NOT LISTED FOR SALE

1024 Gates Ave Unit 2B Norfolk, VA 23507

West Ghent Neighborhood

Estimated Value: $219,000 - $247,000

3 Beds
2 Baths
1,203 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 1024 Gates Ave Unit 2B, Norfolk, VA 23507 and is currently estimated at $227,732, approximately $189 per square foot. 1024 Gates Ave Unit 2B 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
Jul 17, 2020
Sold by
Middleton Nancy K
Bought by
Black James Edward and Black Vickie V
Current Estimated Value
$227,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Outstanding Balance
$116,911
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$110,821

Purchase Details

Closed on
May 6, 2014
Sold by
Murphy Michael B
Bought by
Middleton Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,125
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2008
Sold by
Anderson Dorothy A
Bought by
Murphy Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,236
Interest Rate
6.4%
Mortgage Type
FHA
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

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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
Black James Edward $164,900 Attorney
Middleton Nancy K $37,500 Advance Title & Abstract Inc
Murphy Michael B $225,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black James Edward $131,600
Previous Owner Middleton Nancy K $103,125
Previous Owner Murphy Michael B $223,236
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
2025 $2,420 $193,600 $26,500 $167,100
2024 $2,242 $182,300 $26,500 $155,800
2023 $2,170 $173,600 $26,500 $147,100
2022 $2,104 $168,300 $24,100 $144,200
2021 $2,033 $162,600 $24,100 $138,500
2020 $2,076 $166,100 $24,100 $142,000
2019 $2,076 $166,100 $24,100 $142,000
2018 $1,951 $156,100 $24,100 $132,000
2017 $1,630 $141,700 $24,100 $117,600
2016 $1,630 $174,800 $23,500 $151,300
2015 $1,672 $174,800 $23,500 $151,300
2014 $1,672 $174,800 $23,500 $151,300
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23507 West Ghent

1024 Gates Ave Unit 2B, Norfolk, VA

This home is located at 1024 Gates Ave Unit 2B, Norfolk, VA 23507 and is currently estimated at $227,732, approximately $189 per square foot. 1024 Gates Ave Unit 2B 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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