NOT LISTED FOR SALE

2205 Rio Rancho Dr Virginia Beach, VA 23456

Virginia Beach Central Neighborhood

Estimated Value: $1,187,000 - $1,230,808

6 Beds
6 Baths
4,521 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 2205 Rio Rancho Dr, Virginia Beach, VA 23456 and is currently estimated at $1,209,202, approximately $267 per square foot. 2205 Rio Rancho Dr is a home located in Virginia Beach City with nearby schools including Red Mill Elementary School, Princess Anne Middle School, and Ocean Lakes High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Escobar Antonio and Escobar Thelma J
Bought by
Craig Lisa Michelle and Craig James J
Current Estimated Value
$1,209,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$977,500
Outstanding Balance
$962,867
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$246,335

Purchase Details

Closed on
Feb 29, 2008
Sold by
Lago Mar Asoc Llc
Bought by
Escobar Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,750
Interest Rate
5.57%
Mortgage Type
New Conventional
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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Craig Lisa Michelle $1,150,000 Fidelity National Title
Escobar Antonio $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Lisa Michelle $977,500
Previous Owner Escobar Antonio $619,750
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
2025 $9,239 $1,085,900 $350,000 $735,900
2024 $9,239 $952,500 $325,000 $627,500
2023 $9,158 $925,000 $300,000 $625,000
2022 $7,761 $783,900 $225,000 $558,900
2021 $7,454 $752,900 $194,000 $558,900
2020 $7,780 $764,600 $194,000 $570,600
2019 $7,295 $697,000 $174,000 $523,000
2018 $6,987 $697,000 $174,000 $523,000
2017 $6,807 $679,000 $156,000 $523,000
2016 $6,104 $616,600 $182,000 $434,600
2015 $6,748 $681,600 $182,000 $499,600
2014 $6,038 $615,600 $180,000 $435,600
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23456 Virginia Beach Central

2205 Rio Rancho Dr, Virginia Beach, VA

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