NOT LISTED FOR SALE

1602 Ocean Bay Dr Virginia Beach, VA 23454

Virginia Beach Central Neighborhood

Estimated Value: $220,000 - $234,000

2 Beds
2 Baths
1,014 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 1602 Ocean Bay Dr, Virginia Beach, VA 23454 and is currently estimated at $224,450, approximately $221 per square foot. 1602 Ocean Bay Dr is a home located in Virginia Beach City with nearby schools including Ocean Lakes Elementary School, Corporate Landing Middle School, and Ocean Lakes High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2021
Sold by
Gardner Carrie
Bought by
Bosley Richard
Current Estimated Value
$224,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,030
Outstanding Balance
$108,154
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$116,296

Purchase Details

Closed on
Dec 1, 2005
Sold by
Mistichelli Maria
Bought by
Gardner Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2003
Sold by
Rozzell Stephanie
Bought by
Mistichelli John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,960
Interest Rate
5.84%
Mortgage Type
FHA
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

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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
Bosley Richard $166,000 Fidelity National Ttl Ins Co
Gardner Carrie $140,000 --
Mistichelli John $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bosley Richard $118,030
Previous Owner Gardner Carrie $112,000
Previous Owner Mistichelli John $65,960
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 $1,846 $199,800 $75,000 $124,800
2024 $1,846 $190,300 $75,000 $115,300
2023 $1,677 $169,400 $66,000 $103,400
2022 $1,509 $152,400 $56,000 $96,400
2021 $1,282 $129,500 $46,000 $83,500
2020 $1,248 $122,700 $37,900 $84,800
2019 $1,210 $113,000 $37,900 $75,100
2018 $1,133 $113,000 $37,900 $75,100
2017 $1,099 $109,600 $37,900 $71,700
2016 $1,055 $106,600 $34,900 $71,700
2015 $1,004 $101,400 $33,500 $67,900
2014 $874 $94,000 $36,400 $57,600
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Virginia Beach Central

1602 Ocean Bay Dr, Virginia Beach, VA

This home is located at 1602 Ocean Bay Dr, Virginia Beach, VA 23454 and is currently estimated at $224,450, approximately $221 per square foot. 1602 Ocean Bay Dr is a home located in Virginia Beach City with nearby schools including Ocean Lakes Elementary School, Corporate Landing Middle School, and Ocean Lakes High School.

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