NOT LISTED FOR SALE

602 23 1/2 St Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $741,000 - $783,000

4 Beds
4 Baths
1,885 Sq Ft
$406/Sq Ft Est. Value

About This Home

This home is located at 602 23 1/2 St, Virginia Beach, VA 23451 and is currently estimated at $765,166, approximately $405 per square foot. 602 23 1/2 St 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 28, 2024
Sold by
Ko Brian and Ko Christine
Bought by
Ortiz Daniel and Ortiz Rachael
Current Estimated Value
$765,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$683,100
Outstanding Balance
$645,263
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$119,903

Purchase Details

Closed on
Mar 21, 2022
Sold by
Brent Kramer Robert
Bought by
Ko Brian and Ko Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2021
Sold by
Stegmaier Andrew J
Bought by
Kramer Robert Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,879
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2017
Sold by
Beach Borough Development Llc A Virignia
Bought by
Stegmaier Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,392
Interest Rate
4.4%
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
Ortiz Daniel $759,000 Fidelity National Title
Ko Brian $680,000 Fidelity National Title
Kramer Robert Brent $515,000 Old Republic Natl Ttl Ins Co
Stegmaier Andrew J $420,000 Pacific Virginia Title Agncy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Daniel $683,100
Previous Owner Ko Brian $280,000
Previous Owner Kramer Robert Brent $466,879
Previous Owner Stegmaier Andrew J $412,392
Closed Ko Brian $264,000
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 $5,923 $700,500 $265,200 $435,300
2024 $5,923 $610,600 $238,000 $372,600
2023 $5,837 $589,600 $217,000 $372,600
2022 $5,149 $520,100 $181,100 $339,000
2021 $4,887 $493,600 $181,100 $312,500
2020 $4,512 $443,400 $138,200 $305,200
2019 $4,160 $377,100 $138,200 $238,900
2018 $3,780 $377,100 $138,200 $238,900
2017 $4,019 $400,900 $132,800 $268,100
2016 $4,146 $418,800 $132,800 $286,000
2015 -- $0 $0 $0
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

602 23 1/2 St, Virginia Beach, VA

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