2325 Valle Rio Way Virginia Beach, VA 23456
Virginia Beach Central NeighborhoodEstimated Value: $1,100,000 - $1,214,000
6
Beds
5
Baths
5,067
Sq Ft
$225/Sq Ft
Est. Value
About This Home
This home is located at 2325 Valle Rio Way, Virginia Beach, VA 23456 and is currently estimated at $1,142,248, approximately $225 per square foot. 2325 Valle Rio Way 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
Jul 7, 2020
Sold by
Spain Brett A and Spain Julia W
Bought by
Sagun Marvin and Sagun Christine
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
$510,000
Outstanding Balance
$454,245
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$717,043
Purchase Details
Closed on
Oct 12, 2004
Sold by
Solid Concepts Inc
Bought by
Spain Brett A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.71%
Mortgage Type
Construction
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 |
---|---|---|---|
Sagun Marvin | $792,000 | Fidelity National Ttl Ins Co | |
Spain Brett A | $581,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Sagun Marvin | $510,000 | |
Closed | Sagun Christine | $242,400 | |
Previous Owner | Spain Brett A | $698,000 | |
Previous Owner | Spain Brett A | $250,000 | |
Previous Owner | Spain Brett A | $250,000 | |
Previous Owner | Spain Brett A | $280,000 | |
Previous Owner | Spain Brett A | $275,000 |
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 |
---|---|---|---|---|
2024 | $9,477 | $977,000 | $325,000 | $652,000 |
2023 | $9,321 | $941,500 | $300,000 | $641,500 |
2022 | $7,919 | $799,900 | $225,000 | $574,900 |
2021 | $7,612 | $768,900 | $194,000 | $574,900 |
2020 | $8,011 | $787,300 | $194,000 | $593,300 |
2019 | $7,405 | $719,500 | $174,000 | $545,500 |
2018 | $7,213 | $719,500 | $174,000 | $545,500 |
2017 | $7,035 | $701,700 | $156,000 | $545,700 |
2016 | $6,339 | $640,300 | $182,000 | $458,300 |
2015 | $7,017 | $708,800 | $182,000 | $526,800 |
2014 | $6,312 | $643,000 | $180,000 | $463,000 |
Source: Public Records
Map
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