1222 Elk Ave Norfolk, VA 23518
Bel-Aire NeighborhoodEstimated Value: $404,000 - $464,000
4
Beds
2
Baths
2,483
Sq Ft
$173/Sq Ft
Est. Value
About This Home
This home is located at 1222 Elk Ave, Norfolk, VA 23518 and is currently estimated at $430,430, approximately $173 per square foot. 1222 Elk Ave is a home located in Norfolk City with nearby schools including Crossroads School, Azalea Gardens Middle School, and Norview High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 29, 2020
Sold by
Nanney Jeffrey Dean and Nanney Apryl Raye
Bought by
Martin Douglas Andrew and Brown Breanna M
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
$346,797
Outstanding Balance
$308,652
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$121,778
Purchase Details
Closed on
Feb 1, 2016
Sold by
Newton Roger S and Newton Karyone Y
Bought by
Nanney Jeffrey Dean and Nanney Apryl Raye
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2007
Sold by
Bel Aire Properties Llc
Bought by
Newton Roger S and Newton Karyone Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 18, 2006
Sold by
Davis Russell Scott
Bought by
Bel Aire Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
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 |
---|---|---|---|
Martin Douglas Andrew | $339,000 | Title Concepts | |
Nanney Jeffrey Dean | $290,000 | Attorney | |
Newton Roger S | $345,000 | Lawyers Title Insurance Corp | |
Bel Aire Properties Llc | $271,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Martin Douglas Andrew | $346,797 | |
Previous Owner | Nanney Jeffrey Dean | $290,000 | |
Previous Owner | Newton Roger S | $240,750 | |
Previous Owner | Newton Roger S | $245,000 | |
Previous Owner | Bel Aire Properties Llc | $240,000 |
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 | $4,871 | $396,000 | $95,500 | $300,500 |
2023 | $4,509 | $360,700 | $95,500 | $265,200 |
2022 | $4,225 | $338,000 | $72,800 | $265,200 |
2021 | $4,009 | $320,700 | $72,800 | $247,900 |
2020 | $3,718 | $297,400 | $63,300 | $234,100 |
2019 | $3,665 | $293,200 | $63,300 | $229,900 |
2018 | $3,521 | $281,700 | $63,300 | $218,400 |
2017 | $3,244 | $282,100 | $63,300 | $218,800 |
2016 | $3,128 | $247,700 | $63,300 | $184,400 |
2015 | $2,824 | $247,700 | $63,300 | $184,400 |
2014 | $2,824 | $247,700 | $63,300 | $184,400 |
Source: Public Records
Map
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