NOT LISTED FOR SALE

617 Baker Rd Virginia Beach, VA 23462

Bayside Neighborhood

Estimated Value: $11,782,231

Studio
-- Bath
80,770 Sq Ft
$146/Sq Ft Est. Value

About This Home

This home is located at 617 Baker Rd, Virginia Beach, VA 23462 and is currently estimated at $11,782,231, approximately $145 per square foot. 617 Baker Rd is a home located in Virginia Beach City with nearby schools including Bettie F. Williams Elementary, Newtown Elementary School, and Diamond Springs Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Tkg Iii Various Llc
Bought by
Tkg-Storagemart Partners Portfolio Iii Llc
Current Estimated Value
$11,782,231

Purchase Details

Closed on
Nov 14, 2018
Sold by
M & J Baker Associates Llc
Bought by
Tkg Iii Various Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,400,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2001
Sold by
Newtown Plaa Assoc L L C
Bought by
M And J Baker Assoc L L C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Tkg-Storagemart Partners Portfolio Iii Llc -- Chicago Title
Tkg Iii Various Llc $7,200,000 Attorney
M And J Baker Assoc L L C $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tkg Iii Various Llc $5,400,000
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 $87,393 $11,084,900 $1,446,500 $9,638,400
2024 $87,393 $9,009,600 $1,356,200 $7,653,400
2023 $85,454 $8,631,700 $1,356,200 $7,275,500
2022 $74,631 $7,538,500 $1,356,200 $6,182,300
2021 $69,337 $7,003,700 $1,356,200 $5,647,500
2020 $66,528 $6,538,400 $1,356,200 $5,182,200
2019 $60,639 $5,123,100 $759,500 $4,363,600
2018 $51,359 $5,123,100 $759,500 $4,363,600
2017 $48,332 $4,821,100 $632,800 $4,188,300
2016 $43,452 $4,389,100 $632,800 $3,756,300
2015 $39,850 $4,025,300 $876,400 $3,148,900
2014 $33,460 $3,570,900 $876,400 $2,694,500
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23462 Bayside

617 Baker Rd, Virginia Beach, VA

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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