724 Severn Dr Virginia Beach, VA 23455
Pembroke NeighborhoodEstimated Value: $474,000 - $500,000
5
Beds
3
Baths
2,515
Sq Ft
$194/Sq Ft
Est. Value
About This Home
This home is located at 724 Severn Dr, Virginia Beach, VA 23455 and is currently estimated at $488,298, approximately $194 per square foot. 724 Severn Dr is a home located in Virginia Beach City with nearby schools including Pembroke Meadows Elementary School, Independence Middle School, and Princess Anne High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 15, 2009
Sold by
Lewis Sherry D
Bought by
Lovejoy Michael P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2001
Sold by
Garcia Mickey H
Bought by
Lewis Nathan T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.96%
Purchase Details
Closed on
Jan 9, 2001
Sold by
Opportunity Funding I L
Bought by
Garcia Mickey H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.52%
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 |
---|---|---|---|
Lovejoy Michael P | $285,000 | -- | |
Lewis Nathan T | $154,000 | -- | |
Garcia Mickey H | $114,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lovejoy Michael P | $219,600 | |
Closed | Lovejoy Michael P | $228,000 | |
Previous Owner | Lewis Nathan T | $154,000 | |
Previous Owner | Garcia Mickey H | $134,000 |
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 |
---|---|---|---|---|
2024 | $3,528 | $363,700 | $142,600 | $221,100 |
2023 | $3,487 | $352,200 | $142,600 | $209,600 |
2022 | $3,074 | $310,500 | $124,000 | $186,500 |
2021 | $2,763 | $279,100 | $104,200 | $174,900 |
2020 | $2,773 | $272,500 | $104,200 | $168,300 |
2019 | $2,842 | $268,600 | $96,700 | $171,900 |
2018 | $2,693 | $268,600 | $96,700 | $171,900 |
2017 | $2,718 | $271,100 | $99,200 | $171,900 |
2016 | $2,573 | $259,900 | $99,200 | $160,700 |
2015 | $2,445 | $247,000 | $99,200 | $147,800 |
2014 | $2,279 | $245,000 | $110,400 | $134,600 |
Source: Public Records
Map
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