NOT LISTED FOR SALE

1020 Little Bay Ave Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $254,000 - $300,052

2 Beds
1 Bath
920 Sq Ft
$302/Sq Ft Est. Value

About This Home

This home is located at 1020 Little Bay Ave, Norfolk, VA 23503 and is currently estimated at $277,763, approximately $301 per square foot. 1020 Little Bay Ave is a home located in Norfolk City with nearby schools including Ocean View Elementary School, Northside Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2023
Sold by
Marrow Krista H
Bought by
Petrich Kai
Current Estimated Value
$278,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2009
Sold by
Johnson James Justin
Bought by
Stephens William Wallace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2009
Sold by
Hofheimer Troy and Hofheimer Brian Webb
Bought by
Johnson James Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2006
Sold by
Hofheimer Henry Clay and Hofheimer Troy Albert
Bought by
Hofheimer Troy Albert and Hofheimer Brian Webb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 2005
Sold by
Hofheimer Damiel and Hofheimer Hanry Clay
Bought by
Hofheimer Genry Clay and Hofheimer Troy Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.66%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Petrich Kai $220,000 Priority Title & Escrow
Stephens William Wallace $178,000 Southern Title Ins Corp
Johnson James Justin $136,000 Southern Title Ins Corp
Hofheimer Troy Albert -- --
Hofheimer Genry Clay $46,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrich Kai $212,622
Closed Petrich Kai $216,015
Previous Owner Stephens William Wallace $145,825
Previous Owner Stephens William Wallace $168,000
Previous Owner Hofheimer Troy Albert $116,000
Previous Owner Hofheimer Genry Clay $60,000
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 $2,706 $220,000 $98,300 $121,700
2023 $2,465 $197,200 $98,300 $98,900
2022 $2,171 $173,700 $85,000 $88,700
2021 $2,053 $164,200 $85,000 $79,200
2020 $2,011 $160,900 $85,000 $75,900
2019 $1,949 $155,900 $85,000 $70,900
2018 $1,886 $150,900 $85,000 $65,900
2017 $1,659 $144,300 $80,800 $63,500
2016 $1,659 $125,300 $80,800 $44,500
2015 $1,441 $125,300 $80,800 $44,500
2014 $1,441 $125,300 $80,800 $44,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Willoughby

1020 Little Bay Ave, Norfolk, VA

This home is located at 1020 Little Bay Ave, Norfolk, VA 23503 and is currently estimated at $277,763, approximately $301 per square foot. 1020 Little Bay Ave is a home located in Norfolk City with nearby schools including Ocean View Elementary School, Northside Middle School, and Granby 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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