NOT LISTED FOR SALE

3023 Little Island Rd Virginia Beach, VA 23456

Sandbridge Neighborhood

Estimated Value: $1,209,000 - $1,275,000

5 Beds
3 Baths
2,022 Sq Ft
$614/Sq Ft Est. Value

About This Home

This home is located at 3023 Little Island Rd, Virginia Beach, VA 23456 and is currently estimated at $1,240,663, approximately $613 per square foot. 3023 Little Island Rd is a home located in Virginia Beach City with nearby schools including Red Mill Elementary School, Princess Anne Middle School, and Floyd E. Kellam High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Terapane John and Terapane Mary Ann
Bought by
Timothy And Catherine Ferramosca Revocable Tr and Ferramosca
Current Estimated Value
$1,240,663

Purchase Details

Closed on
Dec 3, 2015
Sold by
Terapane John and Terapane Mary Ann
Bought by
The John F Terapane Trust Dated October

Purchase Details

Closed on
Oct 30, 2013
Sold by
Monsell David and Monsell Timothy
Bought by
Terapane John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2004
Sold by
Kelly William M
Bought by
Monsell David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2000
Sold by
Cross Angela A
Bought by
Kelly William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.3%

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
Timothy And Catherine Ferramosca Revocable Tr $1,100,000 First American Title
Terapane John $500,000 --
Monsell David $629,000 --
Kelly William H $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timothy $450,000
Previous Owner Terapane John $356,593
Previous Owner Terapane John $400,000
Previous Owner Monsell David $500,000
Previous Owner Kelly William H $220,000
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 $9,762 $996,100 $601,000 $395,100
2023 $7,481 $755,700 $510,000 $245,700
2022 $6,102 $604,200 $355,000 $249,200
2021 $5,682 $573,900 $330,000 $243,900
2020 $5,872 $555,300 $330,000 $225,300
2019 $5,629 $518,900 $313,000 $205,900
2018 $5,202 $518,900 $313,000 $205,900
2017 $5,513 $518,900 $313,000 $205,900
2016 $5,416 $515,800 $308,000 $207,800
2015 $5,172 $492,600 $295,000 $197,600
2014 $4,303 $468,800 $293,000 $175,800
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23456 Sandbridge

3023 Little Island Rd, Virginia Beach, VA

Homes for Sale in Virginia Beach, VA

This home is located at 3023 Little Island Rd, Virginia Beach, VA 23456 and is currently estimated at $1,240,663, approximately $613 per square foot. 3023 Little Island Rd is a home located in Virginia Beach City with nearby schools including Red Mill Elementary School, Princess Anne Middle School, and Floyd E. Kellam High School.

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