NOT LISTED FOR SALE

1111 Colley Ave Unit 5 Norfolk, VA 23507

Ghent Neighborhood

Estimated Value: $200,000 - $248,684

2 Beds
1 Bath
1,426 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 1111 Colley Ave Unit 5, Norfolk, VA 23507 and is currently estimated at $228,171, approximately $160 per square foot. 1111 Colley Ave Unit 5 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
Dec 13, 2023
Sold by
Hand Gregory R
Bought by
Reiss Timothy M and Reiss Mary Lyn
Current Estimated Value
$228,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,125
Outstanding Balance
$161,095
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$66,768
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Reiss Timothy M $217,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiss Timothy M $163,125
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 $2,504 $203,600 $53,500 $150,100
2023 $2,303 $184,200 $46,200 $138,000
2022 $2,253 $180,200 $46,200 $134,000
2021 $2,248 $179,800 $46,200 $133,600
2020 $2,124 $169,900 $37,700 $132,200
2019 $2,045 $163,600 $37,700 $125,900
2018 $2,100 $168,000 $37,700 $130,300
2017 $1,952 $169,700 $37,700 $132,000
2016 $1,952 $175,600 $37,600 $138,000
2015 $2,013 $175,600 $37,600 $138,000
2014 $2,013 $175,600 $37,600 $138,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23507 Ghent

1111 Colley Ave Unit 5, Norfolk, VA

This home is located at 1111 Colley Ave Unit 5, Norfolk, VA 23507 and is currently estimated at $228,171, approximately $160 per square foot. 1111 Colley Ave Unit 5 is a home located in Norfolk City with nearby schools including W.H. Taylor Elementary School, Blair Middle School, and Maury High School.

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