NOT LISTED FOR SALE

507 16th St Unit B Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $561,000 - $717,546

4 Beds
3 Baths
2,390 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 507 16th St Unit B, Virginia Beach, VA 23451 and is currently estimated at $628,637, approximately $263 per square foot. 507 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
May 4, 2020
Sold by
Reid Krysten
Bought by
Ursic Michael J
Current Estimated Value
$628,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 1, 2016
Sold by
Laviolette Darek C
Bought by
Reid Krysten

Purchase Details

Closed on
Oct 15, 2012
Sold by
Hennessy Colleen
Bought by
Laviolette Darek C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,062
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 2004
Sold by
Bishard Dev Corp
Bought by
Wilkins Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Bishard Dev Corp
Bought by
Malmgren Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ursic Michael J $440,000 Fidelity National Ttl Ins Co
Reid Krysten $382,000 Priority Title & Escrow
Laviolette Darek C $375,000 --
Wilkins Chad $385,000 --
Malmgren Kurt $352,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ursic Michael J $353,000
Closed Ursic Michael J $352,000
Previous Owner Laviolette Darek C $383,062
Previous Owner Wilkins Chad $308,000
Previous Owner Malmgren Kurt $315,000
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 $5,830 $601,000 $238,000 $363,000
2023 $5,742 $580,000 $217,000 $363,000
2022 $5,136 $518,800 $181,100 $337,700
2021 $4,876 $492,500 $181,100 $311,400
2020 $4,634 $455,400 $159,000 $296,400
2019 $4,358 $396,800 $159,000 $237,800
2018 $3,978 $396,800 $159,000 $237,800
2017 $4,266 $425,500 $152,900 $272,600
2016 $4,335 $437,900 $152,900 $285,000
2015 $4,031 $407,200 $156,700 $250,500
2014 $3,541 $384,800 $160,500 $224,300
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

507 16th St Unit B, Virginia Beach, VA

This home is located at 507 16th St Unit B, Virginia Beach, VA 23451 and is currently estimated at $628,637, approximately $263 per square foot. 507 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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