NOT LISTED FOR SALE

Estimated Value: $1,731,000 - $1,975,000

7 Beds
6 Baths
5,500 Sq Ft
$338/Sq Ft Est. Value

About This Home

This home is located at 316 Back Bay Crescent, Virginia Beach, VA 23456 and is currently estimated at $1,858,302, approximately $337 per square foot. 316 Back Bay Crescent is a home located in Virginia Beach City with nearby schools including Red Mill Elementary School, Princess Anne Middle School, and Floyd E. Kellam High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
D & B Properties Inc
Bought by
Prestige Worldwide Property Management Llc
Current Estimated Value
$1,858,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$1,249,415
Interest Rate
7%
Mortgage Type
Seller Take Back
Estimated Equity
$608,887

Purchase Details

Closed on
Aug 31, 2009
Sold by
Suntrust Bank
Bought by
D And B Properties Inc

Purchase Details

Closed on
Oct 15, 2007
Sold by
Palalay Hector O
Bought by
Suntrust Bank

Purchase Details

Closed on
Apr 28, 2004
Sold by
Bryce Enterprises L L C
Bought by
Palalay Zeenilda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,920
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2002
Sold by
Johnston Vickie L
Bought by
Mcglen Collen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.58%

Purchase Details

Closed on
Apr 7, 2000
Sold by
Daskam David
Bought by
Clemmons N Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.3%
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
Prestige Worldwide Property Management Llc $1,600,000 --
D And B Properties Inc $409,500 --
Suntrust Bank $926,400 --
Palalay Zeenilda T $789,900 --
Mcglen Collen $590,000 --
Clemmons N Paul $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prestige Worldwide Property Management Llc $1,280,000
Previous Owner D And B Properties Inc $625,000
Previous Owner Palalay Zeenilda T $631,920
Previous Owner Mcglen Collen $472,000
Previous Owner Clemmons N Paul $336,000
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 $13,133 $1,340,100 $601,000 $739,100
2023 $12,524 $1,265,000 $510,000 $755,000
2022 $8,865 $877,700 $355,000 $522,700
2021 $8,760 $850,500 $330,000 $520,500
2020 $8,589 $812,200 $330,000 $482,200
2019 $7,936 $722,600 $313,000 $409,600
2018 $7,244 $722,600 $313,000 $409,600
2017 $7,696 $724,300 $313,000 $411,300
2016 $7,655 $729,000 $308,000 $421,000
2015 $7,289 $694,200 $295,000 $399,200
2014 $6,115 $647,000 $293,000 $354,000
Source: Public Records

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