NOT LISTED FOR SALE

5978 Margate Ave Virginia Beach, VA 23462

Estimated Value: $211,000 - $229,000

3 Beds
2 Baths
1,260 Sq Ft
$175/Sq Ft Est. Value

About This Home

This home is located at 5978 Margate Ave, Virginia Beach, VA 23462 and is currently estimated at $220,777, approximately $175 per square foot. 5978 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 22, 2022
Sold by
Bridges Brandon and Bridges Esther D
Bought by
Nbs Estate Management Llc
Current Estimated Value
$211,612

Purchase Details

Closed on
Dec 21, 2021
Sold by
Tatarian Michael R and Tatarian Joanne P
Bought by
Bridges Brandon and Bridges Esther D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2016
Sold by
Orbeta Buenaventura P and Orbeta Nelia A
Bought by
Tatarian Michael R and Tatarian Joanne P
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
Nbs Estate Management Llc -- --
Bridges Brandon $177,000 Stewart Title Guaranty Co
Tatarian Michael R $80,000 Advance Title & Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bridges Brandon $139,200
Previous Owner Orbeta Buenaventura P $36,000
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 $1,848 $190,500 $62,000 $128,500
2023 $1,537 $155,300 $48,400 $106,900
2022 $1,537 $155,300 $48,400 $106,900
2021 $1,193 $120,500 $41,000 $79,500
2020 $1,132 $111,300 $38,000 $73,300
2019 $1,081 $104,000 $36,500 $67,500
2018 $1,043 $104,000 $36,500 $67,500
2017 $959 $95,700 $34,000 $61,700
2016 $981 $99,100 $34,000 $65,100
2015 $954 $96,400 $33,000 $63,400
2014 $808 $92,600 $35,100 $57,500
Source: Public Records

Map

Virginia Norfolk City County Virginia Beach 23462

5978 Margate Ave, Virginia Beach, VA

This home is located at 5978 Margate Ave, Virginia Beach, VA 23462 and is currently estimated at $220,777, approximately $175 per square foot. 5978 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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