NOT LISTED FOR SALE

1016 Colonial Ave Norfolk, VA 23507

Ghent Square Neighborhood

Estimated Value: $539,148 - $543,000

4 Beds
3 Baths
2,617 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 1016 Colonial Ave, Norfolk, VA 23507 and is currently estimated at $540,787, approximately $206 per square foot. 1016 Colonial Ave is a home located in Norfolk City with nearby schools including W.H. Taylor Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Don E Bell Revocable Trust
Bought by
Nolen Kelsey
Current Estimated Value
$540,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,600
Outstanding Balance
$300,688
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$240,653

Purchase Details

Closed on
May 26, 2005
Sold by
Bell Don E
Bought by
Bell Don E and Don E Bell Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Nolen Kelsey $490,000 Fidelity National Title
Bell Don E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nolen Kelsey $304,600
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 $6,013 $481,000 $113,000 $368,000
2023 $6,045 $483,600 $113,000 $370,600
2022 $5,653 $452,200 $98,200 $354,000
2021 $5,219 $417,500 $98,200 $319,300
2020 $5,115 $409,200 $98,200 $311,000
2019 $4,926 $394,100 $98,200 $295,900
2018 $4,975 $398,000 $98,200 $299,800
2017 $4,479 $389,500 $98,200 $291,300
2016 $4,377 $364,600 $98,200 $266,400
2015 $3,870 $364,600 $98,200 $266,400
2014 $3,870 $364,600 $98,200 $266,400
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23507 Ghent Square

1016 Colonial Ave, Norfolk, VA

This home is located at 1016 Colonial Ave, Norfolk, VA 23507 and is currently estimated at $540,787, approximately $206 per square foot. 1016 Colonial Ave is a home located in Norfolk City with nearby schools including W.H. Taylor Elementary School, Blair Middle School, and Maury 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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