NOT LISTED FOR SALE

405 Terrace Ave Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $830,911 - $1,007,000

4 Beds
3 Baths
2,228 Sq Ft
$424/Sq Ft Est. Value

About This Home

This home is located at 405 Terrace Ave, Virginia Beach, VA 23451 and is currently estimated at $945,478, approximately $424 per square foot. 405 Terrace Ave 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.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2001
Sold by
Ocean Development L C
Bought by
Current Estimated Value
$971,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Outstanding Balance
$60,849
Interest Rate
7%
Estimated Equity
$884,629

Purchase Details

Closed on
Jul 20, 2000
Sold by
Almond Marie B
Bought by
Ocean Dev L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.18%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Oceanfront, VA

  • Beverly Cheniae Real Estate Agent - BHHS RW Towne Realty

    Beverly Cheniae

    BHHS RW Towne Realty

    (757) 919-1510

    50 Total Sales

    1 in Oceanfront

    $320,000 Price

    Beverly Cheniae
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  • Deborah Baisden Real Estate Agent - BHHS RW Towne Realty

    Deborah Baisden

    Responds Quickly

    BHHS RW Towne Realty

    (757) 294-8349

    105 Total Sales

    1 in Oceanfront

    $340,000 Price

    Deborah Baisden
     Section Image
  • Jenn Bryant Real Estate Agent - The Bryant Group

    Jenn Bryant

    The Bryant Group

    (757) 720-2867

    72 Total Sales

    1 in Oceanfront

    $275,000 Price

    Jenn Bryant
     Section Image
  • Jamie Flowers Real Estate Agent - Beach Realty United

    Jamie Flowers

    Beach Realty United

    (757) 785-9144

    75 Total Sales

    3 in Oceanfront

    $525K - $696K Price Range

    Jamie Flowers
     Section Image
  • Jack Blake Real Estate Agent - Aweigh Real Estate

    Jack Blake

    Aweigh Real Estate

    (757) 500-0942

    60 Total Sales

    2 in Oceanfront

    $260K - $300K Price Range

    Jack Blake
     Section Image
  • Jackie Feagin Real Estate Agent - BHHS RW Towne Realty

    Jackie Feagin

    BHHS RW Towne Realty

    (757) 972-7736

    110 Total Sales

    2 in Oceanfront

    $275K - $300K Price Range

    Jackie Feagin
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 --
Ocean Dev L C $67,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $191,920
Previous Owner Ocean Dev L C $180,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,009 $740,900 $400,000 $340,900
2024 $7,009 $722,600 $386,600 $336,000
2023 $5,978 $603,800 $302,500 $301,300
2022 $5,732 $579,000 $231,400 $347,600
2021 $5,398 $545,300 $220,900 $324,400
2020 $5,344 $525,200 $215,700 $309,500
2019 $4,968 $474,900 $215,700 $259,200
2018 $4,761 $474,900 $215,700 $259,200
2017 $4,603 $459,200 $215,700 $243,500
2016 $4,130 $417,200 $202,500 $214,700
2015 $4,339 $438,300 $223,600 $214,700
2014 $3,765 $412,100 $218,300 $193,800
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

405 Terrace Ave, Virginia Beach, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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