NOT LISTED FOR SALE

747 Gemstone Ln Virginia Beach, VA 23462

Estimated Value: $214,000 - $230,566

2 Beds
3 Baths
1,148 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 747 Gemstone Ln, Virginia Beach, VA 23462 and is currently estimated at $221,892, approximately $193 per square foot. 747 Gemstone Ln is a home located in Virginia Beach 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
Oct 8, 2020
Sold by
Penzien Craig Allen
Bought by
Penzien Properties Llc
Current Estimated Value
$221,518

Purchase Details

Closed on
Jul 31, 2020
Sold by
Melfy Amy Lee and Estate Of Andrea D Rutledge
Bought by
Penzien Craig Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2008
Sold by
Barr Debbie Y
Bought by
Rutledge Andrea D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2002
Sold by
Bush Nancy A
Bought by
Barr Debbie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,117
Interest Rate
6.79%
Mortgage Type
New Conventional
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Penzien Properties Llc -- Priority Title And Escrow
Penzien Craig Allen $130,000 Fidelity National Title Ins
Rutledge Andrea D $166,000 --
Barr Debbie Y $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penzien Craig Allen $123,500
Previous Owner Rutledge Andrea D $132,800
Previous Owner Barr Debbie Y $71,117
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 $1,977 $203,800 $70,000 $133,800
2023 $1,698 $171,500 $60,000 $111,500
2022 $1,536 $155,200 $50,000 $105,200
2021 $1,365 $137,900 $40,000 $97,900
2020 $1,314 $129,100 $36,000 $93,100
2019 $1,025 $102,200 $32,000 $70,200
2018 $1,025 $102,200 $32,000 $70,200
2017 $932 $93,000 $29,000 $64,000
2016 -- $75,100 $26,000 $49,100
2015 -- $68,100 $23,200 $44,900
2014 $1,176 $65,100 $25,200 $39,900
Source: Public Records

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