NOT LISTED FOR SALE

1169 Nimmo Pkwy Virginia Beach, VA 23456

Virginia Beach Central Neighborhood
-- Bed
-- Bath
147,757 Sq Ft
15.74 Acres

About This Home

This home is located at 1169 Nimmo Pkwy, Virginia Beach, VA 23456. 1169 Nimmo Pkwy is a home located in Virginia Beach City with nearby schools including Three Oaks Elementary School, Princess Anne Middle School, and Floyd E. Kellam High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2019
Sold by
Lake Gem Ii Llc
Bought by
Red Mill West Llc

Purchase Details

Closed on
Jun 13, 2001
Sold by
Lakeside Swinson Note Llc
Bought by
Lake Gem Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,055,000
Interest Rate
7.15%
Mortgage Type
Commercial
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
Red Mill West Llc $28,302,372 Equity Title Co Of Vb Llc
Lake Gem Llc $2,250,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake Gem Llc $17,055,000
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
2025 $205,221 $21,205,000 $6,515,300 $14,689,700
2024 $205,221 $21,156,800 $6,515,300 $14,641,500
2023 $208,850 $21,096,000 $6,515,300 $14,580,700
2022 $173,472 $17,522,400 $6,515,300 $11,007,100
2021 $216,836 $21,902,600 $6,515,300 $15,387,300
2020 $254,904 $25,052,000 $6,515,300 $18,536,700
2019 $253,435 $25,582,200 $6,515,300 $19,066,900
2018 $256,462 $25,582,200 $6,515,300 $19,066,900
2017 $223,281 $22,272,400 $6,515,300 $15,757,100
2016 $225,727 $22,800,700 $6,515,300 $16,285,400
2015 $225,727 $22,800,700 $6,515,300 $16,285,400
2014 $174,760 $20,395,900 $5,486,500 $14,909,400
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Virginia Beach Central

1169 Nimmo Pkwy, Virginia Beach, VA

This home is located at 1169 Nimmo Pkwy, Virginia Beach, VA 23456. 1169 Nimmo Pkwy is a home located in Virginia Beach City with nearby schools including Three Oaks Elementary School, Princess Anne Middle School, and Floyd E. Kellam High School.

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