516 Cold Spring Rd Virginia Beach, VA 23454
Great Neck NeighborhoodEstimated Value: $401,982 - $438,000
3
Beds
2
Baths
1,283
Sq Ft
$325/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 $417,246, approximately $325 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
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
$153,971
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
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Home Values in the Area
Average Home Value in this Area
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
| 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 |
Source: Public Records
Map
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