1318 Tallwood St Norfolk, VA 23518
Bay View NeighborhoodEstimated Value: $326,000 - $374,000
3
Beds
2
Baths
1,545
Sq Ft
$227/Sq Ft
Est. Value
About This Home
This home is located at 1318 Tallwood St, Norfolk, VA 23518 and is currently estimated at $350,957, approximately $227 per square foot. 1318 Tallwood St is a home located in Norfolk City with nearby schools including Bay View Elementary School, Azalea Gardens Middle School, and Norview High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 27, 2008
Sold by
Palevich E G and Palevich Joanna B
Bought by
Lachman Eric B and Lachman Megan 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
$248,675
Outstanding Balance
$163,251
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,187
Purchase Details
Closed on
Jul 22, 2005
Sold by
Palevich E G and Palevich Joanna B
Bought by
Palevich E G and Palevich Joanna B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.87%
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 |
---|---|---|---|
Lachman Eric B | $245,000 | Preferred Escrow & Title | |
Palevich E G | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lachman Eric B | $248,675 | |
Previous Owner | Palevich E G | $140,000 |
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 |
---|---|---|---|---|
2025 | $4,366 | $349,300 | $137,400 | $211,900 |
2024 | $4,060 | $330,100 | $137,400 | $192,700 |
2023 | $3,880 | $310,400 | $137,400 | $173,000 |
2022 | $3,504 | $280,300 | $110,200 | $170,100 |
2021 | $3,179 | $254,300 | $95,800 | $158,500 |
2020 | $2,926 | $234,100 | $75,600 | $158,500 |
2019 | $2,881 | $230,500 | $72,000 | $158,500 |
2018 | $2,841 | $227,300 | $72,000 | $155,300 |
2017 | $2,619 | $227,700 | $72,000 | $155,700 |
2016 | $2,454 | $218,400 | $72,000 | $146,400 |
2015 | $1,884 | $218,400 | $72,000 | $146,400 |
2014 | $1,884 | $218,400 | $72,000 | $146,400 |
Source: Public Records
Map
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