NOT LISTED FOR SALE

501 Ocean Trace Arch Unit 304 Virginia Beach, VA 23451

Birdneck Neighborhood

Estimated Value: $216,000 - $247,303

2 Beds
2 Baths
1,015 Sq Ft
$227/Sq Ft Est. Value

About This Home

This home is located at 501 Ocean Trace Arch Unit 304, Virginia Beach, VA 23451 and is currently estimated at $230,076, approximately $226 per square foot. 501 Ocean Trace Arch Unit 304 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
Jun 14, 2023
Sold by
Noble Cesar E
Bought by
Harris Drake N
Current Estimated Value
$230,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$195,460
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$34,616

Purchase Details

Closed on
Jul 7, 2020
Sold by
Burkard Kevin P
Bought by
Noble Cesar E and Noble Reyna I

Purchase Details

Closed on
Jun 28, 2015
Sold by
Ovb Lc A Virginia Limited Liability Comp
Bought by
Burkard Kevin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,003
Interest Rate
4.4%
Mortgage Type
FHA
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

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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
Harris Drake N $230,000 None Listed On Document
Noble Cesar E $160,000 Accommodation
Burkard Kevin P $159,900 Priority Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Drake N $200,000
Previous Owner Burkard Kevin P $157,003
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 $2,133 $219,900 $80,000 $139,900
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 304, Virginia Beach, VA

This home is located at 501 Ocean Trace Arch Unit 304, Virginia Beach, VA 23451 and is currently estimated at $230,076, approximately $226 per square foot. 501 Ocean Trace Arch Unit 304 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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