NOT LISTED FOR SALE

801 Terrace Ave Virginia Beach, VA 23451

Shadowlawn Neighborhood

Estimated Value: $566,000 - $635,143

3 Beds
2 Baths
1,080 Sq Ft
$565/Sq Ft Est. Value

About This Home

This home is located at 801 Terrace Ave, Virginia Beach, VA 23451 and is currently estimated at $610,036, approximately $564 per square foot. 801 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
Jun 6, 2023
Sold by
Abrams Larry J
Bought by
Helm Tyler
Current Estimated Value
$610,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$469,759
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$135,941

Purchase Details

Closed on
Oct 16, 1998
Sold by
Perry Julian Lee
Bought by
Abrams Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.8%
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
Helm Tyler $550,000 Priority Title & Escrow
Abrams Larry J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helm Tyler $480,000
Previous Owner Abrams Larry J $88,000
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
2024 $5,712 $588,900 $417,500 $171,400
2023 $4,258 $430,100 $326,600 $103,500
2022 $3,656 $369,300 $249,900 $119,400
2021 $3,465 $350,000 $238,600 $111,400
2020 $3,426 $336,700 $232,900 $103,800
2019 $3,367 $326,100 $232,900 $93,200
2018 $3,269 $326,100 $232,900 $93,200
2017 $3,213 $320,500 $232,900 $87,600
2016 $2,905 $293,400 $218,700 $74,700
2015 $4,930 $316,800 $241,400 $75,400
2014 $4,354 $300,600 $235,700 $64,900
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Shadowlawn

801 Terrace Ave, Virginia Beach, VA

This home is located at 801 Terrace Ave, Virginia Beach, VA 23451 and is currently estimated at $610,036, approximately $564 per square foot. 801 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.

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