NOT LISTED FOR SALE

407 16th St Unit B Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $547,000 - $620,000

3 Beds
3 Baths
1,878 Sq Ft
$311/Sq Ft Est. Value

About This Home

This home is located at 407 16th St Unit B, Virginia Beach, VA 23451 and is currently estimated at $584,787, approximately $311 per square foot. 407 16th St Unit B 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2011
Sold by
Brown E Tyree
Bought by
Lambeth James M
Current Estimated Value
$584,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,324
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2000
Sold by
Ek John W
Bought by
Brown E Tyree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,850
Interest Rate
8.14%
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
Lambeth James M $322,500 --
Brown E Tyree $155,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambeth James M $291,500
Closed Lambeth James M $314,324
Previous Owner Brown E Tyree $108,850
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 $4,783 $493,100 $238,000 $255,100
2023 $4,674 $472,100 $217,000 $255,100
2022 $4,090 $413,100 $181,100 $232,000
2021 $3,962 $400,200 $181,100 $219,100
2020 $3,563 $350,200 $163,100 $187,100
2019 $3,388 $318,400 $163,100 $155,300
2018 $3,192 $318,400 $163,100 $155,300
2017 $3,319 $331,100 $156,800 $174,300
2016 $3,397 $343,100 $156,800 $186,300
2015 $3,195 $322,700 $160,700 $162,000
2014 $2,942 $316,400 $164,600 $151,800
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

407 16th St Unit B, Virginia Beach, VA

This home is located at 407 16th St Unit B, Virginia Beach, VA 23451 and is currently estimated at $584,787, approximately $311 per square foot. 407 16th St Unit B 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.

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