NOT LISTED FOR SALE

622 Terrace Ave Virginia Beach, VA 23451

Shadowlawn Neighborhood

Estimated Value: $631,000 - $650,000

3 Beds
3 Baths
2,043 Sq Ft
$313/Sq Ft Est. Value

About This Home

This home is located at 622 Terrace Ave, Virginia Beach, VA 23451 and is currently estimated at $639,417, approximately $312 per square foot. 622 Terrace Ave is a home located in Virginia Beach City with nearby schools including W.T. Cooke Elementary School, Virginia Beach Middle School, and First Colonial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Lavin Mark J and Lavin Stephanie J
Bought by
Hunter Willie Ronald and Hunter Brenda Gail
Current Estimated Value
$639,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Outstanding Balance
$404,451
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$302,136

Purchase Details

Closed on
May 9, 2006
Sold by
Lachance Bruce
Bought by
Lavin Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2002
Sold by
Schaeffer Patricia B
Bought by
Lachance Bruce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,700
Interest Rate
6.55%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Clements Thomas E
Bought by
Schaeffer Patricia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
6.85%

Purchase Details

Closed on
Mar 17, 2000
Sold by
Appolloni Vincent M
Bought by
Clements Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
8.24%
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
Lavin Mark $440,000 --
Lachance Bruce R $215,000 --
Schaeffer Patricia B $199,900 --
Clements Thomas E $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavin Mark $350,400
Previous Owner Lachance Bruce R $209,700
Previous Owner Schaeffer Patricia B $147,900
Previous Owner Clements Thomas E $175,750
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 $4,864 $501,400 $225,000 $276,400
2023 $5,114 $516,600 $190,000 $326,600
2022 $4,613 $466,000 $190,000 $276,000
2021 $3,930 $397,000 $180,000 $217,000
2020 $3,723 $365,900 $182,000 $183,900
2019 $3,615 $355,300 $182,000 $173,300
2018 $3,562 $355,300 $182,000 $173,300
2017 $3,460 $345,100 $176,800 $168,300
2016 $3,653 $369,000 $195,000 $174,000
2015 $3,653 $369,000 $195,000 $174,000
2014 $3,126 $367,900 $208,000 $159,900
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Shadowlawn

622 Terrace Ave, Virginia Beach, VA

This home is located at 622 Terrace Ave, Virginia Beach, VA 23451 and is currently estimated at $639,417, approximately $312 per square foot. 622 Terrace Ave is a home located in Virginia Beach City with nearby schools including W.T. Cooke Elementary School, Virginia Beach Middle School, and First Colonial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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