NOT LISTED FOR SALE

1501 Old Virginia Beach Rd Virginia Beach, VA 23454

Oceana Neighborhood

Estimated Value: $403,000 - $455,000

4 Beds
4 Baths
2,016 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 1501 Old Virginia Beach Rd, Virginia Beach, VA 23454 and is currently estimated at $423,560, approximately $210 per square foot. 1501 Old Virginia Beach Rd is a home located in Virginia Beach City with nearby schools including Birdneck Elementary School, Lynnhaven Middle School, and First Colonial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Liyanaarachchi Aruna
Bought by
Foggy Frog Realty Inc
Current Estimated Value
$423,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2021
Sold by
Neal John Y and Robins Willard M
Bought by
Liyanaarachchi Aruna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Leonard Dennis S
Bought by
Neal John Y and Robins Jr Willard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2000
Sold by
Newton Bryan C
Bought by
Leonard P Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
8.48%

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
Foggy Frog Realty Inc -- Linear Title And Escrow Llc
Liyanaarachchi Aruna $340,000 Linear Title And Escrow Llc
Neal John Y $243,750 --
Leonard P Scott $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liyanaarachchi Aruna $247,500
Previous Owner Neal John Y $168,800
Previous Owner Neal John Y $195,000
Previous Owner Leonard P Scott $109,900
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 $3,730 $384,500 $136,100 $248,400
2023 $3,375 $340,900 $105,400 $235,500
2022 $3,131 $316,300 $91,300 $225,000
2021 $2,545 $257,100 $88,700 $168,400
2020 $2,325 $228,500 $67,500 $161,000
2019 $2,193 $220,900 $67,500 $153,400
2018 $2,215 $220,900 $67,500 $153,400
2017 $2,155 $215,000 $65,700 $149,300
2016 $2,384 $240,800 $83,700 $157,100
2015 $2,218 $224,000 $83,700 $140,300
2014 $1,918 $214,600 $90,900 $123,700
Source: Public Records

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