NOT LISTED FOR SALE

818 Close Ave Virginia Beach, VA 23451

Shadowlawn Neighborhood

Estimated Value: $949,000 - $1,075,000

3 Beds
3 Baths
1,757 Sq Ft
$584/Sq Ft Est. Value

About This Home

This home is located at 818 Close Ave, Virginia Beach, VA 23451 and is currently estimated at $1,026,071, approximately $583 per square foot. 818 Close 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
Jul 7, 2021
Sold by
Burnham Ian M
Bought by
Rankin Matthew D and St John Heather M
Current Estimated Value
$1,026,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Outstanding Balance
$578,432
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$447,639

Purchase Details

Closed on
Feb 28, 2001
Sold by
Adolphi Michael D
Bought by
Drescher John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7%
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
Rankin Matthew D $750,000 None Available
Drescher John D $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rankin Matthew D $637,500
Previous Owner Drescher John D $275,000
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 $10,543 $932,500 $598,000 $334,500
2024 $10,543 $933,500 $595,400 $338,100
2023 $7,248 $732,100 $465,800 $266,300
2022 $6,708 $583,600 $356,400 $227,200
2021 $5,533 $558,900 $340,200 $218,700
2020 $5,429 $533,600 $332,100 $201,500
2019 $4,977 $496,500 $332,100 $164,400
2018 $4,977 $496,500 $332,100 $164,400
2017 $4,820 $480,800 $332,100 $148,700
2016 $5,044 $438,800 $311,900 $126,900
2015 $5,454 $474,500 $344,300 $130,200
2014 $4,918 $459,000 $336,200 $122,800
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Shadowlawn

818 Close Ave, Virginia Beach, VA

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