NOT LISTED FOR SALE

1437 Merrimac Ave Norfolk, VA 23504

Broad Creek Neighborhood

Estimated Value: $263,000 - $303,000

3 Beds
3 Baths
1,352 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 1437 Merrimac Ave, Norfolk, VA 23504 and is currently estimated at $280,418, approximately $207 per square foot. 1437 Merrimac Ave is a home located in Norfolk City with nearby schools including Richard Bowling Elementary School, Ruffner Middle School, and Norview High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2009
Sold by
Norfolk Redevelopment & Housing Authorit
Bought by
Young Joyce L
Current Estimated Value
$280,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Outstanding Balance
$93,560
Interest Rate
4.98%
Mortgage Type
New Conventional
Estimated Equity
$172,270
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Young Joyce L $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Joyce L $139,000
Previous Owner Tivest Development & Construction Llc $128,000
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 $2,826 $226,100 $27,000 $199,100
2023 $2,826 $226,100 $27,000 $199,100
2022 $2,368 $189,400 $23,500 $165,900
2021 $2,225 $178,000 $23,500 $154,500
2020 $2,130 $170,400 $20,500 $149,900
2019 $2,116 $169,300 $19,400 $149,900
2018 $2,034 $162,700 $19,400 $143,300
2017 $1,843 $160,300 $19,400 $140,900
2016 $1,843 $176,600 $19,400 $157,200
2015 $2,031 $176,600 $19,400 $157,200
2014 $2,031 $176,600 $19,400 $157,200
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23504 Broad Creek

1437 Merrimac Ave, Norfolk, VA

This home is located at 1437 Merrimac Ave, Norfolk, VA 23504 and is currently estimated at $280,418, approximately $207 per square foot. 1437 Merrimac Ave is a home located in Norfolk City with nearby schools including Richard Bowling Elementary School, Ruffner Middle School, and Norview High School.

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