1301 Newell Ave Norfolk, VA 23518
Bel-Aire Neighborhood
3
Beds
2
Baths
1,102
Sq Ft
6,970
Sq Ft Lot
Highlights
- No HOA
- Central Air
- Wood Fence
- Porch
- Ceiling Fan
- Storage Shed
About This Home
As of November 2024Charming ranch home featuring 3 bedrooms and 2 bathrooms, a front porch and fenced backyard. Located close to the interstate, local schools and many restaurant and shopping options. Come tour today!
*SPECIAL FINANCING AVAILABLE*
Conventional Loan 5.875 -FHA Loan 5.25 -VA Loan 4.99
30 Year Fixed Rate. Come enjoy the benefit! Rate Relief makes this home more accessible and budget-friendly for you. What is a Rate Relief
Eligible Property? Rate Relief is a program offered by AnnieMacHome Mortgage where the mortgage interest rate is reduced for the life of the
loan. This reduction is achieved through an upfront payment made during the purchase process, and here's the best part - the seller and/or
seller's agent have committed to covering this cost for you!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,498
Year Built
- Built in 1953
Lot Details
- 6,970 Sq Ft Lot
- Wood Fence
- Back Yard Fenced
- Property is zoned R-7
Home Design
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,102 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Crawl Space
- Scuttle Attic Hole
- Washer and Dryer Hookup
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Parking Available
- Driveway
Outdoor Features
- Storage Shed
- Porch
Schools
- Crossroads Elementary School
- Azalea Gardens Middle School
- Norview High School
Utilities
- Central Air
- Heat Pump System
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Forest Park 080 Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2024
Closed on
Nov 26, 2024
Sold by
Joshua Britt Homes Llc
Bought by
Martinez Erardo
Seller's Agent
Joshua Britt
Prodigy Realty
Buyer's Agent
Eva Fisher
1st Class Real Estate Flagship
List Price
$325,000
Sold Price
$325,000
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,540
Avg. Annual Appreciation
-6.53%
Original Mortgage
$331,987
Outstanding Balance
$330,763
Interest Rate
6.44%
Mortgage Type
VA
Estimated Equity
-$19,303
Purchase Details
Listed on
Jul 2, 2024
Closed on
Jul 17, 2024
Sold by
Prodigy Homes Llc
Bought by
Joshua Britt Homes Llc
Seller's Agent
Karen Tyler
Prodigy Realty
Buyer's Agent
Joshua Britt
Prodigy Realty
List Price
$189,900
Sold Price
$195,000
Premium/Discount to List
$5,100
2.69%
Views
110
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
330.38%
Original Mortgage
$217,500
Interest Rate
6.95%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 18, 2016
Sold by
Karnes Amber E
Bought by
Prodigy Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
3.79%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 24, 2005
Sold by
Suvart Sule A
Bought by
Nussbaum Amber E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,275
Interest Rate
5.84%
Mortgage Type
FHA
Similar Homes in Norfolk, VA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $325,000 | Fidelity National Title | |
| Bargain Sale Deed | $195,000 | Fidelity National Title | |
| Warranty Deed | $99,500 | Fidelity National Title | |
| Deed | $169,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $331,987 | VA | |
| Previous Owner | $217,500 | Construction | |
| Previous Owner | $88,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $85,500 | Credit Line Revolving | |
| Previous Owner | $167,275 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $325,000 | 0.0% | $295 / Sq Ft |
| 11/07/2024 11/07/24 | Pending | -- | -- | -- |
| 10/11/2024 10/11/24 | For Sale | $325,000 | +66.7% | $295 / Sq Ft |
| 07/23/2024 07/23/24 | Sold | $195,000 | 0.0% | $188 / Sq Ft |
| 07/08/2024 07/08/24 | Price Changed | $195,000 | +2.7% | $188 / Sq Ft |
| 07/08/2024 07/08/24 | Pending | -- | -- | -- |
| 07/02/2024 07/02/24 | For Sale | $189,900 | -- | $183 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $2,908 | $214,800 | $94,000 | $120,800 |
| 2023 | $2,498 | $199,800 | $94,000 | $105,800 |
| 2022 | $2,295 | $183,600 | $77,800 | $105,800 |
| 2021 | $2,146 | $171,700 | $73,400 | $98,300 |
| 2020 | $1,975 | $158,000 | $63,500 | $94,500 |
| 2019 | $1,938 | $155,000 | $60,500 | $94,500 |
| 2018 | $1,933 | $154,600 | $60,500 | $94,100 |
| 2017 | $1,676 | $145,700 | $55,000 | $90,700 |
| 2016 | $1,654 | $141,200 | $55,000 | $86,200 |
| 2015 | $1,544 | $141,200 | $55,000 | $86,200 |
| 2014 | $1,544 | $141,200 | $55,000 | $86,200 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Britt
Seller's Agent in 2024
Joshua Britt
Prodigy Realty
(757) 350-1149
2 in this area
300 Total Sales
-
Karen Tyler
Seller's Agent in 2024
Karen Tyler
Prodigy Realty
(757) 726-7111
1 in this area
234 Total Sales
-
Robert Keilman
Seller Co-Listing Agent in 2024
Robert Keilman
Prodigy Realty
(757) 800-2674
1 in this area
77 Total Sales
-
Joy Frazier
Seller Co-Listing Agent in 2024
Joy Frazier
Prodigy Realty
(757) 353-2436
1 in this area
185 Total Sales
-
Eva Fisher
Buyer's Agent in 2024
Eva Fisher
1st Class Real Estate Flagship
(561) 674-5616
1 in this area
112 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10554833
APN: 32055600
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