NOT LISTED FOR SALE

2016 Bay Island Quay Virginia Beach, VA 23451

Broad Bay Island Neighborhood

Estimated Value: $1,173,000 - $1,270,294

4 Beds
5 Baths
3,220 Sq Ft
$381/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $1,150,000 $357 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,349/month

About This Home

As of June 2024

This home is located at 2016 Bay Island Quay, Virginia Beach, VA 23451 and is currently estimated at $1,226,824, approximately $381 per square foot. 2016 Bay Island Quay is a home located in Virginia Beach City with nearby schools including John B. Dey Elementary School, Great Neck Middle School, and Frank W. Cox High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jun 7, 2024
Sold by
Ann Givens Kellam Revocable Trust and Williams Amy Givens
Bought by
Koch Scott and Koch Molly
Seller's Agent
Phillip Hines
Creed Realty
Buyer's Agent
William Layton
The Real Estate Group
List Price
$1,225,000
Sold Price
$1,150,000
Premium/Discount to List
-$75,000
-6.12%
Views
138
Current Estimated Value
$1,226,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,824
Avg. Annual Appreciation
6.19%
Original Mortgage
$1,150,000
Outstanding Balance
$1,140,727
Interest Rate
7.22%
Mortgage Type
VA
Estimated Equity
$79,776
Source: Public Records

Range of Values:

Collateral Analytics

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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
Koch Scott $1,150,000 Fidelity National Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Scott $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $1,150,000 -6.1% $357 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $1,225,000 -- $380 / Sq Ft

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 $10,065 $1,037,600 $641,300 $396,300
2023 $9,870 $997,000 $618,800 $378,200
2022 $8,513 $859,900 $517,500 $342,400
2021 $7,729 $780,700 $444,400 $336,300
2020 $7,452 $732,400 $444,400 $288,000
2019 $7,258 $689,800 $421,900 $267,900
2018 $6,915 $689,800 $421,900 $267,900
2017 $6,678 $666,100 $405,000 $261,100
2016 $6,324 $638,800 $388,100 $250,700
2015 $6,208 $627,100 $388,100 $239,000
2014 $5,471 $588,300 $388,100 $200,200
Source: Public Records

Agents Affiliated with this Home

  • Phillip Hines

    Seller's Agent in 2024

    Phillip Hines

    Creed Realty

    (757) 897-3538

    1 in this area

    65 Total Sales

    Phillip Hines
    Section Image
  • William Layton

    Buyer's Agent in 2024

    William Layton

    The Real Estate Group

    (757) 621-8995

    8 in this area

    109 Total Sales

    William Layton
    Section Image
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Map

Virginia Virginia Beach County Virginia Beach 23451 Broad Bay Island

2016 Bay Island Quay, Virginia Beach, VA

This home is located at 2016 Bay Island Quay, Virginia Beach, VA 23451 and is currently estimated at $1,226,824, approximately $381 per square foot. 2016 Bay Island Quay is a home located in Virginia Beach City with nearby schools including John B. Dey Elementary School, Great Neck Middle School, and Frank W. Cox High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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