616 Cedar Ln Virginia Beach, VA 23452
Little Neck NeighborhoodEstimated Value: $557,000 - $668,065
4
Beds
2
Baths
2,448
Sq Ft
$247/Sq Ft
Est. Value
About This Home
This home is located at 616 Cedar Ln, Virginia Beach, VA 23452 and is currently estimated at $605,516, approximately $247 per square foot. 616 Cedar Ln is a home located in Virginia Beach City with nearby schools including Thalia Elementary School, Independence Middle School, and Princess Anne High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 17, 2023
Sold by
Shepherd Patricia A
Bought by
Patricia A Shepherd Revocable Trust and Shepherd
Current Estimated Value
Purchase Details
Closed on
Jun 12, 2002
Sold by
Lomaz Terry R
Bought by
Shepherd Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
6.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 2001
Sold by
Wilkerson T Randy
Bought by
Lomax Terry R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,062
Interest Rate
7.39%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Patricia A Shepherd Revocable Trust | -- | None Listed On Document | |
Shepherd Patricia A | $286,000 | -- | |
Lomax Terry R | $253,750 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Shepherd Patricia A | $228,800 | |
Previous Owner | Lomax Terry R | $241,062 |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2025 | $5,490 | $599,200 | $236,000 | $363,200 |
2024 | $5,490 | $566,000 | $236,000 | $330,000 |
2023 | $5,350 | $540,400 | $216,000 | $324,400 |
2022 | $4,913 | $496,300 | $206,000 | $290,300 |
2021 | $4,447 | $449,200 | $164,000 | $285,200 |
2020 | $4,275 | $420,100 | $164,000 | $256,100 |
2019 | $4,397 | $423,100 | $160,000 | $263,100 |
2018 | $4,242 | $423,100 | $160,000 | $263,100 |
2017 | $4,061 | $405,100 | $152,000 | $253,100 |
2016 | $3,918 | $395,800 | $152,000 | $243,800 |
2015 | $3,791 | $382,900 | $152,000 | $230,900 |
2014 | $3,357 | $361,000 | $152,000 | $209,000 |
Source: Public Records
Map
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