NOT LISTED FOR SALE

1415 Melrose Pkwy Norfolk, VA 23508

Larchmont/Edgewater Neighborhood

Estimated Value: $408,000 - $429,000

3 Beds
3 Baths
1,814 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 1415 Melrose Pkwy, Norfolk, VA 23508 and is currently estimated at $416,028, approximately $229 per square foot. 1415 Melrose Pkwy 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
Oct 19, 2019
Sold by
Lock Jeffrey S and Lock Angela M
Bought by
Addams Leonard and Addams Marnie
Current Estimated Value
$416,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2012
Sold by
Summs Mark S and Summs Cynthia C
Bought by
Lock R Jeffrey S and Lock Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2008
Sold by
Surfs Up Properties Llc
Bought by
Summs Mark S and Summs Cynthia C

Purchase Details

Closed on
Jul 6, 2005
Sold by
Pilgrim Llc
Bought by
Surfs Up Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,950
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Addams Leonard $320,000 Attorney
Lock R Jeffrey S $303,000 None Available
Summs Mark S $146,000 Stewart Title Guaranty Co
Surfs Up Properties Llc $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Addams Leonard $262,500
Closed Addams Leonard $256,000
Previous Owner Lock R Jeffrey S $242,400
Previous Owner Surfs Up Properties Llc $90,950
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 $4,535 $368,700 $108,500 $260,200
2023 $4,323 $345,800 $108,500 $237,300
2022 $4,120 $329,600 $94,500 $235,100
2021 $3,950 $316,000 $94,500 $221,500
2020 $3,894 $311,500 $90,000 $221,500
2019 $4,023 $321,800 $90,000 $231,800
2018 $3,766 $301,300 $90,000 $211,300
2017 $3,361 $292,300 $90,000 $202,300
2016 $3,490 $239,000 $83,000 $156,000
2015 $2,997 $239,000 $83,000 $156,000
2014 $2,997 $239,000 $83,000 $156,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23508 Larchmont/Edgewater

1415 Melrose Pkwy, Norfolk, VA

This home is located at 1415 Melrose Pkwy, Norfolk, VA 23508 and is currently estimated at $416,028, approximately $229 per square foot. 1415 Melrose Pkwy is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury High School.

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