $34,000 $60,300
2016 $966 $97,600 $34,000 $63,600
2015 $940 $94,900 $33,000 $61,900
2014 $787 $90,100 $34,200 $55,900
Source: Public Records

Map

Virginia Norfolk City County Virginia Beach 23462

5972 Margate Ave, Virginia Beach, VA

This home is located at 5972 Margate Ave, Virginia Beach, VA 23462 and is currently estimated at $206,240, approximately $163 per square foot. 5972 Margate Ave is a home located in Norfolk City with nearby schools including Bettie F. Williams Elementary, Newtown Elementary School, and Diamond Springs Elementary School.

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