NOT LISTED FOR SALE

425 Lake Dr Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $639,000 - $716,000

3 Beds
1 Bath
1,793 Sq Ft
$376/Sq Ft Est. Value

About This Home

This home is located at 425 Lake Dr, Virginia Beach, VA 23451 and is currently estimated at $674,763, approximately $376 per square foot. 425 Lake Dr 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 17, 2021
Sold by
Conklin Andrew J and Conklin Mary C
Bought by
Conklin Thomas E and Conklin Jacoueline Lynnette
Current Estimated Value
$674,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$371,480
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2000
Sold by
Talley Thomas J
Bought by
Conklin Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
8.1%
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
Conklin Thomas E $500,000 Old Republic Natl Ttl Ins Co
Conklin Andrew J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conklin Thomas E $75,000
Open Conklin Thomas E $400,000
Previous Owner Conklin Andrew J $200,000
Previous Owner Conklin Andrew J $166,250
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 $4,745 $489,200 $370,000 $119,200
2023 $4,624 $467,100 $370,000 $97,100
2022 $3,684 $372,100 $275,000 $97,100
2021 $3,347 $338,100 $275,000 $63,100
2020 $3,241 $318,500 $236,000 $82,500
2019 $3,307 $325,000 $236,000 $89,000
2018 $3,258 $325,000 $236,000 $89,000
2017 $3,070 $306,200 $236,000 $70,200
2016 $2,885 $291,400 $236,000 $55,400
2015 $2,816 $284,400 $241,900 $42,500
2014 $3,178 $329,000 $241,900 $87,100
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

425 Lake Dr, Virginia Beach, VA

This home is located at 425 Lake Dr, Virginia Beach, VA 23451 and is currently estimated at $674,763, approximately $376 per square foot. 425 Lake Dr 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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