NOT LISTED FOR SALE

501 Ocean Trace Arch Unit 24 Virginia Beach, VA 23451

Birdneck Neighborhood

Estimated Value: $224,000 - $247,000

2 Beds
2 Baths
945 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 501 Ocean Trace Arch Unit 24, Virginia Beach, VA 23451 and is currently estimated at $231,120, approximately $244 per square foot. 501 Ocean Trace Arch Unit 24 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
Feb 28, 2013
Sold by
Gadberry Edwin
Bought by
Rodriguez Monica
Current Estimated Value
$230,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,698
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 2007
Sold by
Ocean Trace L C
Bought by
Gadberry Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,480
Interest Rate
6.63%
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
Rodriguez Monica $172,000 --
Gadberry Edwin $230,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Kimberly C $185,000
Closed Rodriguez Monica $175,698
Previous Owner Gadberry Edwin $184,480
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 $2,087 $215,200 $80,000 $135,200
2023 $2,034 $205,500 $75,000 $130,500
2022 $1,801 $181,900 $70,000 $111,900
2021 $1,608 $162,400 $69,200 $93,200
2020 $1,475 $145,000 $62,000 $83,000
2019 $1,503 $142,000 $60,000 $82,000
2018 $1,424 $142,000 $60,000 $82,000
2017 $1,461 $145,700 $60,000 $85,700
2016 $1,425 $143,900 $60,000 $83,900
2015 $1,332 $134,500 $60,000 $74,500
2014 $1,464 $156,500 $72,000 $84,500
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Birdneck

501 Ocean Trace Arch Unit 24, Virginia Beach, VA

This home is located at 501 Ocean Trace Arch Unit 24, Virginia Beach, VA 23451 and is currently estimated at $231,120, approximately $244 per square foot. 501 Ocean Trace Arch Unit 24 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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