NOT LISTED FOR SALE

1027 Gates Ave Unit B Norfolk, VA 23507

West Ghent Neighborhood

Estimated Value: $496,000 - $618,000

1 Bed
1 Bath
400 Sq Ft
$1,375/Sq Ft Est. Value

About This Home

This home is located at 1027 Gates Ave Unit B, Norfolk, VA 23507 and is currently estimated at $549,848, approximately $1,374 per square foot. 1027 Gates Ave Unit B 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
Oct 17, 2022
Sold by
Forton Avery E and Forton Savannah
Bought by
Forton Avery E
Current Estimated Value
$549,848

Purchase Details

Closed on
Jul 9, 2021
Sold by
Woodhouse Andrew G and Semble Ashley L
Bought by
Forton Avery E and Forton Savannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,524
Interest Rate
2.96%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 2017
Sold by
O'Berry Benjamin J and O'Berry Christy M
Bought by
Woodhouse Andrew G and Semble Ashley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,277
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
Jan 27, 2011
Sold by
Oberry Christy M and Oberry Loraine A
Bought by
Oberry Benjamin J and Oberry Christy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Mcbride Sean A and Mcbride Sarah E
Bought by
Berry Christy O and Berry Loraine O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Forton Avery E -- Advance Title & Abstract
Forton Avery E $459,000 Advance Title & Abstract Inc
Woodhouse Andrew G $385,000 Fidelity National Title
Oberry Benjamin J $180,000 None Available
Berry Christy O $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forton Avery E $475,524
Previous Owner Woodhouse Andrew G $393,277
Previous Owner Oberry Benjamin J $300,000
Previous Owner Berry Christy O $74,000
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 $6,581 $526,500 $145,500 $381,000
2024 $6,221 $505,800 $145,500 $360,300
2023 $5,951 $476,100 $145,500 $330,600
2022 $5,699 $455,900 $131,300 $324,600
2021 $5,244 $419,500 $124,600 $294,900
2020 $5,141 $411,300 $124,600 $286,700
2019 $4,968 $397,400 $124,600 $272,800
2018 $4,868 $389,400 $124,600 $264,800
2017 $4,135 $359,600 $124,600 $235,000
2016 $3,994 $342,700 $124,600 $218,100
2015 $3,941 $342,700 $124,600 $218,100
2014 $3,941 $342,700 $124,600 $218,100
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23507 West Ghent

1027 Gates Ave Unit B, Norfolk, VA

Not Listed for Sale

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