NOT LISTED FOR SALE

1496 Arctic Ave Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $706,555 - $806,000

3 Beds
3 Baths
1,708 Sq Ft
$439/Sq Ft Est. Value

About This Home

This home is located at 1496 Arctic Ave, Virginia Beach, VA 23451 and is currently estimated at $749,389, approximately $438 per square foot. 1496 Arctic Ave 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
Jan 16, 2024
Sold by
Mx3 Inc
Bought by
Burnette Walter L and Rhodes Carolyn W
Current Estimated Value
$749,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$594,462
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$183,508

Purchase Details

Closed on
Sep 11, 2023
Sold by
Fincham Dorothy A
Bought by
Mx3 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 23, 1998
Sold by
Vb Contractors Inc
Bought by
Fincham Luther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
6.84%

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
Burnette Walter L $750,000 Old Republic National Title
Mx3 Inc $552,000 First American Title
Fincham Luther M $189,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnette Walter L $600,000
Previous Owner Mx3 Inc $130,000
Previous Owner Mx3 Inc $150,000
Previous Owner Fincham Luther M $151,900
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
2024 $6,063 $625,100 $370,000 $255,100
2023 $5,915 $597,500 $370,000 $227,500
2022 $5,064 $246,100 $0 $246,100
2021 $3,264 $469,200 $275,000 $194,200
2020 $4,673 $459,300 $246,100 $213,200
2019 $4,511 $422,400 $246,100 $176,300
2018 $4,235 $422,400 $246,100 $176,300
2017 $4,277 $426,600 $236,700 $189,900
2016 $3,819 $385,800 $236,600 $149,200
2015 $3,998 $403,800 $242,600 $161,200
2014 $3,772 $388,700 $242,600 $146,100
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

1496 Arctic Ave, Virginia Beach, VA

Homes for Sale in Virginia Beach, VA

This home is located at 1496 Arctic Ave, Virginia Beach, VA 23451 and is currently estimated at $749,389, approximately $438 per square foot. 1496 Arctic Ave 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.

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