Ocean Way Condominiums 500 Winston Salem Ave Unit 108 Virginia Beach, VA 23451
Oceanfront Neighborhood
2
Beds
2
Baths
1,498
Sq Ft
1985
Built
Highlights
- Ocean Front
- Boat Dock
- Deep Water Access
- W.T. Cooke Elementary School Rated A-
- Fitness Center
- Harbor Views
About This Home
As of January 2025Wake up on Rudee inlet! This 2 bedroom, 2 bath condo overlooks Rudee Inlet with amazing views of fishing boats, paddle boarders and water tour boats, not to mention, sunrise and sunsets all from your private balcony. Condo is near restaurants, the boardwalk and the oceanfront. Condo amenities include gym, party room, pool, security entrance, water, trash, cable, hazard/flood insurance and more! Primary bedroom contains walk in closet, and spacious bath with jetted tub and a separate shower. Overlook the inlet from the kitchen, dining and living area. Make this your primary or vacation home
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,311
Year Built
- Built in 1985
Lot Details
- Ocean Front
- Home fronts navigable water
HOA Fees
- $886 Monthly HOA Fees
Home Design
- Property Attached
- Stucco Exterior Insulation and Finish Systems
- Asphalt Shingled Roof
- Pile Dwellings
Interior Spaces
- 1,498 Sq Ft Home
- 1-Story Property
- Bar
- Entrance Foyer
- Storage Room
- Utility Room
- Harbor Views
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Garage
- 1 Car Parking Space
- Off-Street Parking
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Deep Water Access
- Docks
- Balcony
Schools
- W.T. Cooke Elementary School
- Virginia Beach Middle School
- First Colonial High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Sewer Paid
- Cable TV Available
Community Details
Overview
- The Select Group/Brian Devost 757 428 5058 Association
- Mid-Rise Condominium
- Ocean Way Condominium Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
- Clubhouse
Recreation
- Boat Dock
- Fitness Center
- Community Pool
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 17, 2016
Sold by
Potter Mark E
Bought by
Harris David F
Total Days on Market
118
Current Estimated Value
Purchase Details
Closed on
Jun 16, 2010
Sold by
Starke Shirley Ann
Bought by
Potter Mark E and Kondas September J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.78%
Mortgage Type
New Conventional
Similar Homes in Virginia Beach, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | Attorney | |
| Warranty Deed | $352,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $280,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $495,000 | 0.0% | $330 / Sq Ft |
| 12/19/2024 12/19/24 | Pending | -- | -- | -- |
| 10/09/2024 10/09/24 | Price Changed | $495,000 | -2.9% | $330 / Sq Ft |
| 08/23/2024 08/23/24 | For Sale | $510,000 | -- | $340 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 | $4,858 | $500,800 | $76,400 | $424,400 |
| 2023 | $4,311 | $435,500 | $66,400 | $369,100 |
| 2022 | $4,106 | $414,700 | $63,300 | $351,400 |
| 2021 | $3,480 | $351,500 | $53,600 | $297,900 |
| 2020 | $3,577 | $351,500 | $53,600 | $297,900 |
| 2019 | $3,439 | $318,800 | $48,600 | $270,200 |
| 2018 | $3,196 | $318,800 | $48,600 | $270,200 |
| 2017 | $3,196 | $318,800 | $48,600 | $270,200 |
| 2016 | $3,064 | $309,500 | $47,200 | $262,300 |
| 2015 | $2,975 | $300,500 | $45,800 | $254,700 |
| 2014 | $2,849 | $275,700 | $42,100 | $233,600 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Katherine Kiley
Swell Realty Co
-
M
Buyer's Agent in 2025
Madison West
RE/MAX
About Ocean Way Condominiums
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10548410
APN: 2427-12-6287-8130
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.
The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
Copyright 2025 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.
REIN updates its listings on a daily basis.
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
Some or all of the listings (or listings Data) represented in this application have been enhanced with Data not provided by REIN. The enhancements are as follows: mapping, demographics, and economics. The source of these enhancements are: GreatSchools, CoStar, Google, Walk Score, How Loud, Collateral Analytics, Black Knight, First American, and Quantarium.
This application does not include information on all of the properties available for sale at this time.
Nearby Homes
- 507 Winston Salem Ave
- 404 Terrace Ave
- 408 Terrace Ct
- 500 Pacific Ave Unit 309
- 500 Pacific Ave Unit 812
- 500 Pacific Ave Unit 908
- 500 Pacific Ave Unit 203
- 405 Harbour Point Unit 305
- 515 Carolina Ave
- 411 Harbour Point Unit 102
- 407 Harbour Point Unit 303
- 536 Virginia Ave
- 610 Virginia Ave
- 710 Greensboro Ave
- 714 Goldsboro Ave
- 524 Maryland Ave
- 303 Atlantic Ave Unit 1104
- 303 Atlantic Ave Unit 803
- 303 Atlantic Ave Unit 506
- 303 Atlantic Ave Unit 1405