NOT LISTED FOR SALE

1234 W 40th St Unit 2350 Norfolk, VA 23508

Lambert's Point Neighborhood

Estimated Value: $450,000 - $492,000

5 Beds
3 Baths
2,248 Sq Ft
$206/Sq Ft Est. Value

About This Home

This home is located at 1234 W 40th St Unit 2350, Norfolk, VA 23508 and is currently estimated at $462,037, approximately $205 per square foot. 1234 W 40th St Unit 2350 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
Jan 4, 2021
Sold by
Balance Builders Inc
Bought by
Henry Spencer
Current Estimated Value
$462,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,900
Outstanding Balance
$310,426
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$153,132

Purchase Details

Closed on
Jun 3, 2020
Sold by
City Of Norfolk
Bought by
Balance Builders Inc
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Henry Spencer $362,000 Attorney
Balance Builders Inc $30,700 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Spencer $343,900
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 $5,373 $436,800 $61,000 $375,800
2023 $4,918 $393,400 $51,500 $341,900
2022 $4,568 $365,400 $43,000 $322,400
2021 $4,128 $330,200 $43,000 $287,200
2020 $425 $34,000 $34,000 $0
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23508 Lambert's Point

1234 W 40th St Unit 2350, Norfolk, VA

This home is located at 1234 W 40th St Unit 2350, Norfolk, VA 23508 and is currently estimated at $462,037, approximately $205 per square foot. 1234 W 40th St Unit 2350 is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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