NOT LISTED FOR SALE

796 Lynnhaven Pkwy Virginia Beach, VA 23452

Lynnhaven Neighborhood

Estimated Value: $2,323,984

-- Bed
-- Bath
3,182 Sq Ft
$730/Sq Ft Est. Value

About This Home

This home is located at 796 Lynnhaven Pkwy, Virginia Beach, VA 23452 and is currently priced at $2,323,984, approximately $730 per square foot. 796 Lynnhaven Pkwy is a home located in Virginia Beach City with nearby schools including Brookwood Elementary School, Plaza Middle School, and Green Run High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2021
Sold by
United Restaurant Group Lp
Bought by
Mrea Virginia Beach Llc
Current Estimated Value
$2,323,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Outstanding Balance
$746,435
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2004
Sold by
Tgi Fridays Inc
Bought by
United Restaurant Group L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,355,000
Interest Rate
5.63%
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

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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
Mrea Virginia Beach Llc -- Chicago Title Insurance Co
Mrea Virginia Beach Llc $2,200,000 Chicago Title Insurance Co
United Restaurant Group L P $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mrea Virginia Beach Llc $3,800,000
Previous Owner United Restaurant Group L P $1,355,000
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 $25,412 $2,619,800 $1,596,400 $1,023,400
2023 $25,660 $2,591,900 $1,596,400 $995,500
2022 $24,909 $2,516,100 $1,596,400 $919,700
2021 $22,123 $2,234,600 $1,596,400 $638,200
2020 $21,022 $2,066,000 $1,436,800 $629,200
2019 $19,102 $1,778,200 $1,193,100 $585,100
2018 $17,826 $1,778,200 $1,193,100 $585,100
2017 $17,805 $1,776,100 $1,193,100 $583,000
2016 $15,609 $1,576,700 $1,002,200 $574,500
2015 $15,533 $1,569,000 $1,002,200 $566,800
2014 $14,341 $1,563,000 $1,002,200 $560,800
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23452 Lynnhaven

796 Lynnhaven Pkwy, Virginia Beach, VA

This home is located at 796 Lynnhaven Pkwy, Virginia Beach, VA 23452 and is currently priced at $2,323,984, approximately $730 per square foot. 796 Lynnhaven Pkwy is a home located in Virginia Beach City with nearby schools including Brookwood Elementary School, Plaza Middle School, and Green Run High School.

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