NOT LISTED FOR SALE

2501 New London Ct Virginia Beach, VA 23454

Great Neck Neighborhood

Estimated Value: $334,000 - $357,000

3 Beds
3 Baths
1,875 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 2501 New London Ct, Virginia Beach, VA 23454 and is currently estimated at $345,539, approximately $184 per square foot. 2501 New London Ct is a home located in Virginia Beach City with nearby schools including King's Grant Elementary School, Great Neck Middle School, and Frank W. Cox High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Frascona-Cochran James
Bought by
Laureles Raeywen
Current Estimated Value
$345,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,920
Outstanding Balance
$256,880
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$88,659

Purchase Details

Closed on
Nov 20, 2018
Sold by
Hoffman Andrew J
Bought by
Frascona-Cochran James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,568
Interest Rate
4.9%
Mortgage Type
VA

Purchase Details

Closed on
Jan 14, 2010
Sold by
Ocean Development Inc
Bought by
Hoffman Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,272
Interest Rate
4.71%
Mortgage Type
VA
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
Laureles Raeywen $324,900 First American Title Insurance
Frascona-Cochran James $259,000 Sun Title Inc
Hoffman Andrew J $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laureles Raeywen $259,920
Previous Owner Frascona-Cochran James $57,678
Previous Owner Frascona-Cochran James $264,568
Previous Owner Hoffman Andrew J $238,700
Previous Owner Hoffman Andrew J $255,272
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 $2,768 $285,400 $75,000 $210,400
2023 $2,713 $274,000 $75,000 $199,000
2022 $2,569 $259,500 $70,000 $189,500
2021 $2,495 $252,000 $70,000 $182,000
2020 $2,474 $243,100 $65,000 $178,100
2019 $2,556 $237,400 $60,000 $177,400
2018 $2,380 $237,400 $60,000 $177,400
2017 $2,380 $237,400 $60,000 $177,400
2016 $2,262 $228,500 $60,000 $168,500
2015 $2,297 $232,000 $60,000 $172,000
2014 $2,113 $227,200 $64,800 $162,400
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23452 Great Neck

2501 New London Ct, Virginia Beach, VA

This home is located at 2501 New London Ct, Virginia Beach, VA 23454 and is currently estimated at $345,539, approximately $184 per square foot. 2501 New London Ct is a home located in Virginia Beach City with nearby schools including King's Grant Elementary School, Great Neck Middle School, and Frank W. Cox High School.

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