NOT LISTED FOR SALE

506 Arctic Ave Unit 2 Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $588,000 - $724,000

2 Beds
1 Bath
720 Sq Ft
$878/Sq Ft Est. Value

About This Home

This home is located at 506 Arctic Ave Unit 2, Virginia Beach, VA 23451 and is currently estimated at $632,278, approximately $878 per square foot. 506 Arctic Ave Unit 2 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
Aug 29, 2016
Sold by
Fjara Llc A Virginia Liability Company
Bought by
Rose Jeffrey W
Current Estimated Value
$632,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2014
Sold by
Gardner Tony R
Bought by
Fjara Llc

Purchase Details

Closed on
Aug 26, 2008
Sold by
Galloway Richard E
Bought by
Gardner Tony R
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

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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
Rose Jeffrey W $360,000 Priority Title & Escrow Llc
Fjara Llc $309,000 --
Gardner Tony R $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Jeffrey W $341,650
Closed Rose Jeffrey W $8,722
Closed Rose Jeffrey W $353,479
Previous Owner Gardner Tony R $83,000
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 $4,962 $511,500 $392,500 $119,000
2023 $4,097 $413,800 $307,100 $106,700
2022 $3,545 $358,100 $235,000 $123,100
2021 $3,358 $339,200 $224,300 $114,900
2020 $3,305 $324,800 $218,900 $105,900
2019 $3,169 $306,900 $218,900 $88,000
2018 $3,077 $306,900 $218,900 $88,000
2017 $3,024 $301,600 $218,900 $82,700
2016 $2,733 $276,100 $205,600 $70,500
2015 $2,945 $297,500 $227,000 $70,500
2014 $2,564 $282,300 $221,600 $60,700
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

506 Arctic Ave Unit 2, Virginia Beach, VA

This home is located at 506 Arctic Ave Unit 2, Virginia Beach, VA 23451 and is currently estimated at $632,278, approximately $878 per square foot. 506 Arctic Ave Unit 2 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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