Landlord's Agent in 2025
Erik Davis
Creed Realty
(757) 241-3745
18 Total Sales
1701 Ocean Bay Dr Virginia Beach, VA 23454
Virginia Beach Central Neighborhood
2
Beds
2.5
Baths
1,600
Sq Ft
1987
Built
Highlights
- Clubhouse
- Contemporary Architecture
- Corner Lot
- Ocean Lakes Elementary School Rated A-
- 1 Fireplace
- Community Pool
About This Home
As of March 2025Welcome to 1701 Ocean Bay Drive. This recently remodeled contemporary 2 bedroom 2.5 bathroom condo has it all. Great open space with a wet bar in the living area, open kitchen with a half bathroom and full laundry area makes up the first level. The second level has 2 large Primary Bedrooms with full bathrooms and private balconies. There is also a gated patio for entertaining. This home is just minutes to Bases, Beaches, Camping, Colleges, Entertainment, Fishing, Golfing, Hospitals, Malls, Oceanfront, Parks, Restaurants, Shopping and so much more...
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $2,487
Year Built
- Built in 1987
Parking
- Assigned Parking
Home Design
- Contemporary Architecture
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- 1,600 Sq Ft Home
- Property has 1 Level
- Bar
- Skylights
- 1 Fireplace
- Blinds
- Entrance Foyer
- Utility Closet
- Scuttle Attic Hole
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Jack-and-Jill Bathroom
Laundry
- Dryer
- Washer
Schools
- Ocean Lakes Elementary School
- Corporate Landing Middle School
- Ocean Lakes High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Sewer Paid
Additional Features
- Patio
- Back Yard Fenced
Listing and Financial Details
- Rent includes ground maint, sewer, trash pick up
- 12 Month Lease Term
Community Details
Overview
- Ocean Lakes Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
- Clubhouse
Recreation
- Community Playground
- Community Pool
Pet Policy
- Pets Allowed with Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2025
Closed on
Mar 18, 2025
Sold by
Krueger Lani Kai
Bought by
Miller Stephanie L and Messinger Paul Wayne
Seller's Agent
Erik Davis
Creed Realty
Buyer's Agent
Erik Davis
Creed Realty
Sold Price
$2,100
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,217
Purchase Details
Closed on
Feb 7, 2024
Sold by
Keahi Helen
Bought by
Preston Nicole Leilani
Purchase Details
Closed on
Mar 25, 2022
Sold by
Just Right Homes Llc
Bought by
Preston Samuel Davis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 7, 2021
Sold by
Hamm Robert William
Bought by
Just Right Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 6, 2021
Sold by
Ocean Lakes Condominium Owners Assn Inc
Bought by
Ocean Lakes Condominium Owners Assn Inc and Saddlewood
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller Stephanie L | -- | None Listed On Document | |
| Preston Nicole Leilani | -- | None Listed On Document | |
| Preston Samuel Davis | $245,000 | Fidelity National Title | |
| Just Right Homes Llc | $160,000 | Accommodation | |
| Ocean Lakes Condominium Owners Assn Inc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Preston Samuel Davis | $176,250 | |
| Previous Owner | Just Right Homes Llc | $2,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Rented | $2,100 | 0.0% | -- |
| 03/05/2025 03/05/25 | For Rent | $2,100 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $2,487 | $275,100 | $75,000 | $200,100 |
| 2024 | $2,487 | $256,400 | $75,000 | $181,400 |
| 2023 | $2,261 | $228,400 | $66,000 | $162,400 |
| 2022 | $1,870 | $188,900 | $56,000 | $132,900 |
| 2021 | $1,653 | $167,000 | $46,000 | $121,000 |
| 2020 | $1,605 | $157,700 | $37,900 | $119,800 |
| 2019 | $1,367 | $128,100 | $37,900 | $90,200 |
| 2018 | $1,284 | $128,100 | $37,900 | $90,200 |
| 2017 | $1,284 | $128,100 | $37,900 | $90,200 |
| 2016 | $1,239 | $125,100 | $34,900 | $90,200 |
| 2015 | $1,149 | $116,100 | $33,500 | $82,600 |
| 2014 | $1,052 | $113,100 | $36,400 | $76,700 |
Source: Public Records
Agents Affiliated with this Home
-
Erik Davis
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10572556
APN: 2425-14-7771-7500
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