1647 Ocean Bay Dr Virginia Beach, VA 23454
Virginia Beach Central Neighborhood
2
Beds
1
Bath
1,014
Sq Ft
1989
Built
Highlights
- Clubhouse
- End Unit
- Tennis Courts
- Ocean Lakes Elementary School Rated A-
- Community Pool
- En-Suite Primary Bedroom
About This Home
As of April 2025Welcome to 1647 Ocean Bay Drive! Second story condo with 2 bedrooms and 2 full bathrooms. One bedroom has it's own private bathroom and walk in closet. Fully equipped kitchen, and large living room with a wood burning fireplace. There are washer/dryer hookups in unit. This unit is in the Saddlewood Condos community also part of the Ocean Lakes Community offering a ton of amenities! 3 community pools, clubhouse, playground, tennis courts, ground maintenance, trash pickup, water and sewer. Located just 1 mile from the Dam Neck base and about 4 miles from Oceana Naval Base. Tons of shopping, grocery, and dining options available nearby.
Last Agent to Sell the Property
Iron Valley Real Estate Prestige Listed on: 03/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,818
Year Built
- Built in 1989
Lot Details
- End Unit
- Wood Fence
HOA Fees
- $310 Monthly HOA Fees
Home Design
- Property Attached
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- 1,014 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Washer and Dryer Hookup
Kitchen
- Electric Range
- <<microwave>>
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Parking
- 1 Car Parking Space
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Storage Shed
Schools
- Ocean Lakes Elementary School
- Corporate Landing Middle School
- Ocean Lakes High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Sewer Paid
Community Details
Overview
- Pma Community Management (757) 646 6247 Thinkpma.Com Association
- Low-Rise Condominium
- Ocean Lakes Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2025
Closed on
Apr 8, 2025
Sold by
Quality Capital Management Llc
Bought by
Kaplan Helen
Seller's Agent
Mellissa Hecker
Iron Valley Real Estate Prestige
Buyer's Agent
Paul Spektor
Garrett Realty Partners
List Price
$224,900
Sold Price
$225,000
Premium/Discount to List
$100
0.04%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.03%
Original Mortgage
$212,911
Outstanding Balance
$212,911
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$11,576
Purchase Details
Closed on
Jun 20, 2024
Sold by
Millen Lawrence E
Bought by
Quality Capital Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,550
Interest Rate
7.02%
Mortgage Type
Construction
Similar Homes in Virginia Beach, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $225,000 | Chicago Title | |
| Bargain Sale Deed | $150,000 | Old Republic National Title In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $212,911 | FHA | |
| Previous Owner | $142,550 | Construction | |
| Previous Owner | $50,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Rent | $1,900 | 0.0% | -- |
| 04/16/2025 04/16/25 | Sold | $225,000 | 0.0% | $222 / Sq Ft |
| 03/17/2025 03/17/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $224,900 | -- | $222 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 | $1,818 | $187,400 | $75,000 | $112,400 |
| 2023 | $1,628 | $164,400 | $66,000 | $98,400 |
| 2022 | $1,463 | $147,800 | $56,000 | $91,800 |
| 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
Agents Affiliated with this Home
-
Kris Weaver
K
Seller's Agent in 2025
Kris Weaver
Atlantic Sotheby's International Realty
(757) 777-9898
-
Mellissa Hecker
Seller's Agent in 2025
Mellissa Hecker
Iron Valley Real Estate Prestige
(757) 493-1682
4 in this area
76 Total Sales
-
Samantha McKinney
Seller Co-Listing Agent in 2025
Samantha McKinney
Atlantic Sotheby's International Realty
(757) 788-9321
-
Paul Spektor
P
Buyer's Agent in 2025
Paul Spektor
Garrett Realty Partners
(757) 343-8292
1 in this area
22 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10572855
APN: 2425-14-7771-9590
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