NOT LISTED FOR SALE

505 16th St Unit B Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $727,000 - $802,000

3 Beds
3 Baths
2,666 Sq Ft
$287/Sq Ft Est. Value

About This Home

This home is located at 505 16th St Unit B, Virginia Beach, VA 23451 and is currently estimated at $765,383, approximately $287 per square foot. 505 16th St Unit B 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
Jun 30, 2022
Sold by
Dean Downing
Bought by
Maguire Maxwell and Luckey Charlotte
Current Estimated Value
$765,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,782
Outstanding Balance
$536,918
Interest Rate
4.75%
Mortgage Type
Balloon
Estimated Equity
$229,409

Purchase Details

Closed on
Feb 14, 2013
Sold by
Jones James H
Bought by
Downing Dean and Pivarnik Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,755
Interest Rate
3.45%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Maguire Maxwell $638,000 Fidelity National Title
Downing Dean $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maguire Maxwell $561,782
Previous Owner Downing Dean $372,000
Previous Owner Downing Dean $439,755
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 $6,744 $695,300 $238,000 $457,300
2023 $6,676 $674,300 $217,000 $457,300
2022 $5,911 $597,100 $181,100 $416,000
2021 $5,716 $577,400 $181,100 $396,300
2020 $5,590 $549,400 $164,700 $384,700
2019 $5,267 $476,300 $164,700 $311,600
2018 $4,775 $476,300 $164,700 $311,600
2017 $5,130 $511,700 $158,300 $353,400
2016 $5,225 $527,800 $158,300 $369,500
2015 $4,788 $483,600 $162,300 $321,300
2014 $4,237 $457,500 $166,300 $291,200
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

505 16th St Unit B, Virginia Beach, VA

This home is located at 505 16th St Unit B, Virginia Beach, VA 23451 and is currently estimated at $765,383, approximately $287 per square foot. 505 16th St Unit B 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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