NOT LISTED FOR SALE

505 Prince of Wales Dr Virginia Beach, VA 23452

Little Neck Neighborhood

Estimated Value: $473,705 - $497,000

4 Beds
3 Baths
1,932 Sq Ft
$252/Sq Ft Est. Value

About This Home

This home is located at 505 Prince of Wales Dr, Virginia Beach, VA 23452 and is currently estimated at $487,676, approximately $252 per square foot. 505 Prince of Wales Dr is a home located in Virginia Beach City with nearby schools including King's Grant Elementary School, Lynnhaven Middle School, and First Colonial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Nikolaus Hoffend
Bought by
Kimmel Michael
Current Estimated Value
$487,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,796
Outstanding Balance
$392,475
Interest Rate
3.12%
Mortgage Type
VA
Estimated Equity
$95,201

Purchase Details

Closed on
May 7, 2014
Sold by
Cortina Aaron J
Bought by
Hoffend Nikolaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,127
Interest Rate
4.42%
Mortgage Type
VA

Purchase Details

Closed on
Oct 28, 2008
Sold by
Russell C Schaffer Iii Tr
Bought by
Cortina Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,207
Interest Rate
5.83%
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Kimmel Michael $411,000 Fidelity National Title
Hoffend Nikolaus $285,000 --
Cortina Aaron J $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimmel Michael $425,796
Previous Owner Hoffend Nikolaus $291,127
Previous Owner Cortina Aaron J $347,207
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
2025 $3,833 $429,200 $166,000 $263,200
2024 $3,833 $395,200 $156,000 $239,200
2023 $3,705 $374,200 $136,900 $237,300
2022 $3,109 $314,000 $119,000 $195,000
2021 $3,317 $335,000 $125,000 $210,000
2020 $3,162 $310,800 $115,000 $195,800
2019 $2,987 $309,200 $112,000 $197,200
2018 $3,100 $309,200 $112,000 $197,200
2017 $2,962 $295,500 $106,000 $189,500
2016 $2,804 $283,200 $100,000 $183,200
2015 $2,705 $273,200 $96,300 $176,900
2014 $2,356 $249,900 $112,500 $137,400
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23452 Little Neck

505 Prince of Wales Dr, Virginia Beach, VA

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