NOT LISTED FOR SALE

1612 Mediterranean Ave Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $587,000 - $812,000

3 Beds
4 Baths
2,132 Sq Ft
$318/Sq Ft Est. Value

About This Home

This home is located at 1612 Mediterranean Ave, Virginia Beach, VA 23451 and is currently estimated at $677,525, approximately $317 per square foot. 1612 Mediterranean Ave is a home located in Virginia Beach City with nearby schools including W.T. Cooke Elementary School, Virginia Beach Middle School, and First Colonial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2005
Sold by
Newbern Leonard
Bought by
Weston Gordon
Current Estimated Value
$677,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 1999
Sold by
Rickman Cynthia K
Bought by
Newbern Ii Leonard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,850
Interest Rate
7.81%
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

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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
Newbern Ii Leonard T $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weston Paul $160,000
Closed Weston Paul $216,000
Closed Weston Gordon $205,000
Previous Owner Newbern Ii Leonard T $162,850
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 $6,454 $665,400 $360,000 $305,400
2023 $6,250 $631,300 $360,000 $271,300
2022 $6,126 $618,800 $337,500 $281,300
2021 $5,631 $568,800 $337,500 $231,300
2020 $4,824 $474,100 $221,300 $252,800
2019 $4,053 $379,500 $221,300 $158,200
2018 $3,804 $379,500 $221,300 $158,200
2017 $3,842 $383,200 $212,800 $170,400
2016 $3,432 $346,700 $212,800 $133,900
2015 $3,591 $362,700 $218,100 $144,600
2014 $3,355 $345,700 $218,100 $127,600
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

1612 Mediterranean Ave, Virginia Beach, VA

This home is located at 1612 Mediterranean Ave, Virginia Beach, VA 23451 and is currently estimated at $677,525, approximately $317 per square foot. 1612 Mediterranean Ave is a home located in Virginia Beach City with nearby schools including W.T. Cooke Elementary School, Virginia Beach Middle School, and First Colonial High School.

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