NOT LISTED FOR SALE

516 Cold Spring Rd Virginia Beach, VA 23454

Great Neck Neighborhood

Estimated Value: $400,000 - $460,000

3 Beds
2 Baths
1,283 Sq Ft
$333/Sq Ft Est. Value

About This Home

This home is located at 516 Cold Spring Rd, Virginia Beach, VA 23454 and is currently estimated at $426,828, approximately $332 per square foot. 516 Cold Spring Rd is a home located in Virginia Beach City with nearby schools including Trantwood Elementary School, Lynnhaven Middle School, and Frank W. Cox High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Colvin Christopher and Colvin Lisa Goodall
Bought by
Melville Michael K
Current Estimated Value
$426,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,670
Outstanding Balance
$263,275
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$163,553

Purchase Details

Closed on
May 16, 2007
Sold by
Kelly William J
Bought by
Colvin Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,195
Interest Rate
6.18%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2005
Sold by
Kelly William J
Bought by
Kelly Florence H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,147
Interest Rate
6.05%
Mortgage Type
FHA
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
Melville Michael K $290,000 Accommodation
Colvin Christopher $309,000 --
Kelly Florence H $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melville Michael K $296,670
Previous Owner Colvin Christopher $304,195
Previous Owner Kelly Florence H $179,147
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 $3,214 $345,900 $190,000 $155,900
2024 $3,214 $331,300 $170,000 $161,300
2023 $2,975 $300,500 $150,000 $150,500
2022 $2,795 $282,300 $121,000 $161,300
2021 $2,612 $263,800 $120,800 $143,000
2020 $2,483 $244,000 $106,800 $137,200
2019 $2,550 $241,200 $120,800 $120,400
2018 $2,418 $241,200 $120,800 $120,400
2017 $2,360 $235,400 $120,800 $114,600
2016 $2,178 $220,000 $115,500 $104,500
2015 $2,243 $226,600 $136,500 $90,100
2014 $2,044 $219,800 $148,800 $71,000
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23454 Great Neck

516 Cold Spring Rd, Virginia Beach, VA

This home is located at 516 Cold Spring Rd, Virginia Beach, VA 23454 and is currently estimated at $426,828, approximately $332 per square foot. 516 Cold Spring Rd is a home located in Virginia Beach City with nearby schools including Trantwood Elementary School, Lynnhaven Middle School, and Frank W. Cox High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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