NOT LISTED FOR SALE

Estimated Value: $502,737 - $520,000

3 Beds
2 Baths
2,389 Sq Ft
$213/Sq Ft Est. Value

About This Home

This home is located at 1216 Richmond Crescent, Norfolk, VA 23508 and is currently estimated at $508,684, approximately $212 per square foot. 1216 Richmond Crescent is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Rodgers Brian
Bought by
Meredith Michael Tavis and Meredith Yanli G
Current Estimated Value
$515,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Outstanding Balance
$302,363
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$210,063

Purchase Details

Closed on
Apr 25, 2016
Sold by
Godbey Glenn C and Godbey Andrea L
Bought by
Rodgers Brian

Purchase Details

Closed on
May 21, 2007
Sold by
Smith Christopher T and Smith Caroline Allen
Bought by
Gammel Michael Evans and Gammel Gabrielle Binder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Okeefe John Sills and Okeefe Traver Purtill
Bought by
Smith Christopher T and Smith Caroline Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,107
Interest Rate
5.5%
Mortgage Type
New Conventional
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
Meredith Michael Tavis $355,000 Attorney
Rodgers Brian $320,000 Priority Title & Escrow Llc
Gammel Michael Evans $329,000 None Available
Smith Christopher T $265,501 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meredith Michael Tavis $337,250
Previous Owner Gammel Michael Evans $57,500
Previous Owner Gammel Michael Evans $263,200
Previous Owner Smith Christopher T $244,107
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 $5,443 $435,400 $156,800 $278,600
2023 $5,318 $425,400 $156,800 $268,600
2022 $4,903 $392,200 $135,700 $256,500
2021 $4,636 $370,900 $135,700 $235,200
2020 $4,775 $382,000 $135,700 $246,300
2019 $4,443 $355,400 $129,400 $226,000
2018 $4,168 $333,400 $129,400 $204,000
2017 $3,678 $319,800 $112,700 $207,100
2016 $3,678 $285,600 $115,000 $170,600
2015 $2,758 $285,600 $115,000 $170,600
2014 $2,758 $285,600 $115,000 $170,600
Source: Public Records

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