NOT LISTED FOR SALE

Ocean Way Condominiums 500 Winston Salem Ave Unit 206 Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $529,000 - $564,000

2 Beds
2 Baths
1,500 Sq Ft
$361/Sq Ft Est. Value

About This Home

This home is located at 500 Winston Salem Ave Unit 206, Virginia Beach, VA 23451 and is currently estimated at $541,049, approximately $360 per square foot. 500 Winston Salem Ave Unit 206 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
Mar 11, 2021
Sold by
Lawson Thomas B and Lawson Karen T
Bought by
Johnston Karen Cox and Johnston Brian
Current Estimated Value
$541,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,175
Outstanding Balance
$334,340
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$207,302

Purchase Details

Closed on
Sep 19, 2014
Sold by
Connors Paul H
Bought by
Lawson Thomas B and Katzen Michael A

Purchase Details

Closed on
Sep 17, 2014
Sold by
Connors Paul H and Ohare Patricia M
Bought by
Connors Paul H

Purchase Details

Closed on
Mar 2, 2004
Sold by
Peckham Peter
Bought by
Andrews Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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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
Johnston Karen Cox $386,500 Old Republic Natl Ttl Ins Co
Lawson Thomas B $365,000 --
Connors Paul H -- --
Andrews Benjamin $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Karen Cox $367,175
Previous Owner Andrews Benjamin $216,000
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 $4,867 $501,700 $76,500 $425,200
2023 $4,319 $436,300 $66,500 $369,800
2022 $4,113 $415,500 $63,400 $352,100
2021 $3,487 $352,200 $53,700 $298,500
2020 $3,584 $352,200 $53,700 $298,500
2019 $3,446 $319,600 $48,800 $270,800
2018 $3,204 $319,600 $48,800 $270,800
2017 $3,204 $319,600 $48,800 $270,800
2016 $3,072 $310,300 $47,300 $263,000
2015 $2,983 $301,300 $46,000 $255,300
2014 $2,856 $276,400 $42,200 $234,200
Source: Public Records

About Ocean Way Condominiums

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

500 Winston Salem Ave Unit 206, Virginia Beach, VA

This home is located at 500 Winston Salem Ave Unit 206, Virginia Beach, VA 23451 and is currently estimated at $541,049, approximately $360 per square foot. 500 Winston Salem Ave Unit 206 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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