2715 Canal Rd Virginia Beach, VA 23451
Broad Bay Island Neighborhood
5
Beds
3
Baths
4,712
Sq Ft
10,193
Sq Ft Lot
Highlights
- Water Views
- Home fronts navigable water
- Contemporary Architecture
- John B. Dey Elementary School Rated A
- Deep Water Access
- Recreation Room
About This Home
As of October 2024Direct channel lot to Broad Bay, 90' water frontage, steel bulkhead installed 2016, 10' depth at bulkhead. Unique 1970's contemporary built & designed by original owner. Property to convey "as is", value is in land. Survey & information on bulkhead available at property. Must see this location with a front row seat to the parade of boats navigating daily through this waterway. Attached in documents is survey & information on bulkhead. Seller will consider owner financing with substantial down payment & subject to additional terms by Seller.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,750
Year Built
- Built in 1971
Lot Details
- Lot Dimensions are 90 x 107
- Home fronts navigable water
- Cul-De-Sac
- Property is zoned R-10
Parking
- Driveway
Home Design
- Contemporary Architecture
- Fixer Upper
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Urethane Roof
Interior Spaces
- 4,712 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Skylights
- Entrance Foyer
- Home Office
- Recreation Room
- Utility Room
- Water Views
- Breakfast Area or Nook
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Cedar Closet
- Walk-In Closet
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Deep Water Access
- Bulkhead
- Patio
Schools
- John B. Dey Elementary School
- Great Neck Middle School
- Frank W. Cox High School
Utilities
- Zoned Heating and Cooling
- Electric Water Heater
Community Details
- No Home Owners Association
- Broad Bay Colony Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2024
Closed on
Oct 23, 2024
Sold by
Jebam Llc
Bought by
Forbeck I Llc
Seller's Agent
Jerome Miller
Miller Realty Inc.
Buyer's Agent
Yanni Athanasiadis
COVA Home Realty
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Views
329
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,351
Avg. Annual Appreciation
32.94%
Original Mortgage
$1,570,000
Outstanding Balance
$927,611
Interest Rate
6.2%
Mortgage Type
Construction
Estimated Equity
$453,773
Purchase Details
Closed on
Aug 3, 2023
Sold by
Miller Jerome and Miller Baron
Bought by
Jebam Llc
Similar Homes in Virginia Beach, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,100,000 | Old Republic National Title In | |
| Warranty Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,570,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2024 10/24/24 | Sold | $1,100,000 | -7.9% | $233 / Sq Ft |
| 10/21/2024 10/21/24 | Pending | -- | -- | -- |
| 08/17/2024 08/17/24 | For Sale | $1,195,000 | -- | $254 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $9,936 | $1,024,300 | $692,600 | $331,700 |
| 2023 | $9,751 | $984,900 | $668,300 | $316,600 |
| 2022 | $8,098 | $818,000 | $558,900 | $259,100 |
| 2021 | $7,449 | $752,400 | $479,900 | $272,500 |
| 2020 | $7,182 | $705,800 | $479,900 | $225,900 |
| 2019 | $7,025 | $660,900 | $455,600 | $205,300 |
| 2018 | $6,626 | $660,900 | $455,600 | $205,300 |
| 2017 | $6,472 | $645,600 | $437,400 | $208,200 |
| 2016 | $6,130 | $619,200 | $419,200 | $200,000 |
| 2015 | $5,964 | $602,400 | $419,200 | $183,200 |
| 2014 | $5,402 | $580,900 | $419,200 | $161,700 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
Jerome Miller
Miller Realty Inc.
(757) 335-2255
2 in this area
31 Total Sales
-
Buyer's Agent in 2024
Yanni Athanasiadis
COVA Home Realty
(757) 775-0087
1 in this area
98 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10547614
APN: 1499-57-6384
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