1008 First Colonial Rd Virginia Beach, VA 23454
Great Neck Neighborhood
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                5,386
                Sq Ft
            
            
                    
                        0.5
                        Acres
                    
                    
        
    
    
About This Home
This home is located at 1008 First Colonial Rd, Virginia Beach, VA 23454. 1008 First Colonial Rd is a home located in Virginia Beach City with nearby schools including Alanton Elementary School, Lynnhaven Middle School, and First Colonial High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Feb 26, 2020
            
        
                Sold by
            
            
                Wildwood Medical Building Associates Llc
            
        
                Bought by
            
            
                Coastal P & O Hilltop Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $1,062,500
            
        
                Outstanding Balance
            
            
                $940,769
            
        
                Interest Rate
            
            
                3.6%
            
        
                Mortgage Type
            
            
                Commercial
            
        Purchase Details
                Closed on
            
            
                Jul 6, 2017
            
        
                Sold by
            
            
                Wildwood Medical Building Associates A V
            
        
                Bought by
            
            
                Wildwood Medica Building Associates Llc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Coastal P & O Hilltop Llc | $980,000 | Bridgetrust Title Group | |
| Wildwood Medica Building Associates Llc | -- | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Coastal P & O Hilltop Llc | $1,062,500 | 
                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 | 
|---|---|---|---|---|
| 2025 | $10,928 | $1,127,200 | $430,200 | $697,000 | 
| 2024 | $10,928 | $1,126,600 | $430,200 | $696,400 | 
| 2023 | $11,207 | $1,132,000 | $430,200 | $701,800 | 
| 2022 | $10,897 | $1,100,700 | $430,200 | $670,500 | 
| 2021 | $11,285 | $1,139,900 | $450,700 | $689,200 | 
| 2020 | $11,934 | $1,172,900 | $471,100 | $701,800 | 
| 2019 | $10,047 | $974,900 | $450,700 | $524,200 | 
| 2018 | $9,773 | $974,900 | $450,700 | $524,200 | 
| 2017 | $9,731 | $970,700 | $450,700 | $520,000 | 
| 2016 | $9,330 | $942,400 | $426,100 | $516,300 | 
| 2015 | $9,546 | $964,200 | $426,100 | $538,100 | 
| 2014 | $9,081 | $979,800 | $426,100 | $553,700 | 
                Source: Public Records
                    
            
        Map
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