NOT LISTED FOR SALE

874 Reading Rd Virginia Beach, VA 23451

Virginia Beach Central Neighborhood

Estimated Value: $640,000 - $669,000

4 Beds
3 Baths
2,796 Sq Ft
$236/Sq Ft Est. Value

About This Home

This home is located at 874 Reading Rd, Virginia Beach, VA 23451 and is currently estimated at $659,032, approximately $235 per square foot. 874 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 25, 2023
Sold by
Hernon Michael and Hernon Anastasia
Bought by
Nichols Jared T and Nichols Kathryn Powell
Current Estimated Value
$659,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,450
Outstanding Balance
$545,838
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$113,194

Purchase Details

Closed on
Dec 18, 2017
Sold by
Hsbc Bank Usa National Association
Bought by
Hernon Michael and Hernon Anastasla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,670
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2016
Sold by
Trustee Services Of Virginia Llc Substit
Bought by
Hsbc Bank Usa National Association As Tr and Deutsche Alt-A Securities Mortgage Loan
Source: Public Records

Range of Values:

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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
Nichols Jared T $603,000 Fidelity National Title
Hernon Michael $277,224 Premium Title Services Inc
Hsbc Bank Usa National Association As Tr $317,971 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Jared T $561,450
Previous Owner Hernon Michael $305,670
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 $5,511 $580,300 $250,000 $330,300
2024 $5,511 $568,100 $205,000 $363,100
2023 $4,780 $482,800 $140,000 $342,800
2022 $4,268 $118,000 $0 $118,000
2021 $4,200 $424,200 $123,000 $301,200
2020 $3,973 $390,500 $123,000 $267,500
2019 $3,879 $372,200 $118,000 $254,200
2018 $3,731 $372,200 $118,000 $254,200
2017 $3,613 $360,400 $115,000 $245,400
2016 $3,523 $355,900 $115,000 $240,900
2015 $3,608 $364,400 $115,000 $249,400
2014 $3,208 $357,100 $113,600 $243,500
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Virginia Beach Central

874 Reading Rd, Virginia Beach, VA

Not Listed for Sale

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