NOT LISTED FOR SALE

894 Park Place Dr Virginia Beach, VA 23451

Virginia Beach Central Neighborhood

Estimated Value: $670,000 - $720,000

3 Beds
3 Baths
2,706 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 894 Park Place Dr, Virginia Beach, VA 23451 and is currently estimated at $689,189, approximately $254 per square foot. 894 Park Place Dr 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 17, 2019
Sold by
Averso Donald V and Averso Patricia A
Bought by
Ripberger Thomas M and Ripberger Marissa N
Current Estimated Value
$689,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,342
Outstanding Balance
$347,042
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$342,147

Purchase Details

Closed on
Apr 15, 2005
Sold by
Anderson Scott
Bought by
Averso Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2001
Sold by
Paravella Charles W
Bought by
Anderson Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,910
Interest Rate
6.91%
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
Ripberger Thomas M $388,000 Attorney
Averso Donald $311,500 --
Anderson Scott A $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ripberger Thomas M $396,342
Previous Owner Averso Donald $160,000
Previous Owner Anderson Scott A $202,910
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 $5,215 $560,300 $250,000 $310,300
2024 $5,215 $537,600 $205,000 $332,600
2023 $4,803 $485,200 $140,000 $345,200
2022 $4,289 $118,000 $0 $118,000
2021 $5,049 $419,000 $123,000 $296,000
2020 $3,992 $392,300 $123,000 $269,300
2019 $3,828 $369,400 $118,000 $251,400
2018 $3,703 $369,400 $118,000 $251,400
2017 $3,586 $357,700 $115,000 $242,700
2016 $3,498 $353,300 $115,000 $238,300
2015 $3,498 $353,300 $115,000 $238,300
2014 $3,179 $354,000 $113,600 $240,400
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Virginia Beach Central

894 Park Place Dr, Virginia Beach, VA

This home is located at 894 Park Place Dr, Virginia Beach, VA 23451 and is currently estimated at $689,189, approximately $254 per square foot. 894 Park Place Dr is a home located in Virginia Beach City with nearby schools including Birdneck Elementary School, Corporate Landing Middle School, and Ocean Lakes High School.

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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