NOT LISTED FOR SALE

847 Reading Rd Virginia Beach, VA 23451

Virginia Beach Central Neighborhood

Estimated Value: $551,000 - $609,000

3 Beds
3 Baths
2,059 Sq Ft
$284/Sq Ft Est. Value

About This Home

This home is located at 847 Reading Rd, Virginia Beach, VA 23451 and is currently estimated at $585,053, approximately $284 per square foot. 847 Reading Rd is a home located in Virginia Beach City with nearby schools including Birdneck Elementary School, Corporate Landing Middle School, and Ocean Lakes High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2019
Sold by
Rainey Joseph H and Rainey Beverly C
Bought by
Straight David M and Power Michelle R
Current Estimated Value
$585,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Outstanding Balance
$300,076
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$284,977
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
Straight David M $360,000 Equity Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Straight David M $342,000
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 $4,599 $493,800 $250,000 $243,800
2024 $4,599 $474,100 $205,000 $269,100
2023 $4,083 $412,400 $140,000 $272,400
2022 $3,641 $118,000 $0 $118,000
2021 $2,258 $362,400 $123,000 $239,400
2020 $3,415 $335,600 $123,000 $212,600
2019 $3,334 $322,700 $118,000 $204,700
2018 $3,235 $322,700 $118,000 $204,700
2017 $3,133 $312,500 $115,000 $197,500
2016 $3,059 $309,000 $115,000 $194,000
2015 $3,126 $315,800 $115,000 $200,800
2014 $2,752 $308,600 $113,600 $195,000
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Virginia Beach Central

847 Reading Rd, Virginia Beach, VA

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