1371 Elk Ave Norfolk, VA 23518
Bel-Aire NeighborhoodEstimated Value: $326,000 - $357,721
3
Beds
2
Baths
1,407
Sq Ft
$240/Sq Ft
Est. Value
About This Home
This home is located at 1371 Elk Ave, Norfolk, VA 23518 and is currently estimated at $338,180, approximately $240 per square foot. 1371 Elk Ave is a home located in Norfolk City with nearby schools including Larrymore Elementary School, Azalea Gardens Middle School, and Norview High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2021
Sold by
Gray Bruce L
Bought by
Taylor Martin A and Taylor Robin S
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
$261,250
Outstanding Balance
$242,676
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$98,185
Purchase Details
Closed on
Jul 22, 2005
Sold by
Gray Kenneth L
Bought by
Gray Bruce L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
7.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
---|---|---|---|
Taylor Martin A | $275,000 | Title Resources Guaranty Co | |
Gray Bruce L | $181,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Taylor Martin A | $261,250 | |
Closed | Taylor Martin A | $261,250 | |
Previous Owner | Gray Bruce L | $154,650 | |
Previous Owner | Gray Bruce L | $184,400 | |
Previous Owner | Gray Bruce L | $181,000 |
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 | $3,860 | $313,800 | $71,300 | $242,500 |
2023 | $3,471 | $277,700 | $71,300 | $206,400 |
2022 | $3,250 | $260,000 | $53,600 | $206,400 |
2021 | $2,838 | $212,000 | $48,800 | $163,200 |
2020 | $2,650 | $212,000 | $48,800 | $163,200 |
2019 | $2,616 | $209,300 | $48,800 | $160,500 |
2018 | $2,636 | $210,900 | $48,800 | $162,100 |
2017 | $2,398 | $208,500 | $48,800 | $159,700 |
2016 | $2,321 | $213,900 | $53,600 | $160,300 |
2015 | $2,326 | $213,900 | $53,600 | $160,300 |
2014 | $2,326 | $213,900 | $53,600 | $160,300 |
Source: Public Records
Map
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