NOT LISTED FOR SALE

2516 Magnolia Green Loop Unit 1 Virginia Beach, VA 23456

Dam Neck Neighborhood

Estimated Value: $560,762 - $571,000

4 Beds
3 Baths
2,305 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 2516 Magnolia Green Loop Unit 1, Virginia Beach, VA 23456 and is currently estimated at $565,441, approximately $245 per square foot. 2516 Magnolia Green Loop Unit 1 is a home located in Virginia Beach City with nearby schools including North Landing Elementary School, Landstown Middle School, and Floyd E. Kellam High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Bhagwat Gaurav and Bhatt Juhi
Bought by
Lopez Juan R and Lopez Melissa
Current Estimated Value
$565,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,312
Outstanding Balance
$510,456
Interest Rate
6.91%
Mortgage Type
VA
Estimated Equity
$43,760

Purchase Details

Closed on
Jan 6, 2016
Sold by
Courthouse Green Llc A Virginia Liabilit
Bought by
Bhagwat Gaurav and Bhatt Juhi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,895
Interest Rate
3.98%
Mortgage Type
New Conventional
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
Lopez Juan R $565,000 Fidelity National Title
Bhagwat Gaurav $376,550 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Juan R $511,312
Previous Owner Bhagwat Gaurav $318,000
Previous Owner Bhagwat Gaurav $338,895
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 $4,987 $514,100 $170,000 $344,100
2023 $4,797 $484,500 $135,000 $349,500
2022 $4,252 $429,500 $125,000 $304,500
2021 $4,010 $405,100 $118,000 $287,100
2020 $3,816 $375,000 $110,000 $265,000
2019 $3,939 $387,100 $110,000 $277,100
2018 $3,881 $387,100 $110,000 $277,100
2017 $3,626 $361,700 $110,000 $251,700
2016 $3,526 $356,200 $104,000 $252,200
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23456 Dam Neck

2516 Magnolia Green Loop Unit 1, Virginia Beach, VA

This home is located at 2516 Magnolia Green Loop Unit 1, Virginia Beach, VA 23456 and is currently estimated at $565,441, approximately $245 per square foot. 2516 Magnolia Green Loop Unit 1 is a home located in Virginia Beach City with nearby schools including North Landing Elementary School, Landstown Middle School, and Floyd E. Kellam High School.

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