Hampton Roads · Home sale
700 Oriole Dr Unit 311 in Virginia Beach sells for $1.1 million
A condominium at 700 Oriole Dr Unit 311, Virginia Beach sold for $1,100,000 on September 21, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,100,000
- Sold
- September 21, 2026
- Property type
- Condominium
- Year built
- 1974
At $1,100,000, the condominium at 700 Oriole Dr Unit 311 sold on September 21, 2026, according to the Virginia Beach Real Estate Assessor's sales records. The price was 54% above its $712,100 market value, according to the City of Virginia Beach Office of the Real Estate Assessor's records.
An aerial photo shows the parcel directly on the bay, with a pool, a dock and a sport court. It borders a golf course.
The record lists J. Scott Cutchin and Shirley L. Cutchin as the buyer.
The City of Virginia Beach Office of the Real Estate Assessor's records show a build year of 1974. The last sale before this one on record was $280,000 in 1999. This price is 3.9 times that. Listing data shows 2 bedrooms and 2 bathrooms.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Virginia Beach?
By our estimate, the seller's two largest charges, not counting commission and prorations, were $1,100 for the grantor's tax and $660 for the regional transportation improvement fee (Hampton Roads grantor's tax). Who pays what follows Virginia Beach custom.
How much did the seller net?
By our estimate, the seller netted about $1,040,489. That assumes a 5% commission. It is before any mortgage payoff.
How much cash did the buyer bring to closing?
A buyer putting 20% down would need about $248,561 at closing. That covers the down payment and closing costs.
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Source: City of Virginia Beach Real Estate Assessor, property sales (Virginia Beach Open Data), document 202603046739. Property details: City of Virginia Beach Office of the Real Estate Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.