NOT LISTED FOR SALE

5000 Ocean Front Ave Virginia Beach, VA 23451

North End Neighborhood

Estimated Value: $2,810,000 - $12,431,339

6 Beds
8 Baths
8,930 Sq Ft
$853/Sq Ft Est. Value

About This Home

This home is located at 5000 Ocean Front Ave, Virginia Beach, VA 23451 and is currently estimated at $7,620,670, approximately $853 per square foot. 5000 Ocean Front Ave is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Virginia Beach Middle School, and Frank W. Cox High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2024
Sold by
Lake Hill Properties Llc
Bought by
5000 Ocean Front Avenue Llc
Current Estimated Value
$7,620,670

Purchase Details

Closed on
Jul 6, 2020
Sold by
Hillier Luke M
Bought by
Lake Hill Properties Llc

Purchase Details

Closed on
Dec 15, 2009
Sold by
Sandler Arthur B
Bought by
Hillier Luke M

Purchase Details

Closed on
Dec 4, 2003
Sold by
Grass Jody H
Bought by
Sandler Arthur B
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
5000 Ocean Front Avenue Llc $12,300,000 Priority Title & Escrow
Lake Hill Properties Llc $9,000,000 Fidelity National Ttl Ins Co
Hillier Luke M $7,600,000 --
Sandler Arthur B $4,500,000 --
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 $81,074 $8,358,100 $6,124,400 $2,233,700
2023 $62,830 $6,346,500 $4,471,600 $1,874,900
2022 $58,742 $5,933,500 $4,146,900 $1,786,600
2021 $57,012 $5,758,800 $4,146,900 $1,611,900
2020 $55,277 $5,432,600 $3,984,600 $1,448,000
2019 $53,821 $5,235,500 $3,615,600 $1,619,900
2018 $52,486 $5,235,500 $3,615,600 $1,619,900
2017 $51,823 $5,169,400 $3,512,300 $1,657,100
2016 $51,182 $5,169,900 $3,512,300 $1,657,600
2015 $45,823 $4,628,600 $3,246,700 $1,381,900
2014 $39,411 $4,237,300 $3,158,100 $1,079,200
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 North End

5000 Ocean Front Ave, Virginia Beach, VA

This home is located at 5000 Ocean Front Ave, Virginia Beach, VA 23451 and is currently estimated at $7,620,670, approximately $853 per square foot. 5000 Ocean Front Ave is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Virginia Beach Middle School, and Frank W. Cox High School.

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