NOT LISTED FOR SALE

525 First Colonial Rd Virginia Beach, VA 23451

Great Neck Neighborhood
-- Bed
-- Bath
137,811 Sq Ft
9 Acres

About This Home

This home is located at 525 First Colonial Rd, Virginia Beach, VA 23451. 525 First Colonial Rd is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Lynnhaven Middle School, and First Colonial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2019
Sold by
Maizels Max Sam
Bought by
Maizels Max Sam and The 2013 Maizels Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,229,052
Interest Rate
3.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Maizels Max Sam -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miriams Realty Llc $2,500,000
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 $122,846 $12,664,500 $3,580,800 $9,083,700
2023 $122,822 $12,406,300 $3,580,800 $8,825,500
2022 $115,138 $11,630,100 $3,580,800 $8,049,300
2021 $118,436 $11,963,200 $3,580,800 $8,382,400
2020 $121,540 $11,945,000 $3,594,200 $8,350,800
2019 $104,412 $10,404,300 $3,594,200 $6,810,100
2018 $104,303 $10,404,300 $3,594,200 $6,810,100
2017 $108,433 $10,816,300 $3,594,200 $7,222,100
2016 $106,414 $10,748,900 $3,594,200 $7,154,700
2015 $106,952 $10,803,200 $3,594,200 $7,209,000
2014 $99,962 $10,842,100 $3,594,200 $7,247,900
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Great Neck

525 First Colonial Rd, Virginia Beach, VA

This home is located at 525 First Colonial Rd, Virginia Beach, VA 23451. 525 First Colonial Rd is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Lynnhaven Middle School, and First Colonial High School.

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