NOT LISTED FOR SALE

5973 Margate Ave Virginia Beach, VA 23462

Estimated Value: $198,000 - $233,038

3 Beds
3 Baths
1,512 Sq Ft
$146/Sq Ft Est. Value

About This Home

This home is located at 5973 Margate Ave, Virginia Beach, VA 23462 and is currently estimated at $220,010, approximately $145 per square foot. 5973 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
Dec 6, 2021
Sold by
Carey Cheryl F
Bought by
Ford Chris
Current Estimated Value
$220,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$118,970
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$97,997

Purchase Details

Closed on
Dec 9, 2009
Sold by
Sec Of Veterans Affairs
Bought by
Carey Cheryl F and Cathey Roy N E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,854
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2005
Sold by
Sandler Jacquiline
Bought by
Ducusin Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,192
Interest Rate
6.33%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ford Chris $160,000 Fidelity National Title
Ford Chris $160,000 Fidelity National Ttl Ins Co
Carey Cheryl F $112,900 --
Ducusin Lawrence $139,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Chris $128,000
Closed Ford Chris $128,000
Previous Owner Carey Cheryl F $110,854
Previous Owner Ducusin Lawrence $142,192
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 $1,785 $184,000 $62,000 $122,000
2023 $1,484 $149,900 $48,400 $101,500
2022 $1,527 $154,200 $48,400 $105,800
2021 $1,313 $132,600 $41,000 $91,600
2020 $1,246 $122,500 $38,000 $84,500
2019 $1,181 $113,900 $36,500 $77,400
2018 $1,142 $113,900 $36,500 $77,400
2017 $1,050 $104,700 $34,000 $70,700
2016 $1,074 $108,500 $34,000 $74,500
2015 $1,045 $105,600 $33,000 $72,600
2014 $876 $100,100 $34,200 $65,900
Source: Public Records

Map

Virginia Norfolk City County Virginia Beach 23462

5973 Margate Ave, Virginia Beach, VA

This home is located at 5973 Margate Ave, Virginia Beach, VA 23462 and is currently estimated at $220,010, approximately $145 per square foot. 5973 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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