NOT LISTED FOR SALE

114 E 40th St Norfolk, VA 23504

Colonial Place Neighborhood

Estimated Value: $406,000 - $475,264

1 Bed
2 Baths
-- Sq Ft
9,453 Sq Ft Lot

About This Home

Property Id: 1658077

Renting out the upstairs of my home. Get your own private large bedroom, bathroom and a shared kitchen downstairs. Room comes already finished with a bed and sofa. All are utilities included. Background check required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
William Archer Jacob
Bought by
Lewis Allison
Current Estimated Value
$449,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Outstanding Balance
$347,962
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$98,824

Purchase Details

Closed on
Nov 18, 2019
Sold by
Morse Kenneth R and Tsosie Roland J
Bought by
Archer Jacob William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,762
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Aug 8, 2014
Sold by
Horner Karl G and Horner Melissa
Bought by
Morse Kenneth R and Tsosie Roland J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,405
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Horner Karl G
Bought by
Horner Karl G and Horner Melissa

Purchase Details

Closed on
Mar 18, 2005
Sold by
Harrell Donald Trent
Bought by
Horner Karl G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving
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
Lewis Allison $380,000 --
Archer Jacob William $268,000 Attorney
Morse Kenneth R $249,900 Attorney
Horner Karl G -- --
Horner Karl G $333,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Allison $361,000
Previous Owner Archer Jacob William $273,762
Previous Owner Morse Kenneth $240,400
Previous Owner Morse Kenneth R $237,405
Previous Owner Horner Karl G $302,000
Previous Owner Horner Karl G $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2024 12/07/24 Off Market $1,000 -- --
11/21/2024 11/21/24 For Rent $1,000 -- --

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 $5,477 $445,300 $139,000 $306,300
2023 $5,246 $419,700 $139,000 $280,700
2022 $3,984 $318,700 $99,200 $219,500
2021 $3,579 $286,300 $99,200 $187,100
2020 $3,579 $286,300 $99,200 $187,100
2019 $3,580 $286,400 $99,200 $187,200
2018 $3,478 $278,200 $99,200 $179,000
2017 $3,136 $272,700 $99,200 $173,500
2016 $3,046 $254,100 $93,700 $160,400
2015 $3,160 $254,100 $93,700 $160,400
2014 $3,160 $254,100 $93,700 $160,400
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23504 Colonial Place

114 E 40th St, Norfolk, VA

This home is located at 114 E 40th St, Norfolk, VA 23504 and is currently estimated at $449,316. 114 E 40th St is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Maury High School.

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