NOT LISTED FOR SALE

1642 Wright Ln Virginia Beach, VA 23451

Great Neck Neighborhood

Estimated Value: $730,000 - $942,000

3 Beds
1 Bath
1,466 Sq Ft
$591/Sq Ft Est. Value

About This Home

This home is located at 1642 Wright Ln, Virginia Beach, VA 23451 and is currently estimated at $865,811, approximately $590 per square foot. 1642 Wright Ln is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Virginia Beach Middle School, and First Colonial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
Schulz Robert A and Schulz Elizabeth V
Bought by
Schulz Elizabeth V
Current Estimated Value
$865,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,180
Outstanding Balance
$282,682
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$613,934

Purchase Details

Closed on
Jan 24, 2023
Sold by
Signature Home Builders Inc
Bought by
Schulz Robert A and Schulz Elizabeth V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.31%
Mortgage Type
VA

Purchase Details

Closed on
May 5, 2021
Sold by
Crain Deborah Lynne and Harris Deborah L
Bought by
Signature Home Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
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
Schulz Elizabeth V -- Equity Title
Schulz Robert A $750,000 --
Signature Home Builders Inc $292,500 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulz Elizabeth V $284,180
Previous Owner Schulz Robert A $270,000
Previous Owner Signature Home Builders Inc $240,000
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 $6,604 $680,800 $152,000 $528,800
2023 $5,491 $554,600 $145,000 $409,600
2022 $1,267 $128,000 $128,000 $0
2021 $2,206 $222,800 $127,000 $95,800
2020 $2,267 $222,800 $127,000 $95,800
2019 $2,155 $210,300 $125,000 $85,300
2018 $2,108 $210,300 $125,000 $85,300
2017 $1,853 $184,800 $105,000 $79,800
2016 $1,888 $190,700 $105,000 $85,700
2015 $1,852 $187,100 $105,000 $82,100
2014 $1,715 $185,700 $114,800 $70,900
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Great Neck

1642 Wright Ln, Virginia Beach, VA

This home is located at 1642 Wright Ln, Virginia Beach, VA 23451 and is currently estimated at $865,811, approximately $590 per square foot. 1642 Wright Ln is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Virginia Beach Middle School, and First Colonial High School.

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