$700,000
SOLD NOV 7, 2024
2 Beds
2 Baths
970 Sq Ft
1975 Built

Recently Sold

$722 Per Sq Ft

28 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Community Pool
  • W.T. Cooke Elementary School Rated A-
  • Screened Porch
  • Elevator

About This Home

As of November 2024

This home is located at 303 Atlantic Ave Unit 1101, Virginia Beach, VA 23451 and is currently priced at $700,000, approximately $721 per square foot. This property was built in 1975. 303 Atlantic Ave Unit 1101 is a home located in Virginia Beach City with nearby schools including W.T. Cooke Elementary School, Virginia Beach Middle School, and First Colonial High School.

Last Agent to Sell the Property

Bo Schrott

Broadsight Realty Listed on: 09/26/2024

Last Buyer's Agent

Nikita Munesh Chandiramani

Coastal Towne Realty

Coastal Towne Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,934

Year Built

  • Built in 1975

HOA Fees

  • $651 Monthly HOA Fees

Home Design

  • Property Attached
  • Substantially Remodeled
  • Slab Foundation
  • Tar and Gravel Roof
  • Urethane Roof
  • Stucco Exterior

Interior Spaces

  • 970 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • 1 Car Parking Space
  • Parking Garage Space

Schools

  • W.T. Cooke Elementary School
  • Vb Middle School
  • First Colonial High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Electric Water Heater
  • Sewer Paid

Additional Features

  • Balcony
  • Ocean Front

Community Details

Overview

  • Dolphin Run Condominium Assoc 757 425 6166 Association
  • High-Rise Condominium
  • Dolphin Run Condominium Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup
  • Coin Laundry
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Service

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,934

Year Built

Built in 1975

Lot Details

0

HOA Fees

$651 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: High-Rise
  • GarageYN: Yes
  • AICUZ - Crash: Clear
  • AICUZ - Noise: 65-70
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • Miscellaneous: Rehabilitated
  • LP/ Sq Ft: 721.46
  • Neighborhood Name: DOLPHIN RUN COMDOMINIUM
  • Estimated Year Built: 1975
  • Association Legal Name: Dolphin Run Condo Association
  • Management Company: Dolphin Run Condominium Assoc 757-425-6166
  • H O A Assoc Legal Name: Dolphin Run Condo Association
  • Address Street Name Website: Atlantic
  • Address Street Num Website: 303
  • Address Website: 303 Atlantic AVE
  • Fees Condo Monthly: 651
  • Fees H O A P O A Monthly: 651
  • Fence: No
  • Market Time: 29
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Equipment: Ceiling Fan
  • Flooring Type: Ceramic, Laminate/LVP
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: Balcony, Porch, Screened Porch
  • Appliances: Dishwasher, Disposal, Microwave, Elec Range, Refrigerator
  • Stories Number: 1.0000
  • Estimated Sq Ft: 970

Exterior Features

  • Exterior Siding: Stucco
  • Fence Description: None
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Poly Skin, Tar and Gravel
  • View: Ocean
  • Waterfront Description: Ocean

Garage/Parking

  • Parking: Parking Gar, 1 Space

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Window/Wall
  • Heating: Forced Hot Air

Condo/Co-op/Association

  • Condo Level: 11
  • Amenities COA/POA: Coin Operated, Elevator, Exercise Rm, Ground Maint, Pool, Security, Sewer, Trash Pickup
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: W.T. Cooke Elementary
  • Middle School: VB Middle
  • High School: First Colonial

Lot Info

  • Waterfront YN: Yes
  • Zoning: RT1

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 4934

MLS Schools

  • Elementary School: W.T. Cooke Elementary
  • School High School: First Colonial
  • Middle School: VB Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 25, 2024
Sold by
Holloway Richard A and Holloway Joyce A
Bought by
Agarwal Naveen Kumar and Agarwal Reenu
Seller's Agent
Bo Schrott
Broadsight Realty
Buyer's Agent
Nikita Munesh Chandiramani
Coastal Towne Realty
List Price
$699,818
Sold Price
$700,000
Premium/Discount to List
$182
0.03%
Total Days on Market
28
Views
15
Current Estimated Value
$667,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,718
Avg. Annual Appreciation
-8.19%
Original Mortgage
$510,000
Outstanding Balance
$507,475
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$159,807
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $700,000 1St Choice Title
Bargain Sale Deed $700,000 1St Choice Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 New Conventional
Closed $510,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $700,000 0.0% $722 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $699,818 -- $721 / Sq Ft
Source: Real Estate Information Network (REIN)

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 $5,560 $573,200 $87,400 $485,800
2023 $4,934 $498,400 $76,000 $422,400
2022 $4,194 $423,600 $64,600 $359,000
2021 $3,819 $385,800 $58,800 $327,000
2020 $3,926 $385,800 $58,800 $327,000
2019 $3,742 $341,100 $52,000 $289,100
2018 $3,420 $341,100 $52,000 $289,100
2017 $3,320 $331,200 $50,500 $280,700
2016 $3,447 $348,200 $53,100 $295,100
2015 $3,447 $348,200 $53,100 $295,100
2014 $2,744 $348,200 $53,100 $295,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10552807

Real Estate Information Network (REIN)

APN: 2427-32-2403-2160