NOT LISTED FOR SALE

1501 Quail Point Rd Virginia Beach, VA 23454

Great Neck Neighborhood

Estimated Value: $1,529,000 - $2,870,000

3 Beds
3 Baths
3,700 Sq Ft
$631/Sq Ft Est. Value

About This Home

This home is located at 1501 Quail Point Rd, Virginia Beach, VA 23454 and is currently estimated at $2,335,525, approximately $631 per square foot. 1501 Quail Point 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
Mar 4, 2021
Sold by
Chen Wei
Bought by
Chen Wei and Chen Erika
Current Estimated Value
$2,335,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,850,030
Interest Rate
4.25%
Mortgage Type
Construction
Estimated Equity
$485,495

Purchase Details

Closed on
Jul 9, 2018
Sold by
Absalom Linda Foster
Bought by
Chen Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

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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
Chen Wei -- None Listed On Document
Chen Wei -- None Available
Chen Wei $930,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Wei $2,000,000
Closed Chen Wei $2,000,000
Previous Owner Chen Wei $744,000
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 $18,148 $2,022,600 $1,046,900 $975,700
2024 $18,148 $1,870,900 $997,500 $873,400
2023 $17,156 $1,732,900 $950,000 $782,900
2022 $14,069 $1,421,100 $805,100 $616,000
2021 $9,136 $922,800 $697,000 $225,800
2020 $8,411 $826,600 $697,000 $129,600
2019 $9,419 $1,121,900 $1,017,500 $104,400
2018 $12,710 $1,267,800 $1,017,500 $250,300
2017 $12,710 $1,267,800 $1,017,500 $250,300
2016 $12,315 $1,243,900 $1,017,500 $226,400
2015 $11,554 $1,167,100 $951,000 $216,100
2014 $9,400 $1,076,300 $874,900 $201,400
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Great Neck

1501 Quail Point Rd, Virginia Beach, VA

This home is located at 1501 Quail Point Rd, Virginia Beach, VA 23454 and is currently estimated at $2,335,525, approximately $631 per square foot. 1501 Quail Point 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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