1221 Gates Ave Norfolk, VA 23507
West Ghent NeighborhoodEstimated Value: $616,000 - $638,000
4
Beds
3
Baths
2,579
Sq Ft
$244/Sq Ft
Est. Value
About This Home
This home is located at 1221 Gates Ave, Norfolk, VA 23507 and is currently estimated at $628,751, approximately $243 per square foot. 1221 Gates Ave 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
Aug 23, 2021
Sold by
Rafal Adam S and Rafal Sara B
Bought by
Hirschbeck Jeremy N and Hirschbeck Douglas Monica
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
$464,400
Outstanding Balance
$427,148
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$188,850
Purchase Details
Closed on
Sep 11, 2007
Sold by
Rafal Sara B and Rafal Adam S
Bought by
Rafal Sara B and Rafal Adam S
Purchase Details
Closed on
Oct 4, 2005
Sold by
Wade Larry A and Wade Faye Brock
Bought by
Berg Sara L and Rafal Adam S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.75%
Mortgage Type
New Conventional
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 |
---|---|---|---|
Hirschbeck Jeremy N | $516,000 | Attorney | |
Rafal Sara B | -- | None Available | |
Berg Sara L | $459,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hirschbeck Jeremy N | $464,400 | |
Previous Owner | Rafal Sara B | $260,000 | |
Previous Owner | Rafal Adam S | $80,000 | |
Previous Owner | Berg Sara L | $260,000 |
Source: Public Records
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 |
---|---|---|---|---|
2024 | $7,514 | $610,900 | $165,900 | $445,000 |
2023 | $7,180 | $574,400 | $165,900 | $408,500 |
2022 | $6,886 | $550,900 | $149,700 | $401,200 |
2021 | $6,359 | $508,700 | $142,600 | $366,100 |
2020 | $6,231 | $498,500 | $142,600 | $355,900 |
2019 | $6,019 | $481,500 | $142,600 | $338,900 |
2018 | $5,788 | $463,000 | $142,600 | $320,400 |
2017 | $5,178 | $450,300 | $142,600 | $307,700 |
2016 | $4,993 | $398,000 | $142,600 | $255,400 |
2015 | $4,915 | $398,000 | $142,600 | $255,400 |
2014 | $4,915 | $398,000 | $142,600 | $255,400 |
Source: Public Records
Map
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