1225 Magnolia Ave Norfolk, VA 23508
Larchmont/Edgewater NeighborhoodEstimated Value: $387,000 - $437,000
3
Beds
1
Bath
1,541
Sq Ft
$264/Sq Ft
Est. Value
About This Home
This home is located at 1225 Magnolia Ave, Norfolk, VA 23508 and is currently estimated at $406,822, approximately $263 per square foot. 1225 Magnolia Ave 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
Nov 18, 2020
Sold by
King Ryan A
Bought by
Roomsburg Colin Michael
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
$300,200
Outstanding Balance
$225,992
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$181,915
Purchase Details
Closed on
Jun 14, 2013
Sold by
Peronnet David J and Peronnet Jennifer J
Bought by
King Ryan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.51%
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 |
---|---|---|---|
Roomsburg Colin Michael | $316,000 | Attorney | |
King Ryan A | $260,000 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Roomsburg Colin Michael | $300,200 | |
Previous Owner | King Ryan A | $30,000 | |
Previous Owner | King Ryan A | $208,000 | |
Previous Owner | Peronnet David | $100,000 |
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 | $4,245 | $339,600 | $156,500 | $183,100 |
2023 | $4,140 | $331,200 | $156,500 | $174,700 |
2022 | $4,046 | $323,700 | $149,000 | $174,700 |
2021 | $3,936 | $314,900 | $149,000 | $165,900 |
2020 | $3,633 | $290,600 | $149,000 | $141,600 |
2019 | $3,545 | $283,600 | $142,000 | $141,600 |
2018 | $3,525 | $282,000 | $142,000 | $140,000 |
2017 | $3,249 | $282,500 | $142,000 | $140,500 |
2016 | $3,152 | $246,800 | $135,000 | $111,800 |
2015 | $2,838 | $246,800 | $135,000 | $111,800 |
2014 | $2,838 | $246,800 | $135,000 | $111,800 |
Source: Public Records
Map
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