NOT LISTED FOR SALE

1011 Backwoods Rd Virginia Beach, VA 23455

Cypress Point Neighborhood

Estimated Value: $338,000 - $355,000

3 Beds
3 Baths
1,935 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 1011 Backwoods Rd, Virginia Beach, VA 23455 and is currently estimated at $348,808, approximately $180 per square foot. 1011 Backwoods Rd is a home located in Virginia Beach City with nearby schools including Luxford Elementary School, Bayside 6th Grade Campus, and Bayside High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2024
Sold by
Martinez Modesto and Martinez Whitney P
Bought by
Wheeler Christopher D
Current Estimated Value
$341,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,725
Outstanding Balance
$331,449
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
$9,748

Purchase Details

Closed on
Oct 18, 2021
Sold by
Long Whitney P
Bought by
Martinez Modesto and Long Whitney P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,700
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2019
Sold by
Miller Charles
Bought by
Long Whitney P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,774
Interest Rate
4.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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

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
Wheeler Christopher D $325,000 Chicago Title
Martinez Modesto -- None Available
Long Whitney P $216,700 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Christopher D $335,725
Previous Owner Martinez Modesto $216,700
Previous Owner Long Whitney P $7,661
Previous Owner Long Whitney P $212,774
Previous Owner Miller Charles $113,500
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 $2,817 $290,400 $110,000 $180,400
2023 $2,588 $261,400 $80,000 $181,400
2022 $2,298 $232,100 $69,000 $163,100
2021 $2,141 $216,300 $64,000 $152,300
2020 $2,159 $212,200 $60,000 $152,200
2019 $1,894 $175,300 $60,000 $115,300
2018 $1,757 $175,300 $60,000 $115,300
2017 $1,766 $176,200 $58,000 $118,200
2016 $1,677 $169,400 $57,500 $111,900
2015 $1,661 $167,800 $57,500 $110,300
2014 $1,696 $166,500 $63,900 $102,600
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23455 Cypress Point

1011 Backwoods Rd, Virginia Beach, VA

This home is located at 1011 Backwoods Rd, Virginia Beach, VA 23455 and is currently estimated at $348,808, approximately $180 per square foot. 1011 Backwoods Rd is a home located in Virginia Beach City with nearby schools including Luxford Elementary School, Bayside 6th Grade Campus, and Bayside High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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