1687 Ocean Bay Dr Virginia Beach, VA 23454
Virginia Beach Central NeighborhoodEstimated Value: $271,174 - $274,000
            
                2
                Beds
            
            
            
                3
                Baths
            
            
            
                1,354
                Sq Ft
            
            
                
                    $201/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1687 Ocean Bay Dr, Virginia Beach, VA 23454 and is currently estimated at $272,544, approximately $201 per square foot. 1687 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
            
            
                Feb 9, 2001
            
        
                Sold by
            
            
                Michael Jordan Div Invest
            
        
                Bought by
            
            
                Solheim Erika K and Solheim Constance M
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $70,350
            
        
                Outstanding Balance
            
            
                $25,506
            
        
                Interest Rate
            
            
                7.13%
            
        
                Estimated Equity
            
            
                $247,038
            
        Purchase Details
                Closed on
            
            
                Oct 18, 2000
            
        
                Sold by
            
            
                Sec Of H U D
            
        
                Bought by
            
            
                Michael Jordan Diversified Inv
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $57,700
            
        
                Interest Rate
            
            
                7.81%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Solheim Erika K | $72,000 | -- | |
| Michael Jordan Diversified Inv | $54,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Solheim Erika K | $70,350 | |
| Previous Owner | Michael Jordan Diversified Inv | $57,700 | 
                Source: Public Records
            
        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 | 
|---|---|---|---|---|
| 2025 | $2,112 | $232,200 | $75,000 | $157,200 | 
| 2024 | $2,112 | $217,700 | $75,000 | $142,700 | 
| 2023 | $1,922 | $194,100 | $66,000 | $128,100 | 
| 2022 | $1,737 | $175,500 | $56,000 | $119,500 | 
| 2021 | $1,532 | $154,700 | $46,000 | $108,700 | 
| 2020 | $1,480 | $145,500 | $37,900 | $107,600 | 
| 2019 | $1,404 | $130,200 | $37,900 | $92,300 | 
| 2018 | $1,305 | $130,200 | $37,900 | $92,300 | 
| 2017 | $1,305 | $130,200 | $37,900 | $92,300 | 
| 2016 | $1,282 | $129,500 | $34,900 | $94,600 | 
| 2015 | $1,121 | $113,200 | $33,500 | $79,700 | 
| 2014 | $994 | $106,900 | $36,400 | $70,500 | 
                Source: Public Records
                    
            
        Map
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