501 Ocean Trace Arch Unit 104 Virginia Beach, VA 23451
Birdneck NeighborhoodEstimated Value: $226,000 - $234,620
2
Beds
2
Baths
945
Sq Ft
$242/Sq Ft
Est. Value
About This Home
This home is located at 501 Ocean Trace Arch Unit 104, Virginia Beach, VA 23451 and is currently estimated at $229,155, approximately $242 per square foot. 501 Ocean Trace Arch Unit 104 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
Sep 29, 2021
Sold by
Carter Kimberly C
Bought by
Neal Rachel Ferguson
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,315
Outstanding Balance
$164,012
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$65,143
Purchase Details
Closed on
Jul 12, 2007
Sold by
Ocean Trace L C
Bought by
Conner Samuel B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,960
Interest Rate
6.63%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
---|---|---|---|
Neal Rachel Ferguson | $187,700 | Old Republic Title Ins Co | |
Conner Samuel B | $226,200 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Neal Rachel Ferguson | $178,315 | |
Previous Owner | Conner Samuel B | $180,960 |
Source: Public Records
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 | $2,084 | $214,800 | $80,000 | $134,800 |
2023 | $2,031 | $205,200 | $75,000 | $130,200 |
2022 | $1,798 | $181,600 | $70,000 | $111,600 |
2021 | $1,606 | $162,200 | $69,200 | $93,000 |
2020 | $1,473 | $144,800 | $62,000 | $82,800 |
2019 | $1,500 | $141,800 | $60,000 | $81,800 |
2018 | $1,422 | $141,800 | $60,000 | $81,800 |
2017 | $1,458 | $145,400 | $60,000 | $85,400 |
2016 | $1,422 | $143,600 | $60,000 | $83,600 |
2015 | $1,330 | $134,300 | $60,000 | $74,300 |
2014 | $1,459 | $156,000 | $72,000 | $84,000 |
Source: Public Records
Map
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