NOT LISTED FOR SALE

505 Carolina Ave Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $950,990 - $963,000

4 Beds
4 Baths
3,273 Sq Ft
$293/Sq Ft Est. Value

About This Home

This home is located at 505 Carolina Ave, Virginia Beach, VA 23451 and is currently estimated at $957,748, approximately $292 per square foot. 505 Carolina Ave 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 13, 2005
Sold by
Rice William L
Bought by
Drinkwater Darrell A
Current Estimated Value
$957,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.67%
Mortgage Type
New Conventional
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Drinkwater Darrell A $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bomar Thomas S $80,000
Open Bomar Thomas S $580,186
Closed Drinkwater Darrell A $158,750
Closed Drinkwater Darrell A $55,000
Closed Drinkwater Darrell A $32,979
Closed Drinkwater Darrell A $394,400
Closed Drinkwater Darrell A $360,000
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 $7,484 $771,500 $386,600 $384,900
2023 $6,411 $647,600 $302,500 $345,100
2022 $6,233 $629,600 $231,400 $398,200
2021 $5,857 $591,600 $220,900 $370,700
2020 $5,186 $509,700 $215,700 $294,000
2019 $4,338 $416,000 $215,700 $200,300
2018 $4,170 $416,000 $215,700 $200,300
2017 $4,049 $403,900 $215,700 $188,200
2016 $3,595 $363,100 $202,500 $160,600
2015 $3,804 $384,200 $223,600 $160,600
2014 $3,455 $380,200 $218,300 $161,900
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

505 Carolina Ave, Virginia Beach, VA

This home is located at 505 Carolina Ave, Virginia Beach, VA 23451 and is currently estimated at $957,748, approximately $292 per square foot. 505 Carolina Ave 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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