114 E 40th St Norfolk, VA 23504
Colonial Place-Riverview NeighborhoodEstimated Value: $422,000 - $453,000
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
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
$345,216
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$96,629
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 R | $237,405 | |
| Previous Owner | Horner Karl G | $264,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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 | $5,638 | $451,000 | $139,000 | $312,000 |
| 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
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