Ocean Way Condominiums 500 Winston Salem Ave Unit 203 Virginia Beach, VA 23451
Oceanfront NeighborhoodEstimated Value: $523,000 - $601,000
2
Beds
2
Baths
1,498
Sq Ft
$373/Sq Ft
Est. Value
About This Home
This home is located at 500 Winston Salem Ave Unit 203, Virginia Beach, VA 23451 and is currently estimated at $559,095, approximately $373 per square foot. 500 Winston Salem Ave Unit 203 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
Sep 15, 2023
Sold by
Obrien-Lee Lynn P
Bought by
Nguyen Phuong and Nguyen Myloi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$390,442
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$168,653
Purchase Details
Closed on
Apr 1, 2021
Sold by
Oliver Ray Temple Revocable Trust and Bowman Jerry L
Bought by
Temple Oliver Ray and Temple Kelly Hess
Purchase Details
Closed on
May 23, 2013
Sold by
Temple Trustee Oliver R and The Oliver R Temple Revocable
Bought by
Temple Oliver R
Purchase Details
Closed on
Jan 5, 2010
Sold by
Evans-Cox Jeanne
Bought by
Temple Tr Oliver R
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Nguyen Phuong | $532,000 | Fidelity National Title | |
Temple Oliver Ray | -- | None Listed On Document | |
Temple Oliver R | -- | -- | |
Temple Tr Oliver R | $375,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Nguyen Phuong | $399,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,948 | $510,100 | $77,800 | $432,300 |
2024 | $4,948 | $510,100 | $77,800 | $432,300 |
2023 | $4,395 | $443,900 | $67,700 | $376,200 |
2022 | $4,190 | $423,200 | $64,600 | $358,600 |
2021 | $3,563 | $359,900 | $54,900 | $305,000 |
2020 | $3,662 | $359,900 | $54,900 | $305,000 |
2019 | $3,525 | $327,300 | $49,900 | $277,400 |
2018 | $3,281 | $327,300 | $49,900 | $277,400 |
2017 | $3,281 | $327,300 | $49,900 | $277,400 |
2016 | $3,145 | $317,700 | $48,500 | $269,200 |
2015 | $3,054 | $308,500 | $47,100 | $261,400 |
2014 | $2,925 | $283,000 | $43,200 | $239,800 |
Source: Public Records
About Ocean Way Condominiums
Map
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