NOT LISTED FOR SALE

1037 Draketail Ln Unit 3A Virginia Beach, VA 23451

Birdneck Neighborhood

Estimated Value: $501,778 - $581,000

3 Beds
3 Baths
2,047 Sq Ft
$257/Sq Ft Est. Value

About This Home

This home is located at 1037 Draketail Ln Unit 3A, Virginia Beach, VA 23451 and is currently estimated at $526,945, approximately $257 per square foot. 1037 Draketail Ln Unit 3A 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
Jan 13, 2023
Sold by
Buchanan Brian Thomas
Bought by
Serrao James and Serrao Holly W
Current Estimated Value
$526,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,250
Outstanding Balance
$418,212
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$108,733

Purchase Details

Closed on
Jul 25, 2019
Sold by
Riolo Augustine G and Riolo Kathleen A
Bought by
Buchanan Brian Thomas and Montgomery Lynette Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 2012
Sold by
Linkhorn Crest Llc
Bought by
Riolo Augustine G and Riolo Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Serrao James $455,000 --
Buchanan Brian Thomas $350,000 Attorney
Riolo Augustine G $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrao James $432,250
Previous Owner Buchanan Brian Thomas $280,000
Previous Owner Riolo Augustine G $271,200
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
2025 $4,209 $444,000 $145,000 $299,000
2024 $4,209 $433,900 $145,000 $288,900
2023 $4,020 $406,100 $125,000 $281,100
2022 $3,726 $376,400 $115,000 $261,400
2021 $3,564 $360,000 $110,000 $250,000
2020 $3,258 $320,200 $110,000 $210,200
2019 $3,350 $326,400 $110,000 $216,400
2018 $3,272 $326,400 $110,000 $216,400
2017 $3,433 $342,400 $110,000 $232,400
2016 $3,141 $317,300 $99,300 $218,000
2015 $3,114 $314,500 $99,300 $215,200
2014 $2,797 $319,900 $110,800 $209,100
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Birdneck

1037 Draketail Ln Unit 3A, Virginia Beach, VA

This home is located at 1037 Draketail Ln Unit 3A, Virginia Beach, VA 23451 and is currently estimated at $526,945, approximately $257 per square foot. 1037 Draketail Ln Unit 3A 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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