NOT LISTED FOR SALE

516 S Atlantic Ave Virginia Beach, VA 23451

Estimated Value: $2,808,000 - $6,785,000

7 Beds
8 Baths
8,100 Sq Ft
$581/Sq Ft Est. Value

About This Home

This home is located at 516 S Atlantic Ave, Virginia Beach, VA 23451 and is currently estimated at $4,702,573, approximately $580 per square foot. 516 S Atlantic Ave 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
Feb 25, 2003
Sold by
Stooksbury Dona
Bought by
E Martin Schara L L C
Current Estimated Value
$4,702,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Outstanding Balance
$525,783
Interest Rate
5.98%
Mortgage Type
Construction
Estimated Equity
$4,176,790
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

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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
E Martin Schara L L C $745,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open E Martin Schara L L C $1,225,000
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
2025 $34,890 $3,865,800 $2,125,000 $1,740,800
2024 $34,890 $3,596,900 $2,062,500 $1,534,400
2023 $31,463 $3,178,100 $1,718,800 $1,459,300
2022 $28,544 $1,671,900 $0 $1,671,900
2021 $28,109 $2,839,300 $1,562,500 $1,276,800
2020 $27,774 $2,729,600 $1,468,800 $1,260,800
2019 $29,591 $3,274,100 $1,671,900 $1,602,200
2018 $32,823 $3,274,100 $1,671,900 $1,602,200
2017 $32,826 $3,274,400 $1,671,900 $1,602,500
2016 $30,600 $3,090,900 $1,531,300 $1,559,600
2015 $26,735 $2,700,500 $1,421,900 $1,278,600
2014 $25,386 $2,729,700 $1,640,600 $1,089,100
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451

516 S Atlantic Ave, Virginia Beach, VA

This home is located at 516 S Atlantic Ave, Virginia Beach, VA 23451 and is currently estimated at $4,702,573, approximately $580 per square foot. 516 S Atlantic Ave 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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