NOT LISTED FOR SALE

848 First Colonial Rd Virginia Beach, VA 23451

Great Neck Neighborhood

Estimated Value: $1,831,311

Studio
-- Bath
6,769 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 848 First Colonial Rd, Virginia Beach, VA 23451 and is currently estimated at $1,831,311, approximately $270 per square foot. 848 First Colonial Rd is a home located in Virginia Beach City with nearby schools including Linkhorn Park Elementary School, Virginia Beach Middle School, and First Colonial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2020
Sold by
Rampona Properties Inc
Bought by
848 Properties Llc
Current Estimated Value
$1,831,311

Purchase Details

Closed on
Dec 27, 2001
Sold by
Morris Richard L
Bought by
Rampona Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.04%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
848 Properties Llc $1,175,000 Fidelity National Ttl Ins Co
Rampona Properties Inc $875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rampona Properties Inc $900,000
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 $12,708 $1,311,100 $762,900 $548,200
2024 $12,708 $1,310,100 $762,900 $547,200
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Great Neck

848 First Colonial 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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