NOT LISTED FOR SALE

2562 Cove Point Place Unit 2562 Virginia Beach, VA 23454

Great Neck Neighborhood

Estimated Value: $237,000 - $255,000

2 Beds
1 Bath
1,017 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 2562 Cove Point Place Unit 2562, Virginia Beach, VA 23454 and is currently estimated at $242,328, approximately $238 per square foot. 2562 Cove Point Place Unit 2562 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
Aug 10, 2023
Sold by
Bailey James R and Bailey Judy R
Bought by
Williams Robert and Williams Linda
Current Estimated Value
$242,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Outstanding Balance
$202,683
Interest Rate
6.71%
Mortgage Type
VA
Estimated Equity
$39,645

Purchase Details

Closed on
Oct 31, 2007
Sold by
Grover John
Bought by
Bailey James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2004
Sold by
Laino Mark
Bought by
Grover John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
5.82%
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

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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
Williams Robert $210,000 None Listed On Document
Bailey James R $158,000 --
Grover John $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Robert $207,500
Previous Owner Bailey James R $142,200
Previous Owner Grover John $83,700
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 -- $206,500 $76,000 $130,500
2024 $1,995 $201,500 $76,000 $125,500
2023 $1,733 $175,000 $67,000 $108,000
2022 $1,583 $159,900 $57,000 $102,900
2021 $1,459 $147,400 $52,000 $95,400
2020 $1,394 $137,000 $52,000 $85,000
2019 $1,327 $124,700 $50,000 $74,700
2018 $1,250 $124,700 $50,000 $74,700
2017 $1,250 $124,700 $50,000 $74,700
2016 $1,148 $116,000 $45,000 $71,000
2015 $1,075 $108,600 $45,000 $63,600
2014 $1,108 $121,100 $52,500 $68,600
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Great Neck

2562 Cove Point Place Unit 2562, Virginia Beach, VA

This home is located at 2562 Cove Point Place Unit 2562, Virginia Beach, VA 23454 and is currently estimated at $242,328, approximately $238 per square foot. 2562 Cove Point Place Unit 2562 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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