NOT LISTED FOR SALE

1451 Melrose Pkwy Norfolk, VA 23508

Larchmont/Edgewater Neighborhood

Estimated Value: $323,000 - $344,877

4 Beds
1 Bath
1,508 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 1451 Melrose Pkwy, Norfolk, VA 23508 and is currently estimated at $332,969, approximately $220 per square foot. 1451 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
Jun 30, 2023
Sold by
Fresco Scott and Fresco Caryn
Bought by
Olinger Kasey James and Olinger Barbara L
Current Estimated Value
$332,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,467
Outstanding Balance
$288,640
Interest Rate
6.57%
Mortgage Type
FHA
Estimated Equity
$39,773

Purchase Details

Closed on
Mar 28, 2018
Sold by
Tibbetts Bernard S and Tibbetts Myrtle Patricia
Bought by
Fresco Scott and Fresco Caryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2011
Sold by
Tibbetts Bernard S and Tibbetts Myrtle Patricia
Bought by
Tibbetts Bernard S and Tibbetts Myrtle Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.51%
Mortgage Type
New Conventional
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
Olinger Kasey James $299,900 Jdm Title
Fresco Scott $197,000 Attorney
Tibbetts Bernard S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olinger Kasey James $294,467
Previous Owner Fresco Scott $129,000
Previous Owner Fresco Scott $147,750
Previous Owner Tibbetts Bernard S $148,000
Previous Owner Tibbetts Bernard S $115,000
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 $3,572 $290,400 $169,200 $121,200
2023 $2,608 $279,800 $169,200 $110,600
2022 $3,211 $256,900 $147,400 $109,500
2021 $3,135 $250,800 $147,400 $103,400
2020 $3,048 $243,800 $140,400 $103,400
2019 $2,973 $237,800 $140,400 $97,400
2018 $2,844 $227,500 $140,400 $87,100
2017 $2,574 $223,800 $140,400 $83,400
2016 $2,627 $209,100 $130,800 $78,300
2015 $2,352 $209,100 $130,800 $78,300
2014 $2,352 $209,100 $130,800 $78,300
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23508 Larchmont/Edgewater

1451 Melrose Pkwy, Norfolk, VA

This home is located at 1451 Melrose Pkwy, Norfolk, VA 23508 and is currently estimated at $332,969, approximately $220 per square foot. 1451 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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