NOT LISTED FOR SALE

1724 Purpose Dr Virginia Beach, VA 23453

Green Run Neighborhood

Estimated Value: $523,586 - $600,000

4 Beds
3 Baths
2,242 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 1724 Purpose Dr, Virginia Beach, VA 23453 and is currently estimated at $556,397, approximately $248 per square foot. 1724 Purpose Dr is a home located in Virginia Beach City with nearby schools including Landstown Elementary School, Landstown Middle School, and Landstown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Martin Gregory P
Bought by
Ballon Kalvin A
Current Estimated Value
$545,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,396
Interest Rate
6.58%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2004
Sold by
Ocean Properties L L C
Bought by
Martin Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,309
Interest Rate
6.02%
Mortgage Type
Construction
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

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First American

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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
Ballon Kalvin A $482,500 --
Martin Gregory $295,385 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballon Kalvin A $466,396
Previous Owner Martin Gregory P $323,232
Previous Owner Martin Gregory $236,309
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 $4,285 $441,800 $144,000 $297,800
2023 $4,244 $428,700 $130,900 $297,800
2022 $3,972 $401,200 $130,900 $270,300
2021 $3,404 $343,800 $119,000 $224,800
2020 $3,197 $314,200 $106,000 $208,200
2019 $3,232 $307,000 $101,000 $206,000
2018 $3,078 $307,000 $101,000 $206,000
2017 $3,123 $311,500 $101,000 $210,500
2016 $2,938 $296,800 $96,000 $200,800
2015 $2,677 $270,400 $88,000 $182,400
2014 $2,252 $274,200 $96,800 $177,400
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23453 Green Run

1724 Purpose Dr, Virginia Beach, VA

This home is located at 1724 Purpose Dr, Virginia Beach, VA 23453 and is currently estimated at $556,397, approximately $248 per square foot. 1724 Purpose Dr is a home located in Virginia Beach City with nearby schools including Landstown Elementary School, Landstown Middle School, and Landstown High School.

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