NOT LISTED FOR SALE

1201 First Colonial Rd Virginia Beach, VA 23454

Great Neck Neighborhood

Estimated Value: $9,510,940

-- Bed
-- Bath
14,768 Sq Ft
$644/Sq Ft Est. Value

About This Home

This home is located at 1201 First Colonial Rd, Virginia Beach, VA 23454 and is currently estimated at $9,510,940, approximately $644 per square foot. 1201 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
Jun 9, 2001
Sold by
Realneat Llc
Bought by
R Joy Llc
Current Estimated Value
$9,510,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,371,000
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 1999
Sold by
W F C L L C
Bought by
Real Neat L L C
Source: Public Records

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
R Joy Llc $3,043,000 --
Real Neat L L C $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cebien Llc $1,700,000
Previous Owner R Joy Llc $1,371,000
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 $31,702 $3,268,200 $814,200 $2,454,000
2023 $31,610 $3,192,900 $814,200 $2,378,700
2022 $31,233 $3,154,800 $814,200 $2,340,600
2021 $31,343 $3,166,000 $853,000 $2,313,000
2020 $32,780 $3,221,600 $875,000 $2,346,600
2019 $32,859 $3,155,300 $837,000 $2,318,300
2018 $31,632 $3,155,300 $837,000 $2,318,300
2017 $32,236 $3,215,600 $837,000 $2,378,600
2016 $31,071 $3,138,500 $791,300 $2,347,200
2015 $30,943 $3,125,600 $772,800 $2,352,800
2014 $28,142 $3,105,100 $749,700 $2,355,400
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Great Neck

1201 First Colonial Rd, Virginia Beach, VA

This home is located at 1201 First Colonial Rd, Virginia Beach, VA 23454 and is currently estimated at $9,510,940, approximately $644 per square foot. 1201 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.

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