NOT LISTED FOR SALE

Ocean Way Condominiums 500 Winston Salem Ave Unit 505 Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $715,000 - $1,583,062

4 Beds
4 Baths
2,800 Sq Ft
$421/Sq Ft Est. Value

About This Home

This home is located at 500 Winston Salem Ave Unit 505, Virginia Beach, VA 23451 and is currently estimated at $1,179,516, approximately $421 per square foot. 500 Winston Salem Ave Unit 505 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
May 21, 2020
Sold by
Owens Kathleen Purdy
Bought by
Patel Alkesh
Current Estimated Value
$1,179,516

Purchase Details

Closed on
Mar 13, 2017
Sold by
James H Pace Sole Trustee Of The James H
Bought by
Owens Kathleen Purdy
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
Patel Alkesh $485,000 First American Title Ins Co
Owens Kathleen Purdy $430,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Alkesh $581,250
Closed Patel Alkesh $581,250
Previous Owner Purdy Owens Kathleen $100,000
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 $6,871 $708,400 $108,100 $600,300
2023 $6,098 $616,000 $94,000 $522,000
2022 $5,809 $586,800 $89,500 $497,300
2021 $4,928 $497,800 $75,900 $421,900
2020 $5,065 $497,800 $75,900 $421,900
2019 $4,871 $451,800 $68,900 $382,900
2018 $4,529 $451,800 $68,900 $382,900
2017 $4,529 $451,800 $68,900 $382,900
2016 $4,343 $438,700 $66,900 $371,800
2015 $4,216 $425,900 $65,000 $360,900
2014 $4,037 $390,700 $59,600 $331,100
Source: Public Records

About Ocean Way Condominiums

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

500 Winston Salem Ave Unit 505, Virginia Beach, VA

This home is located at 500 Winston Salem Ave Unit 505, Virginia Beach, VA 23451 and is currently estimated at $1,179,516, approximately $421 per square foot. 500 Winston Salem Ave Unit 505 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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