NOT LISTED FOR SALE

Estimated Value: $583,000 - $628,000

4 Beds
3 Baths
2,086 Sq Ft
$286/Sq Ft Est. Value

About This Home

This home is located at 701 Pelham Place, Virginia Beach, VA 23452 and is currently estimated at $595,904, approximately $285 per square foot. 701 Pelham Place is a home located in Virginia Beach City with nearby schools including Kingston Elementary School, Lynnhaven Middle School, and First Colonial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Matthews Christopher T and Matthews Jennifer M
Bought by
Lee Matthew J and Scott Monica J
Current Estimated Value
$595,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,150
Outstanding Balance
$503,427
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$92,477

Purchase Details

Closed on
Dec 5, 2019
Sold by
Fall David C and Fall Marti S
Bought by
Matthews Christopher T and Matthews Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2005
Sold by
Paluso Doris
Bought by
Fall David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2002
Sold by
Miller Anthony W
Bought by
Paluso Doris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,012
Interest Rate
6.36%

Purchase Details

Closed on
Aug 28, 2001
Sold by
Deborah L Apple
Bought by
Miller Anthony W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,643
Interest Rate
7.06%

Purchase Details

Closed on
Jul 7, 2000
Sold by
Morningred Patrick T
Bought by
Apple Jesse A

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
Interest Rate
8.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Lee Matthew J $599,000 Landmark Title
Matthews Christopher T $345,000 Va Home Title & Stlmnts Llc
Fall David $320,000 --
Paluso Doris M $186,900 --
Miller Anthony W $173,000 --
Apple Jesse A $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Matthew J $509,150
Previous Owner Matthews Christopher T $276,000
Previous Owner Fall David $155,000
Previous Owner Paluso Doris M $184,012
Previous Owner Miller Anthony W $171,643
Previous Owner Apple Jesse A $128,000
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
2025 $4,402 $575,300 $284,400 $290,900
2024 $4,402 $453,800 $284,400 $169,400
2023 $3,979 $401,900 $246,800 $155,100
2022 $3,805 $384,300 $235,000 $149,300
2021 $3,381 $341,500 $195,100 $146,400
2020 $3,402 $334,300 $195,100 $139,200
2019 $3,318 $321,300 $192,700 $128,600
2018 $3,221 $321,300 $192,700 $128,600
2017 $3,125 $311,700 $188,000 $123,700
2016 $3,086 $311,700 $188,000 $123,700
2015 $3,089 $312,000 $188,000 $124,000
2014 $2,695 $305,700 $190,400 $115,300
Source: Public Records

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