NOT LISTED FOR SALE

118 West Belvedere Rd Norfolk, VA 23505

Belvedere Neighborhood

Estimated Value: $515,000 - $544,000

5 Beds
3 Baths
1,992 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 118 West Belvedere Rd, Norfolk, VA 23505 and is currently estimated at $532,849, approximately $267 per square foot. 118 West Belvedere Rd is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Susan A Motley Revocable Trust and Robert S Motley Revocable Trust
Bought by
Lincoln Timothy Gabriel and Neilsen Sara Astrid
Current Estimated Value
$532,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,382
Outstanding Balance
$518,493
Interest Rate
6.46%
Mortgage Type
FHA
Estimated Equity
$11,941

Purchase Details

Closed on
Jul 17, 2020
Sold by
Motley Susan A
Bought by
Motley Robert and Motley Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,196
Interest Rate
3.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 20, 2018
Sold by
Motley Robert S and Motley Susan A
Bought by
Motley Susan A and The Susan A Motley Revocable Trust Of Ap
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
Lincoln Timothy Gabriel $531,000 Nexgen Title
Motley Robert -- None Available
Motley Susan A -- None Available
Motley Robert S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lincoln Timothy Gabriel $521,382
Previous Owner Motley Robert $239,196
Previous Owner Motley Robert S $302,000
Previous Owner Motley Robert S $294,000
Previous Owner Motley Robert S $120,000
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 $5,665 $422,200 $200,500 $221,700
2023 $5,010 $400,800 $200,500 $200,300
2022 $4,475 $358,000 $179,000 $179,000
2021 $4,314 $345,100 $179,000 $166,100
2020 $4,031 $322,500 $169,000 $153,500
2019 $4,009 $320,700 $169,000 $151,700
2018 $3,904 $312,300 $169,000 $143,300
2017 $3,902 $339,300 $194,300 $145,000
2016 $3,902 $335,300 $194,300 $141,000
2015 $3,773 $335,300 $194,300 $141,000
2014 $3,773 $335,300 $194,300 $141,000
Source: Public Records

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